ALLIED PARTNERS is a privately held real estate investment, development and asset management company founded in 1993 by Eric Hadar, Chairman and CEO. The Company specializes in finding highly creative solutions to unique assets which have consistently produced returns well in excess of the overall market.
Chairman & CEO
Eric Hadar is a business leader, investor, and philanthropist. In 1993 he founded Allied Partners, a privately-held real estate investment company headquartered in NYC, with offices in Miami.
Eric is well known for unique investments where he applies highly creative strategies to solving complex challenges, adding value in all market environments. Allied has consistently produced positive returns while prioritizing downside protection over risk, an approach that has consistently generated returns well in excess of the overall market.
Focusing on opportunistic acquisitions across all property types, Allied’s complex transactions -which would generally not appeal to large institutional real estate investment funds- have proved successful.
The company’s direct investment portfolio includes office, retail, hotel and residential; it also acts as lender to affiliated and unaffiliated parties. Furthermore, Allied owns a substantial roster of service companies providing brokerage, management, and insurance services.
Some of its most notable investments include the purchase of Citigroup Center, 1 East 57th St., as well as the redevelopment of 285 Lafayette St. in NYC, and more recently, The Savoy hotel in Miami, to name a few.
In total, Allied has acquired more than 30 commercial, retail, hotel and residential properties and originated over 100 private mortgages with a total transaction value of $3 billion. Additionally, the group acquired Terra Rose Management (which operates some of NYC’s most high-end residences) and is co-owner of Terra Holdings, the parent company of Brown Harris Stevens and Halstead Property, with over two-thousand residential sales agents and approximately 500-managed buildings.
Since 2001, Eric also has served as a member of the Board of Governors of REBNY. He has taught, lectured and authored real estate case studies for Columbia Business School’s Real Estate Department and is a frequent industry panelist.
An active philanthropist, Eric has been a generous supporter of numerous cultural and charitable institutions throughout the USA with an emphasis on supporting inner-city children and substance abuse recovery. In 2017, Eric formed the Eric D. Hadar Family Foundation, dedicated to research in the field of substance abuse treatment and prevention. Through a recent $2 million donation to the Division of Substance Abuse at the Columbia University College of Physicians and Surgeons, the foundation is supporting promising research in alternative solutions to the epidemic.
For over ten years, Eric has hosted Mount Kisco Child Care Center’s annual fundraising gala, Feed Me Fresh, at his Bedford Corner’s farm. He is also a past recipient of the Starlight Foundation’s “Man of the Year” award for his charitable efforts.
He serves as Board Member and Trustee at the Samaritan Foundation, an endeavor with 48 facilities within New York to assist more than 35,000 individuals. Eric has recently made a substantial contribution to the project.
Eric is a prior recipient of the prestigious Crain’s New York and Real Estate New York’s “40 under 40” awards, and he recently partnered with the USTA Foundation and the New York Junior Tennis League (NYJTL). The Cary Leeds Center for Tennis & Learning is the flagship home of New York Junior Tennis & Learning, the largest youth tennis and education nonprofit in the nation. NYJTL provides 3 million hours of year-round programs for more than 4,000 under-resourced youth annually.
Born in Orange, NJ and raised in NYC, Hadar received his bachelor’s degree with highest honors from Hobart College in 1986 and earned an MBA from Columbia Business School in 1989. After graduation and prior to founding Allied Partners, Eric worked for Sonnenblick-Goldman Company in NYC, a national real estate investment bank.
Mr. Shaver has over 25 years of experience in real estate development, construction and operations over several real estate classes. Mr. Shaver has held senior management positions including Executive Vice President and Chief Financial Officer, Corporate Controller, and Director of Real Estate Development. Before joining Allied Partners he had been with Swig Equities LLC and Helmsley Spear for the past 10 years. Prior to that Mr. Shaver worked with Yucaipa Companies, Birches Associates, Citizens Telecommunications, Homes for America Holdings. Davis/RFR Development and Kenneth Leventhal Company (a National Public Accounting Firm specializing in Real Estate).
Mr. Shaver graduated with Honors from The Ohio State University with a Bachelor of Business Administration degree with a major in Accounting. He lives in Darien, CT with his wife and youngest daughter, and he also has three adult children and 3 grandchildren.
Chief Operating Officer
Howard rejoined Allied in January, 2016. For the previous 10 years he was the Director of Asset Management at L&L Holding Company overseeing a 6 million square foot portfolio of major New York City office buildings. Prior to joining L&L Howard served as COO for Allied Partners responsible for the profitability of a property and loan portfolio encompassing more than 20 properties and valued at more than $1.8 billion.
His almost three decade real estate career also includes a position at West World Holding, a real estate investment trust, where his responsibilities included acquisitions, asset management and property management.
He holds a BS in Finance from Boston University and an MS in Real Estate Investment and Development from New York University.
Chief Financial Officer
Renee Regensberg rejoined Allied Partners in 2010. Previously she served as CFO for Sitt Asset Management, a family–owned real estate investment firm with a portfolio valued over $400M. Prior to her position at Sitt Asset, Renee was a CFO at Broadway Real Estate Services, the management arm of Broadway Partners, a real estate and management firm with asset acquisitions in excess of $15 billion.
She also previously served as Controller at Allied Partners and as Accounting Director at New Plan Excel Realty Trust, one of the nation’s largest publicly traded REITs. With over 20 years experience in real estate she has a wide knowledge and understanding of the industry. Renee holds a BA in Accounting and Information Systems from Queens College.
Loredana Longardo is Assistant Controller and is responsible for the oversight of the daily corporate and bookkeeping activities of Allied.
She has worked in the field of public accounting for several years with work experience in all phases of accounting. Loredana is a graduate of Brooklyn College with a Bachelor’s degree in Business, Finance and Management.
Director of Commercial Leasing
Bonnie joined Allied Partners as a highly experienced real estate professional with over 15 years experience in commercial leasing. She is responsible for in-house leasing for Allied’s office buildings.
Currently, her major responsibility is the on-site leasing of 568 Broadway, a 300,000 square foot office and retail building in the highly valuable Soho district of Manhattan. Bonnie has successfully negotiated and signed in excess of 55 leases at 568 Broadway following Allied’s highly successful re-development and repositioning of the property. Her leasing efforts have helped Allied in concluding the successful repositioning of the property into Soho’s finest office/retail building. Bonnie graduated with a Bachelors Degree from the University of California at Los Angeles.
Michael J. Core
Senior Facilities Director
Michael joined Allied Partners in 2011 as their Senior Facilities Director. Michael has more than 25 years experience in real estate in both the public and private sectors, covering every aspect of the industry including new site selections and development, project funding, sales and leasing, and management.
He is responsible for the daily operations of all the buildings managed by Allied Partners. This includes working alongside the architects, engineers, and contractors to develop scopes of work, supervising the work being performed, and then processing and monitoring the payments to the contractors. Previously, he served as the Regional Property Manager for Wilshire Enterprises, a publicly traded REIT company with properties throughout the country. Michael holds a Bachelor’s degree in Business Administration from the University of Miami in Florida with a focus on International Finance and Real Estate Finance.