Itzhaki Acquisitions is a real estate investment firm led by Erez Itzhaki and Gil Boosidan. Founded in 2006 (as Keystone Group NY), the company invests in and builds residential and mixed-use buildings in New York City, focusing on creating value in prime neighborhoods.
Itzhaki Acquisitions has a seasoned management team with complementary skills and a full service team that executes all aspects of the investment cycle including underwriting, construction, and asset management. The company has acquired more than $500 million in real estate assets since inception.
Mr. Itzhaki has been a household name in New York City real estate circles for almost two decades. As both a principal and an intermediary he has executed transactions at a cost of more than $1 billion. His expertise and focus lies in the creative structuring of transactions including dividing buildings into respective components to increasing their yield and value, uncovering exceptional residential, retail, office and land opportunities, and sourcing off market deals. At the deal execution stage, Mr. Itzhaki also spearheads architectural and design, maximizing the investment performances. Mr. Itzhaki’s international relationships and deal making have enabled Itzhaki Acquisitions to exponentially increase its activity and presence across the New York City market. Mr. Itzhaki was named “One of Donald Trump’s 100 Top Real Estate Experts” and was quoted in Mr. Trump’s book, “The Best Real Estate Advice I Ever Received.”
Mr. Boosidan has been a principal investor in various real estate ventures in New York and Israel, totaling hundreds of million of dollars. Since 2010 when Mr. Boosidan partnered with Mr. Itzhaki to form Itzhaki Acquisitions, Mr. Boosidan has been spearheading the the firm's investment platform and works closely with leading developers and investors who invest in the New York market. Mr. Boosidan oversees all financial aspects of acquisition, development and management. The structures created with investors are creatively and intelligently formed to meet all parties’ goals and run the entire spectrum of risk. Mr. Boosidan has overseen the acquisition and investment of 18 real estate assets, comprising over $500MM in total capitalization, including raw land development sites, apartments, residential conversions, and retail. Previously, Mr. Boosidan headed the treasury department and the investment portfolio of IDT Corp (NYSE:IDT). He holds an MBA and BA in accounting from Tel Aviv University.