Coolidge Equities


Mr. Fred Stahl, Partner

Fred Stahl has been in the Real Estate business since 1980. Fred started out as a sales broker and became a member of the Sales Broker Committee of the Real Estate Board of New York. In 1992 he became involved in the purchase of pools of loans and R.E.O. He and his partners bought and sold over a billion dollars worth of loans from the RTC, FDIC, banks, and private sellers.

In 2001 along with the partners he negotiated and closed the purchase of a package of 12,551 apartment units primarily located in the eastern United States. He went on to eventually purchase over 20,000 apartments.

He also was a key partner in the purchase of over two million square feet of New York office buildings.

Mr. Sheldon Stahl, Partner

Sheldon Stahl, a principal of Coolidge Equities, Ltd., has been with the company since 1983. He is involved with the acquisition and oversight of real estate investments nationwide. Along with his partners, he oversees a portfolio consisting of 20,000 apartment units and 2 million square feet of commercial properties. His day to day responsibilities include new acquisitions, financing, management oversight and with his partners, develops strategies to improve and expand the portfolio.

Prior to Coolidge Equities, Sheldon worked with Stark Management Co. Inc., a large multifamily management company with over 5,000 apartments in New York City. He was involved with the day to day management of apartment properties as well as co-operative apartment properties.

Sheldon is a licensed real estate broker in New York State, as well as a member of the Real Estate Board of New York (REBNY).

Coolidge Equities LTD, an affiliate of Houlihan Parnes, was formed in 1992. The firm currently controls a myriad of multi-family properties, office buildings, shopping centers, co-op conversions, warehouses, and specialty properties. This portfolio is extraordinary in scope, consisting of over 20,000 multi-family units and 2 million square feet of commercial space. Although properties are located throughout the country, significant portions of the portfolio are positioned in the New York City Metropolitan area, Pennsylvania, New Jersey, the Southeast, and the Southwest.

The extraordinary success of Coolidge Equities reflects the superior ability of its highly experienced professionals to identify and acquire properties with value-add potential. The executive team of Coolidge Equities has a combined 100 years of experience in all aspects of the real estate business. Coolidge Equities specializes in acquiring investment portfolios, individual properties, loan pools, and REO properties that provide opportunities for increased appreciation through aggressive repositioning and innovative management. The firm enjoys longstanding relationships with many owners, brokers, lenders and professionals in the industry. Many of the current partners have been investors with the firm for well over a quarter of a century. These sources provide a constant avenue of access to a wide array of offerings.

Coolidge Equities is in the position of continually adding to its portfolio while also disposing of assets. The firm is able to act on new offerings immediately because of its diverse holdings, its in-depth knowledge of the sales and mortgage markets, and its financial strength. Its proven ability to make fast, reliable offers often gives Coolidge Equities the inside track in a competitive bidding situation. Further, the expertise of all involved is utilized to bring each property to the height of its value and then, to ascertain whether to add the location to its long term portfolio, or to position the property for sale.

This highly successful real estate firm continues to be extremely active in seeking new investment opportunities nationwide.

Selected Holdings:

Coolidge 53 Portfolio -
Acquired from a major REIT, this portfolio consists of 53 complexes with 12,550 garden apartment units, situated in 14 states in the eastern part of the country. Through careful implementation of the strategic plan, Coolidge Equities and its partner have disposed half of the portfolio and refinanced the rest. Substantial capital has been prudently invested to maintain the properties at exceptional service quality.

"Courts at Waterford" Chantanooga, TN - 318 Unit Apartment Complex
"Knollwood" Mobile, AL - 704 Unit Apartment Complex
"Sherwood Acres" Baton Rouge, LA - 604 Unit Apartment Complex

Coolidge 6 Portfolio -
With over 2500 units, this acquisition contained 6 highest quality properties in their respective locations, strategically spreading into Kansas, Kentucky, Missouri, Louisiana, and Tennessee. The size of each property allowed for management efficiency. The business plan was successfully implemented to increase rental income and reduce operating expense substantially over the years. Through careful refinance and disposition, this portfolio became solid asset for long term hold.

"Aspen" Shawnee Mission, KS - 306 Unit Apartment Complex
"Casa De Fuentes" Shawnee Mission, KS - 288 Unit Apartment Complex
"Cypress Pointe" Louisville, KY - 444 Unit Apartment Complex
"St. Germaine" Harvey, LA - 552 Unit Apartment Complex

Coolidge Keystone Portfolio-
With over 2500 units in 14 properties, this portfolio was strategically located in the high profile submarkets in Pennsylvania, Delaware, and Maryland. The transaction reflects Coolidge Equities’ exceptional ability to acquire large portfolios from off-market sources through its reputation and longstanding relationships in the investment community.

"Colonial Garden" Newark, DE - 137 Unit Apartment Complex
"Sweetbriar" Lancaster, PA - 143 Unit Apartment Complex
"Windsor Court" Lancaster, PA - 126 Unit Apartment Complex

Other Selected Holdings:

"Arbors" Memphis, TN - 420 Unit Apartment Complex
"Trinity" Cordova, TN - 540 Unit Apartment Complex
"The Preserve" Lawrenceville, GA - 418 Unit Apartment Complex
"Rosehill Pointe" Lenexa, KS - 498 Unit Apartment Complex
"Hastings Terraces" Hastings-on-Hudson, NY - 120 Unit Apartment Complex
38th St, New York, NY - 24 Unit Apartment Building
275 Broad Hollow Rd., Melville, NY - 126,861 SF Office
90 Merrick, East Meadow, NY - 251,261 SF Office
1985 Marcus Ave., Lake Success, NY - 314,264 SF Office