• ABOUT RENATUS

Who We Are

Renatus is a team of talented professionals with significant investment and development experience. We are focused on a concentrated geography, leading to proprietary deal flow, a unique understanding of value and the ability to access long-standing relationships throughout the underwriting and execution of a transaction.

For every opportunity, we build a business plan that maximizes the “highest and best use” of an asset while mitigating potential downsides. Our process starts with leveraging our comprehensive local knowledge – zoning, construction, financial, management, legal, etc. – to evaluate the potential for value creation and identifying associated risks. Throughout the life of an investment, we are fully hands-on to ensure that our business plan is executed efficiently, that we capture additional upside when it presents itself, and that unexpected issues are addressed promptly.

Renatus reflects our commitment to our core values, our entrepreneurial drive, and our first-hand understanding of institutional best practices. We remain focused and nimble while being dedicated to strong process and reporting standards throughout the life of an investment. This combination of values and best practices has led to an outstanding track record and built lasting partnerships over our combined 100+ years and $2 billion of transaction experience.

The Renatus Group Investments

Meet The Team

KEVIN LEAHEY
Co-Founder & Principal

Mr. Leahey co-founded The Renatus Group in 2008. Prior to founding Renatus, Mr. Leahey was Vice President of Acquisitions and Asset Management for a New York-based joint venture partner of Kimco Realty Corporation (NYSE:KIM), a multi-billion dollar REIT. From 2002-2008 Mr. Leahey participated in the acquisition, management, and redevelopment of over a dozen properties comprising approximately $200 million in assets. Mr. Leahey graduated magna cum laude from SUNY Binghamton and holds a B.A. in Philosophy, Politics and Law.

STEPHEN MATRI, JR.
Co-Founder & Principal

Mr. Matri co-founded The Renatus Group in 2008. Prior to founding Renatus, Mr. Matri was a Senior Investment Sales
Associate at Marcus and Millichap where his primary focus was on commercial multi-family and retail assets. During his
time there he sold well in excess of $100 million worth of Manhattan real estate and was an integral part of expanding the
firm’s NYC presence. Mr. Matri holds a B.A. from the University of Arizona.

HERB EILBERG
Principal

Prior to joining The Renatus Group in 2022, Mr. Eilberg served as Chief Investment Officer of Urban Edge Properties (NYSE: UE), a $4 billion REIT with 17 million sf of retail, storage and industrial assets located primarily in the New York City MSA. During his time at UE, Mr. Eilberg was responsible for over $1 billion of acquisitions and dispositions. Prior to UE, Mr.
Eilberg served as SVP of Acquisitions for Acadia Realty Trust (NYSE: AKR). Prior to Acadia, Mr. Eilberg was part of the investment teams at The Milestone Group, Perry Capital and Soros Real Estate Partner during which time he invested in the multifamily, retail, storage and hospitality sectors and executed transactions throughout the capital stack. Mr. Eilberg graduated magna cum laude from Brown University with a B.A. in Architectural Studies.

JOSEPH MEYER
Vice President, Asset Management

Prior to joining The Renatus Group in 2008, Mr. Meyer worked as a broker at Marcus & Millichap Real Estate Investment Services from 2006 to 2009. Mr. Meyer was responsible for underwriting, marketing, and negotiating contracts on behalf of commercial clients. He evaluated and appraised investment properties including mixed-use, multifamily, office and retail and listed and sold over $75 million real estate properties. Joseph Meyer graduated from the University of Delaware in 2002 with a B.A. in communications.

MICAH SALVESEN
Director, Property Management

Prior to joining Renatus in 2010, Mr. Salvesen was head property manager for a boutique real estate investment company located in Manhattan, NY. Mr. Salvesen brings approximately 18 years of experience in property management, tenant relations, and construction oversight.

Our Strategy

01 GEOGRAPHIC FOCUS

Primary target market is the Greater New York Metro, a market with 23.2 million people and a GDP greater than Brazil, Canada or South Korea.

02 ACTIVE VALUE CREATION

Business plans that creatively transform undervalued and/ or undermanaged assets; projected returns not based on financial engineering or market timing.

03 SECTOR AGNOSTIC

Maximize value of assets by identifying the “highest and best use” for a specific location or property; incorporate sector specific experts as needed.

04 RISK MANAGEMENT

Quantify risk and identify opportunities with asymmetric return profiles that provide downside protection and attractive upside potential.

REAL ESTATE ACQUISITION

Criteria:

  • Distressed or underperforming commercial income -producing properties.

  • Asset classes may include:

  • Development Projects
  • Office
  • Hospitality
  • Multi-family
  • Industrial
  • Single and multi-tenant triple net properties

DEBT ACQUISITION

Criteria:

  • Non performing real estate debt.

  • Assets secured by income-producing commercial real estate

  • Assets classes may include:

  • Multi-family
  • Industrial
  • Single and multi-tenant triple net properties
  • Office
  • Hospitality
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