the Olive Tree team

Ian Bel

Michael Rosenfeld

Yuriy Berdichevsky

Fess Wofse

Stephanie Rothman

Alan Shvetz

Cathy Cao

Akshay Gandhi

David Poretz

Andrew Schramm

Katerina Shchipakina

Ian Bel

Managing Member

Ian is the Managing Member at Olive Tree Holdings LLC and Olive Tree Property Management LLC. He is also a member of the firm’s Investment Committee.

Prior to forming Olive Tree, Ian was a principal at One Wall Partners. At One Wall Partners, Ian spearheaded the partnership’s acquisitions and capital raising. During Ian’s tenure, the firm grew to own and manage over 1,000 multi-family apartment units, valued in excess of $50 million, and successfully completed over 130,000 square feet of redevelopment.  

Prior to joining One Wall Partners, Ian was an associate at Duval and Stachenfeld, one of the leading real estate law firms in the world. Prior to Duval and Stachenfeld, Ian was an associate at Intersection Partners, LLC, a private investment firm based in Westport, Connecticut. At Intersection, Ian focused on developing highly scalable strategies for aggressive growth industries including health care, renewable energy, education and infrastructure. Before Intersection, Ian was an associate with the Pyramid Investment Properties Group, the investment sales arm of the leading commercial real estate brokerage in upstate New York and an affiliate member of Cushman and Wakefield.

In addition to his professional responsibilities, Ian is a co-founder and board member for Pay Away The Layaway, a nationally recognized non-profit corporation committed to serving low income families across the United States.

Ian holds the CCIM designation and earned his JD from the Hofstra School of Law and BA and MBA from Binghamton University.

Michael Rosenfeld

Principal

Michael is a Principal at Olive Tree Holdings LLC and Olive Tree Property Management LLC. He is also a member of the firm’s Investment Committee.

Michael is an investment professional with over a decade of experience in commercial real estate, private equity, and early stage venture capital investing. He has a proven track record in sourcing, analyzing, and managing deals through the investment life cycle.

Previously, Michael worked for 11 years as the Chief of Staff to the Founder/Chairman of a private family investment firm with a $360 million commercial real estate portfolio comprised of over 1.5 million square feet from New York to Miami Beach. The diverse real estate portfolio included office and industrial assets, multifamily communities, single family homes, parking garages, and restaurants. During Michael’s tenure, the real estate portfolio generated over $26 million annually in rental revenue and $15.5 million in free cash flow. In total, Michael successfully completed $157 million in real estate transactions including acquisitions, debt refinancing, and dispositions.

In September 2018, Michael was elected to the Board of Directors of IEH Corporation (OTC: IEHC), the largest independent manufacturer of hyperboloid circuit board connectors in the US. In business since 1941, IEH serves the aerospace and defense, oil and gas, medical and industrial markets with customers in the United States, Canada, European Union, Asia and the Middle East. At the annual shareholder meeting in November 2018, Michael became the only Director nominated to serve on the firm’s Audit and Compensation Committees.

Michael earned his BA from Emory University and graduated with his MBA in Corporate Finance from the NYU Stern School of Business.

Yuriy Berdichevsky

Principal

Yuriy is a Principal at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC. He is also a member of the firm’s Investment Committee.

Yuriy brings extensive institutional capital markets experience to Olive Tree’s leadership. Previous to Olive Tree, Yuriy spent three and a half years at Citadel Investment Group, one of the world’s top hedge funds. At Citadel, Yuriy was a tenured investment professional in one of the firm’s equity businesses where he had P&L responsibility for a $300 million portfolio focused on home building, building products and construction materials sectors.

Prior to Citadel, Yuriy spent six years at GLG Partners, managing risk and conducting extensive due diligence. Prior to GLG Partners, Yuriy began his career as an investment banker at Lazard in its M&A group in New York.

Yuriy graduated from Duke University with a BA in Economics.

Fess Wofse

CFO

Fess is the Chief Financial Officer at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

Fess Wofse joined Olive Tree in February 2019 as its Chief Financial Officer.  Fess oversees the financial accounting and asset management teams, which are responsible for corporate and property accounting, investor reporting (both financial and tax), performance reporting, and collaborating with the company’s property management teams on operational initiatives.  Fess also focuses on investment and tax structuring, due diligence and other strategic initiatives and is responsible for creating and implementing accounting, reporting and cash management policies and procedures.

Prior to joining Olive Tree, Fess was the CFO at Thor Equities and prior to that he was the CFO for the real estate group at Apollo Global Management.  Previously, Fess was the Director of Finance for Citi Property Investors and was a Senior Manager in the assurance practice at PricewaterhouseCoopers specializing in real estate.  Fess has significant real estate portfolio and corporate M&A transaction and management experience.

Fess holds an MBA with a concentration in Finance from Columbia University and a BS in Accounting from Binghamton University.  He has been an active member of NCREIF and NAREIT and has worked on several committees to address emerging accounting issues as they relate to real estate companies and managers.  Fess is a CPA and a member of both the American Institute of Certified Public Accountants and New York State Society of Certified Public Accountants.

