Naftali Group names Hochfelder executive VP and head of acquisitions

David Hochfelder, The Naftali Group

New York, NY According to The Naftali Group, David Hochfelder has joined as executive vice president and director of acquisitions.

In his new post, Hochfelder, who was previously head of acquisitions at RFR Holding LLC, will be responsible for the sourcing, structuring and execution of the firm’s investments.

“We are delighted to welcome David to our company and look forward to building a strong team around him that will be able to seize the investment opportunities that I believe will soon open up in the New York marketplace for experienced and financially strong developers, “stated Miki Naftali, the founder and CEO of The Naftali Group.

“I am excited to be joining one of the city’s most active and highly respected residential and mixed-use developers and I look forward to both the challenges and opportunities ahead. We are extremely well positioned to execute upon a broad array of investments across the entire risk-return spectrum,” said Hochfelder. He replaces Victor Sigoura, the former chief investment officer of The Naftali Group, who left the company in June.

While at RFR, which he joined in 2011, Hochfelder was instrumental in executing more than $2.5 billion of property acquisitions and credit investments encompassing over 3.5 million square feet of assets across the office, residential, retail and hotel sectors.

Prior to RFR, Hochfelder was a financial analyst at the City Investment Fund, a real estate private equity fund, where he was responsible for underwriting and executing the funds acquisitions. He began his real estate career at The Lightstone Group, supporting the firm’s nationwide credit and property investments.

Hochfelder graduated cum laude from the University of Pennsylvania with a B.A. in Philosophy, and completed an MBA at Columbia Business School as well as an M.S. in Real Estate from New York University.

About The Naftali Group

The Naftali Group is one of New York’s most active real estate developers of residential, commercial, institutional, mixed-use and retail properties. Collaborating with leaders in interior design, architecture and construction, the company is committed to excellence in developing properties that are exceptional in their attention to detail, quality, sustainability and design.

Naftali Group currently owns, operates and is developing 14 residential properties in prime neighborhoods throughout New York City made up of more than 1,000 units and approximately 1,337,000 square feet. As a builder, owner and operator, Naftali Group’s portfolio includes 275 West 10th Street, 182 West 82nd Street, 210 West 77th Street, 221 West 77th Street, The Seymour at 261 West 25th Street, 234 East 23rd Street, The Arthur at 245 West 25th Street, The Landmark Park Slope, and other multifamily assets and investments throughout New York City.