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PAG Investments is a privately-held real estate investment firm headquartered in New York City. PAG is focused on the acquisition, development, redevelopment, and management of retail, industrial, and office properties in the northeast and mid-Atlantic. PAG has an excellent track record in the ownership and management of real estate assets and seeks to create value for investors, partners, and the communities in which we work and live.

Gershon Alexander

Gershon Alexander

Principal

Gershon is the founder of PAG Investments and is responsible for overseeing the firm’s acquisitions and investors relations. Gershon has over 20 years of real estate experience and has purchased and managed more than 50 properties, primarily located in Northeast & New York metropolitan markets. Gershon’s traditional focus has been on ground up development and value-add transactions, and has the experience to navigate through complicated transactions that have significant leasing, environmental, and entitlement risk.

Geoffrey Adler

Principal

Geoff is a Principal at PAG Investments and is responsible for overseeing the firm’s operations and asset management. Geoff has 15 years of real estate investment experience and during the course of his career has been involved in over $1.5 billion of real estate transactions. Prior to PAG, he was a Managing Director at Crescendo Real Estate Partners, Senior Associate at Structure Tone Equities, and an Associate at ARC Global Partners. Geoff holds a BS in Finance from Pennsylvania State University, Smeal College of Business.

Geoffrey Adler
Geoffrey Adler

Geoffrey Adler

Principal

Geoff is a Principal at PAG Investments and is responsible for overseeing the firm’s operations and asset management. Geoff has 15 years of real estate investment experience and during the course of his career has been involved in over $1.5 billion of real estate transactions. Prior to PAG, he was a Managing Director at Crescendo Real Estate Partners, Senior Associate at Structure Tone Equities, and an Associate at ARC Global Partners. Geoff holds a BS in Finance from Pennsylvania State University, Smeal College of Business.

Dan Mandelbaum

Dan Mandelbaum

Board Advisor

Dan serves as a board advisor at PAG. During his 15 years in the industry Dan had the pleasure to serve in the real estate department of his family’s three chains of retail stores, and helped to establish MCP, a family office that manages a portfolio of retail properties throughout the tri-state area. Dan has served as General Partner and managed acquisitions of value add shopping centers and multi-family properties, and invests in ground-up multi-family projects in downtown central business districts. Dan is a graduate of the Columbia MS in Real Estate program.

Justin Miller

Managing Director

Justin is a Managing Director at PAG Investments and is responsible for asset management of the firm’s investments. Prior to PAG, was a Director of Portfolio Management at Brookfield Properties Retail, Manager at Brixmor, and an Associate at American Appraisal. Justin holds an MS in Real Estate Finance and Investment from the NYU Schack Institute of Real Estate, as well as a BA in Economics from Binghamton University.

Justin Miller
Justin Miller

Justin Miller

Managing Director

Justin is a Managing Director at PAG Investments and is responsible for asset management of the firm’s investments. Prior to PAG, was a Director of Portfolio Management at Brookfield Properties Retail, Manager at Brixmor, and an Associate at American Appraisal. Justin holds an MS in Real Estate Finance and Investment from the NYU Schack Institute of Real Estate, as well as a BA in Economics from Binghamton University.

Steven Heller

Steven Heller

Vice President

Steven is a Vice President at PAG Investments and is responsible for acquisition underwriting, due diligence and asset management of the firm’s investments. Prior to PAG, Steven was an Analyst at Sun Equity Partners, Associate at MLK Real Estate Capital, and an Analyst at RegentAtlantic. Steven holds an MS in Real Estate Finance and Investment from the NYU Schack Institute of Real Estate, as well as an MS in Financial Planning and BS in Finance from Bentley University.