News: Spotlight Content

2023 Ones to Watch Rising Stars: Shaun Houlihan, The Praedium Group

Shaun Houlihan
Vice President
The Praedium Group

Number of years at firm: 4

One thing on my bucket list: Play Pebble Beach.

When I am not working, I am: Exploring all of the restaurants that NYC has to offer.

What recent project, transaction or accomplishment are you most proud of? I am proud of my recent contribution to the acquisition of Versol, a 240-unit suburban multifamily property in Bonita Springs, FL (Naples MSA). Despite the volatility in the capital markets, we were able to successfully transact on the asset in December 2022 in a disrupted market. I helped facilitate the sourcing and due diligence for the transaction and following the purchase, serve as the asset manager for the property. I look forward to continuing to expand my skills in the acquisition industry. 

What makes this nominee a RISING STAR? 
“Shaun goes above and beyond to ensure that projects are completed successfully. He is an important asset to our team and helps with underwriting, due diligence, securing financing, and ensuring that each deal is executed seamlessly. His extensive experience, dedication, and contributions make him a rising star.” - Chris Hughes, Principal, Co-CIO at The Praedium Group

MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.