Sterling Equities, Inc was founded by Fred Wilpon and Saul Katz as a vehicle to develop and invest in real estate. Sterling Equities has evolved over more than 35 years into a fully integrated real estate operating company focused on the preservation of capital and the creation of wealth. Since 1972 Sterling Equities and its affiliates have purchased or developed over 23.3 million SF of commercial property, 57,800 residential units, 8.7 million SF of retail property and three major sports complexes. Since 1991, Sterling has successfully launched and operated five value-added real estate funds, acquiring approximately 29,000 residential units, 9.2 million square feet of commercial space, and over $1 billion in distressed debt. In addition to its Real Estate interests, Sterling Equities has ownership interests in Major League Baseball (New York Mets), Media (SportsNet New York), Private Equity and Venture Capital.

American Securities, L.P. was founded in 1947 by William Rosenwald to invest and manage his share of his family’s Sears, Roebuck & Co. fortune. American Securities is the principal investment vehicle of the descendants of William Rosenwald and has been active in equity investing for more than 55 years. Currently, American Securities, L.P. manages over $3 billion of discretionary assets on behalf of wealthy families and institutions. American Securities L.P.’s broad investment experience is a strong complement to Sterling’s central real estate focus.