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Sterling Equities is a diversified, family-run group of companies based in Great Neck, New York whose portfolio consists primarily of holdings in real estate, sports, and media in the New York area. [ 1 ] [ 2 ] These include SportsNet New York , the New York Excelsior , Sterling Project Development, and a number of real estate investment ...
In 1990, Sterling expanded into commercial real estate lending. [4] In 1993, Sterling Savings and Loan was renamed Sterling Bank and Trust, FSB. [4] In 1995, the bank had $78 million in assets; [5] by 2015, Sterling had grown to $1.3 billion in assets with 18 branches in the San Francisco area and its headquarters in Southfield, Michigan. [4]
Seeking to minimize their tax obligations, they purchased real estate throughout the country that had favorable tax treatment [8] which turned out to be a boon since they were unknowingly buying property at the bottom of the market. [8] Sterling Equities was a significant investor in Bernie Madoff's fraudulent investment fund with 483 accounts. [9]
Minskoff was a member of the American Institute of Real Estate Appraisers; was a lecturer on real estate at New York University; served as director and vice chairman of Gemco National Inc., and as a director of both the Sterling National Bank and Trust Company and the Sterling Bancorp. [1]
The Sterling Plaza in Beverly Hills, California. In 1961, Sterling started his career as a divorce and personal injury attorney, building an independent practice.His biggest ventures were in real estate, which he began when he purchased a 26-unit apartment building in Beverly Hills.
Fisher has a doctorate in real estate from Ohio State University, an MBA from Wright State University and an undergraduate degree in Management from Purdue University. [citation needed] Fisher has held positions on the boards of directors for the National Council of Real Estate Investment Fiduciaries (NCREIF), the Real Estate Research Institute (RERI), and the Pension Real Estate Association ...