Stephanie Rothman

General Counsel

Stephanie is the General Counsel at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

As General Counsel, Stephanie is responsible for all legal matters for the company and also oversees transactional activities and implements corporate policy initiatives. Prior to joining Olive Tree, Stephanie was an associate in the real estate department at Skadden, Arps, Slate, Meagher & Flom LLP, and prior to that, at Duval & Stachenfeld LLP. At Skadden and Duval, Stephanie handled a range of real estate transactions, including acquisitions and sales, joint ventures, leasing and financing for clients all across the capital stack, involving property both in the U.S. and abroad in Europe and Asia.

Stephanie is admitted to the bar in both New York and New Jersey. She earned her JD from Brooklyn Law School and BA from Bucknell University.

Alan Shvetz

Principal

Alan is a Principal at Olive Tree Holdings LLC and Olive Tree Property Management LLC. He is also a member of the firm’s Investment Committee.

Alan is an experienced real estate investor, owner and operator with a focus on multifamily properties in the New York Tri-State area. Alan and his family are multigenerational owners and operators, with a successful track record of international commercial and residential property ownership spanning from New York to Hong Kong and Taipei, Taiwan. Alan owns a portfolio of commercial properties in the Bronx, Yonkers, and White Plains.

Alan brings a wealth of first-hand experience and knowledge in the real estate debt markets, including senior loans, bridge lending, second lien mortgages, and mezzanine financing. He has an expansive network of real estate debt originators across the country and will bring select investment opportunities to Olive Tree’s valued partners.

Cathy Cao

Digital Marketing

Cathy is the Director of Digital Marketing at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

Cathy brings her depth of experience developing marketing technology stacks and executing strategic, data driven, digital marketing campaigns to Olive Tree. Prior to joining Olive Tree, Cathy led the digital marketing and growth efforts at Meridian Capital Growth, and prior to that, Cathy was the first marketer at the real estate technology unicorn: Compass. At Compass, she was integral in building the marketing platform for their Real Estate agents and scaling the offerings from 60 to 3000 agents over 4 years.

Cathy graduated from University of Michigan with a BA in Arts and Ideas. She is also an instructor for Digital Marketing at General Assembly.

Akshay Gandhi

Senior Associate

Akshay is a Senior Associate at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

Akshay is responsible for the analysis, underwriting and assessment of various acquisition opportunities and capital structures. In addition to creating and maintaining various asset and portfolio models, Akshay is also focused on transaction due diligence, market research and performance reporting.3

Prior to Olive Tree, Akshay worked at Ackman-Ziff where he worked on institutional debt and equity transactions across various asset classes and geographies. Akshay also has prior experience working with sponsors such as The Sapir Organization and ABR-Alchemy Investment Partners.

Akshay earned his BBA in Finance and International Business from The George Washington University School of Business and graduated with his MS in Real Estate Finance from New York University’s Schack Institute of Real Estate. He is currently a member of The George Washington University’s Young Leaders in Real Estate group and serves as a mentor in the university’s Real Estate and Finance Alliance (REFA) mentorship program.

David Poretz

Associate

David is an Associate at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

David is responsible for optimizing the management of Olive Tree’s portfolio by utilizing best-in-class technology solutions to reduce costs and maximize the efficiency of leasing, billing and collections, and vendor management. In addition, David is a liaison to Olive Tree’s Property Management firms, and shares best practices in capital improvements, maintenance, and tenant occupancy to maximize asset performance.

Prior to Olive Tree, David was the Operating Efficiency Specialist at Fortress Development Group and effectively reduced operating expenses in over 30 properties, while increasing revenue via his lead generation strategies and financial modeling. David draws from his breadth of experience in Operations, Tax and Utilities Consulting, and Market Research for his role at Olive Tree.

David is a graduate of Binghamton University with a BS in Accounting.

Andrew Schramm

Analyst

Andrew is an Analyst at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

Andrew is responsible for analyzing and performing due diligence on acquisition opportunities, tracking and reporting asset performance across the portfolio, and conducting market research.

Prior to Olive Tree, Andrew worked in Morgan Stanley’s Commercial Real Estate Finance (CREF) group where he helped develop and implement a new balance sheet lending platform by leveraging Morgan Stanley’s existing high-net worth client network. During his tenure at Morgan Stanley, he focused on sourcing, analyzing and performing due diligence on real estate lending opportunities across all asset classes and geographies. Prior to Morgan Stanley, Andrew worked at Marcus & Millichap in the Capital Markets group and specialized in multifamily loan originations.

Andrew is a graduate of the University of Wisconsin-Madison with a BS in Economics.

Katerina Shchipakina

Executive Assistant

Katerina is the Executive Assistant at Olive Tree Property Holdings LLC and Olive Tree Property Management LLC.

Katerina supports Olive Tree’s leaders, maintains the office, and contributes to the efficiency of the company.

Katerina brings over 10 years of executive and administrative assistance experience from top organizations across a number of industries, such as finance and economic management consulting. Katerina has worked at Geller & Company, supporting its tax team as well as Cornerstone Research supporting its consulting teams and experts in commercial litigation and regulatory proceedings cases.

Katerina graduated from LIM College with a BBA in Fashion Merchandising and has a diploma in Advanced Project Management from NYU. Katerina has her CAPM® and is also a Notary Public in New York.