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Tryko Partners

| February 12, 2017 | 0 Comments

Tryko Partners is a private equity investment group based in Brick, N.J. The organization invests in multifamily properties, healthcare facilities and service entities, and tax liens along the Eastern Seaboard and in the Midwest. Tryko, which focuses on establishing successful, long-term partnerships with both individual and institutional investors, maintains a current portfolio of more than 7,200 multifamily units, 2,000 skilled nursing beds (including several in U.S. News and World Report five-star rated facilities) and tax liens in excess of $80 million. Commercial Property Executive named the firm among its Top Property Managers (2014-2015); Affordable Housing Finance recognized the firm among the nation’s top 10 companies for completing rehabilitations (2012-2015), and among the top 10 for completing acquisitions (2012-2014); and Multifamily Executive named Tryko among the nation’s “Top 25 Renovators” (2013-2014).

News Releases

Fact Sheet

FACTS 2017: Tryko Partners, LLC
575 Route 70, Brick, New Jersey, 08723
http://www.tryko.com

Media Contact: Sandy Crisafulli/ (201) 796-7788 / sandy@caryl.com

Overview

Tryko Partners, LLC is a private equity investment group based in Brick, N.J. The organization purchases multifamily properties, healthcare facilities and service entities, and tax liens along the Eastern Seaboard and in the Midwest. Tryko maintains an outstanding reputation as an operator, developer and property manager.

History and Recognition

Founded in 1989, Tryko Partners has established successful, long-term partnerships with both individual and institutional investors, as well as a wide network of relationships with financing entities.

An aggressive expansion strategy during the past several years has resulted in significant portfolio growth. Today Tryko owns more than 7,200 residential units, including more than 4,425 affordable housing units and multiple age-restricted properties. Reflecting its progress Commercial Property Executive named the firm among its Top Property Managers (2014-2015); Affordable Housing Finance recognized the firm among the nation’s top 10 companies for completing rehabilitations (2012-2015), and among the top 10 for completing acquisitions (2012-2014); and Multifamily Executive named Tryko among the nation’s “Top 25 Renovators” (2013-2014).

Tryko is involved in more than 2,000 skilled nursing beds through Marquis Health Services, its in-house healthcare division. During the past three years, the firm has renewed its emphasis on healthcare investment opportunities. Its properties consistently receive five-star ratings in U.S. News and World Report’s “Best Nursing Homes” feature. The five-star distinction recognizes excellence in three categories: state-conducted health inspections, nursing and physical therapy staffing, and quality medical care.

Tryko also maintains an $80 million tax lien portfolio and more than 750 acres of developable land.

Philosophy

Tryko Partners has grown its real estate and healthcare portfolios by identifying recovering markets and maximizing investor returns through diligent acquisitions, hands-on management and value-added capital improvements. While some REITs and larger funds might shy away from value-add opportunities in today’s market, Tryko Partners looks at properties that require more than cosmetic improvements. As an aggressive operator, the firm focuses on making its assets operate efficiently, and works hard to position and market them effectively.

Tryko also strives to create a sense of community at its properties. As part of its Neighborhood Pride Program, the firm implements a full range of beautification programs at its multifamily assets. Tryko assists residents in any capacity possible, and the company has had great success in working with neighborhood leaders and community organizations that help residents who need it. In short, this approach reflects Tryko’s belief that, in order to preserve housing for the long term, it is necessary to invest in and support residents and the larger community. Similarly, at its skilled nursing facilities Tryko looks to create a warm living and working environment, and provide innovative rehabilitation and clinical programs that bridge any healthcare gaps in the larger community.

Portfolio Highlights – please visit the Investments page on the Tryko website.

Leadership

Yitzchok Rokowsky, chief executive officer, specializes in financial management, transaction analysis and acquisition strategy for real estate investments and developments spanning all property types.

Yonah Kohn, president, is well known for maximizing property value through rapid turnarounds and achieving above-average occupancy rates. His family’s involvement in the nursing home sector spans three decades.

Uri Kahanow, director of acquisitions, leads Tryko Partners’ property acquisition and disposition strategy, from deal selection and due diligence, through negotiating and closing even the most complex transactions.

Chad Buchanan, chief investment officer, manages the firm’s lending and investment relationships. He holds responsibility for underwriting and structuring individual transactions, as well as overall financial portfolio management.

Norman Rokeach, director of operations for Marquis Health Services, Tryko’s in-house healthcare division, administers the firm’s skilled nursing portfolio with a focus on top-level care and customer service.

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Events

Website: www.tryko.com

Category: Tryko Partners

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