News

Phoenix Realty Group Expands Executive Team

NEW YORK (December 14, 2020) – Phoenix Realty Group (PRG), a 20+ year old national multifamily real estate owner, operator, fund manager and developer, is pleased to announce that Henry Gom, a seasoned real estate executive, has joined the firm as Managing Director and Principal.

Henry is responsible for PRG’s Central Region and select markets acquisitions, and asset management. In addition to his responsibilities, Henry is a member of the PRG Executive Team and Investment Committee.

“Even during the current market turbulence, there are incredible opportunities for growth,” emphasized Keith Rosenthal, president and CEO of Phoenix Realty Group. “the breadth of experience that Henry brings to this position will not only expand our acquisitions capabilities in a variety of US markets, it will solidify our national footprint by capturing assets that will drive our continued growth.”

Henry has over $10 billion of commercial real estate experience in multifamily, office and hotels. His multifamily experience spans over 35,000 units. Prior to joining PRG, Henry was a Senior Vice President at Torchlight Investors, Director at Annaly Capital Management, Citi and Merrill Lynch. Before his real estate finance career, Henry was an architect overseeing construction at Skidmore, Owings & Merrill. He is active in the Real Estate Alumni Community at Columbia Business School and member of the National Multifamily Housing Council.

In addition, PRG has promoted two long-tenured employees, Alex Saunders and Alan Hirmes, by welcoming them as Principals. Both were previously and will continue to be members of the Executive Team and Investment Committee. Alex leads the firm’s western region acquisition activities and was one of the original co-founders of the firm’s LA office in 2003. Alan is a Managing Director and the firm’s Chief Financial Officer. He joined PRG in 2007 and is responsible for the firm’s financial and accounting initiatives.

PRG’s executive team is also comprised of Keith Rosenthal, President and CEO, and Ron Orgel, Managing Director, Principal and Head of East Coast acquisitions. Keith and Ron are founding owners of PRG and are members of the Investment Committee.

PRG’s Executive Team has on average nearly 30 years of successful experience in multiple economic and real estate cycles and a track record of more than $12 billion of assets, over 1,000 properties and 130,000 multifamily rental units.

About Phoenix Realty Group

Phoenix Realty Group LLC (www.phoenixrg.com) is a 20+ year old firm focused on multifamily residential properties in high barriers-to-entry and infill markets. The firm is headquartered in New York with personnel in California and Florida. The firm has three business lines: value-add, new construction, and affordable housing. As of June 30, 2020, PRG has approximately $1.5 billion of gross real estate assets under management.