Ivy Realty celebrating 10 years as leader in tri-state RE market.Ivy Realty, a leading real estate investor A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. and developer throughout New Jersey, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and Connecticut has announced that it is celebrating its 10th anniversary this year. Since its inception, Ivy Realty has purchased and developed in excess of $1 billion in commercial real estate. Founded in 1996 by Anthony P. DiTommaso, Jr. and Russell F. Warren, Jr., Ivy Realty is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ivy Equities, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Over the past 10 years the company has grown to 50 employees and boasts a four million-square-foot portfolio of office properties that Ivy Realty owns, manages, and leases, with significant added development potential throughout the tri-state area. Notable acquisitions over the past 10 years include the $145 million acquisition of the 800,000 s/f Prudential Metropark office complex, as well as the acquisition of the 280,000 s/f retail redevelopment for Wal-Mart in White Plains, NY. Ivy has established itself as one of the most active and aggressive acquirers and developers in the market and has earned the respect and admiration of their peers as evidenced by them being named the New Jersey NAIOP NAIOP National Association of Industrial and Office Properties NAIOP National Association of Industrial and Office Parks NAIOP Navigational Aid Inoperative for Parts Impact Company of the Year in 2004. DiTommaso, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder of Ivy Equities, LLC stated "Over the past 10 years we have grown significantly in all sectors of the market and built a reputation of integrity--a company that people like to work with. "We owe a lot of this success to our exceptional team of employees as well as the outstanding relationships we have built in the brokerage, investment, and corporate communities." Ivy Equities, LLC was formed as a diversified investment company Diversified investment company An investment vehicle such as a mutual fund that invests in an assortment of securities. offering high net worth investors and institutions opportunities to invest in commercial real estate and private equity. Ivy Equities is comprised of three business lines, which includes Ivy Realty, First Ivy Capital Markets, LLC, and Ivy Healthcare Capital, LP, a $30 million private equity fund focused on investing in companies in the orthopedic sector of the healthcare marketplace. |
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