Katz Properties focuses on acquisitions in the Northeast and Mid-Atlantic regions, primarily focusing in and around major market places. Katz Properties invests in two types of property: "Stabilized" properties that are currently fully leased, which makes them immediate income producers; and "Added-Value" transactions: these are properties that require renovation and/or additional leasing. Daniel Katz, principal, founded Katz Properties in Boston in 2003 and has since relocated its headquarters to New York City and opened satellite offices in Philadelphia. Joining Daniel Katz, the managment team includes Daniel Kaufthal, principal; Eric Wolf, managing director- Philadelphia office; Michael Sokolow, In-House Counsel and Philip Katz, managing director, leasing and asset sanagement