Adam Hochfelder Biography

Adam Hochfelder is the current Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality. As the managing director of Real Estate Acquisitions & Development, he was responsible for the Merchants Hospitality’s acquisition of the Global Hospitality & Restaurant Brand, Philippe Chow located in NYC and East Hampton.

Before joining Merchants Hospitality Adam Hochfelder was one of NY's most powerful executives, with a commercial real-estate portfolio of seven million square feet, and shaping the real estate market. Known as the real estate industry "wunderkind", Mr. Hochfelder was one of the youngest people ever chosen to serve on the Real Estate Board of New York.

Adam was born 1971 in Old Westbury, New York and was raised in a modest upbringing. He strived to achieve great things ever since he was a child. After finishing high school he enrolled at Wharton School of Business at the University of Pennsylvania. Eager to achieve great things, Adam Hochfelder got his first job before obtaining his university degree. It was an internship position at a renewed real-estate company that helped him build his professional career. After he equipped himself with knowledge and experience, Adam took a risk and decided to start his own company.

In 1996 Max Capital was founded and led by him to quickly become one of New York’s most popular real estate companies. Soon, Adam Hochfelder earned a reputation as a real estate star executive with amazing achievements and bright future ahead of him. Before the age of 30, Adam Hochfelder was able to get appointed at the Real Estate Board of New York and to join the NYC’s Economic Development Committee, invited by no other than Mayor Michael Bloomberg himself.
As a real estate executive, Mr. Hochfelder has funded the development of several organizations and has received numerous awards and recognition for his philanthropic work.

Comments

The After Effects of Real Property Acquisition and Development

The typical acquisition is a fairly short process, where normally the parties involved walk away after closing. But sometimes the effects of an acquisition stay longer and linger on the buyer. After a deal has been made, the buyer owns the property and has to live with its flaws, while the seller can have some exposure to liability for non-disclosure, environmental contamination, etc. Satisfying the parties’ reasonable expectations in these areas is a major part of the negotiation that purchase agreements include. During the past couple of years, the general outlook on real estate acquisitions has shifted from a traditional point of view. Due to that, more and more often, we see potential buyers seeking guidance from real estate experts. Adam Hochfelder currently serves as the Consultant of Real Estate Acquisitions & Development at Merchants Hospitality, but prior to that, he was one of America’s most famous real estate executives. Now he uses his industry knowledge and experie...

Real Estate Taxes in New York

In the last three years in New York State, almost three billion dollars were collected from real estate taxes. So, in 2015, were collected 828.6 million dollars, which means 13 percent less than in 2014, when from real estate taxes 950.7 million dollars were collected. Also, that is 27 percent less than in 2013, when 1.13 billion dollars were collected. These data were the basic reason for Adam Hochfelder to reduce the taxes on real estates. Helen Keit - a licensed real estate broker, says that reducing the taxes by 2 percent will considerably increase the turnover. Mr. Hochfelder explains that it is the total amount of money collected on taxes, including sale and purchase, inheritance, maintenance and all other types of real estate turnover. Known as the "Wharton Whiz Kid" for his fast rise to fame, Adam Hochfelder has the ability to leverage exclusive deals, fearlessness towards risk and endless ambition. All this helped him generate multimillion-dollar deals as well...

Hochfelder recommends that you research before you invest

Real estate is a business and like any other, it also requires that you plan, analyze, negotiate and manage. If it’s not producing a profit, your business won’t stay in business for very long. Adam Hochfelder has been in the real estate industry for over three decades. As he explains, this business demands a certain level of commitment. But unlike many other businesses, real estate allows you to control your working hours and set your own schedule. The important thing is to set the goals that you want to achieve, and then work to make that happen. Setting clear and specific investment goals will pave the way toward becoming financially independent. In real estate, objectivity is very important. As human beings, we have the tendency to either like or dislike a certain property. But if you are in the investment business this can be a big financial mistake. That’s why objectivity is the key to success as an investor. Knowledge is the other tool that can save you from sure failure. ...

Adam Hochfelder

Search This Blog