# Definition Real Estate Group

> Third-party real estate services for ownership groups who expect institutional rigor: asset management, property management and investor reporting, with additional capabilities in due diligence, construction management, leasing and capital markets execution. Based in New York, NY. Led by David Roth, 20 years in Northeast real estate.

## Services
- Asset Management: financial modeling, capital budgeting and strategic oversight across the hold period
- Property Management: day-to-day operations, vendor and contractor oversight, tenant relations
- Investor Reporting: clear, timely financial reporting for ownership and capital partners
- Due Diligence: acquisition underwriting, lease abstraction, market analysis, financial due diligence
- Construction Management: oversight of capital projects and renovations from budgeting through completion
- Leasing: tenant sourcing, offer packages and lease negotiation, commercial and residential
- Capital Markets Execution: commitment-to-closing coordination of debt and equity deals

## Track record
- $15MM core-and-shell renovation of a 60,000 SF former hospital in Jersey City, with $3MM in tax credit equity; National Register of Historic Places
- Ground-up 20,000 SF apartment building in Clinton Hill, Brooklyn, with a 15-year 421-a tax abatement
- Refinancing of 450 multifamily units across Baltimore and Washington, DC
- Conversion of a 50,000 SF former dormitory in New Rochelle into transitional and affordable housing under a 10-year GSA lease, 40%+ IRR
- Defaulted-note acquisitions exited via deed-in-lieu at 2.0x and 1.7x equity multiples
- Retained by a top-producing capital markets broker to manage commitment-to-closing execution

## Who leads it
- David Roth, Founder and Principal. Founder and Principal of Palladium Management (2011–present), a family-office real estate platform in New York. Director of Asset Management at Infinity Real Estate (2005–2011), $150 million portfolio. M.S. Real Estate and B.S., Baruch College, CUNY. Systems: Advanced Excel, Yardi, AppFolio, PropertyWare.

## Contact
- Email: david@definitionrealestategroup.com
- Mobile: 917-494-6424
- Office: New York, NY
- Website: https://definitionrealestategroup.com/

## Pages
- [Home](https://definitionrealestategroup.com/): services, track record, about, questions, contact
- [About](https://definitionrealestategroup.com/about.html): David Roth and the firm