About
DH Property Holdings is a leading real estate development, investment and asset management firm focusing on complex industrial distribution warehouses in dense, urban-core areas. Founded in 2016 by Dov Hertz, the New York City-based company has unparalleled experience in the design, development and repositioning of urban infill logistics facilities nationally.
DHPH currently has over 6 million square feet, or over $2.5 billion, of Class-A urban warehouses complete or underway throughout the Northeast, including New York, Boston and Philadelphia. DHPH has been at the forefront of the industrial logistics trend since its founding and is now completing the first multi-story urban distribution warehouse on the east coast.
Capabilities
Investment
Deep, first-hand experience in real estate development enables DH Property Holdings to anticipate future market trends and successfully exploit investment opportunities.
DHPH identifies, evaluates and executes strategic acquisitions for development and redevelopment opportunities within the most competitive urban markets, mitigating risk while producing returns through value-add strategies. DHPH has successfully completed a range of investment strategies for family offices, pension funds and institutional investors. Decades of history in the real estate industry provides a powerful network of relationships with property owners, brokers and traditional and alternative lenders, enabling DHPH to secure capital at competitive terms.
Design & Development
DH Property Holdings’ industry-leading team of in-house design and development professionals identifies, evaluates and executes successful investments in challenging urban markets.
DHPH has a track record for developing visionary facilities that provide custom solutions to complex logistics challenges. DHPH manages complex construction projects with significant site constraints in challenging environments, achieving superior quality through thoughtful planning, design and execution.
Asset Management
DH Property Holdings professionals have decades of experience overseeing portfolios of existing properties and projects under development.
DHPH’s in-house team manages legal and compliance issues to ensure consistent and efficient operations with an eye toward tax-efficient structures, producing comprehensive internal and external financial reporting. The DHPH team uses its market expertise to develop strategies for marketing and leasing facilities to top national tenants. DHPH’s results are driven by extensive market research, first-hand market knowledge and close attention to detail, positioning properties for success.
Executive Team
Dov Hertz is responsible for the investment policies, daily management and strategic direction of the firm. Prior to founding DH Property Holdings, Dov was the Executive Vice President of Acquisitions of Asset Management at Extell Development Company. During his 13+ years at Extell, Dov negotiated and supervised the acquisitions of over $20 billion of New York real estate.
Dov was directly responsible for sourcing some of the most notable transactions over the last 10 years including The Ring Portfolio, One 57, Nordstrom Tower, and One Manhattan Square. Prior to joining Extell, Dov worked as a Commercial Broker at Eastern Consolidated and as a Senior Vice President at Everest Broadband Networks where he negotiated over 250 million square feet of access deals across the United States.
Aaron Malitzky joined DH Property Holdings at its founding in November 2016 as a Senior Associate. Prior to joining DHPH, Aaron worked at Meadow Partners, a private equity real estate firm in New York City.
During his time at Meadow, Aaron oversaw the asset management and development of approximately 1.5 million square feet with a value in excess of $1 billion of real estate in New York City. Prior to joining Meadow Partners, Aaron worked at Newmark Knight Frank. He holds a Master’s degree in Real Estate Finance from New York University and a Bachelors of Arts degree from Yeshiva University. Aaron was recently featured in Crain’s Rising Stars in Commercial Real Estate.
Michael Bennett, a former principal with Ware Malcomb architects, has designed, managed, and advised on over 100 million square feet of logistics and manufacturing space in the Northeast region, leading the creation of more multi-story, urban-infill distribution centers than any other architect in the nation.
Bennett has deep experience with land-use and planning studies and with complicated zoning and infrastructure challenges. His expertise in multi-story urban-infill projects provides a critical advantage as shrinking inventory, scarcity of industrial-zoned land and the growing need to provide more space closer to consumers dramatically increase the challenges to logistics warehouse projects. Bennett began his career as a designer at Ware Malcomb in 1997 after completing a University of Arizona architecture degree. He spent 24 years at the firm and served as head of the East Coast division. Bennett is a LEED-accredited designer and a National Council of Architectural Registration Board-certified professional.
Ariel Tambor joined DH Property Holdings in March 2020 as a director of acquisitions to help expand the firm’s portfolio outside of New York. Prior to joining DHPH, Ariel worked as a Senior Vice President at Hodges Ward Elliott (“HWE”), an investment sales firm focusing on multifamily, office, hotel, retail and land in New York City.
During his time at HWE, Ariel completed more than $2.0 billion of transactions throughout New York City. Prior to joining HWE, Ariel worked at Cushman & Wakefield. Ariel holds a Bachelor of Science from New York University Stern School of Business.
Yisroel Markowitz joined DH Property Holdings in 2022 as the Director of Finance. Yisroel oversees all aspects of financial reporting, accounting and cash management for DHPH and assists in the oversight of quarterly and ad-hoc investor reporting.
Yisroel (Yis) Markowitz started his career in the Real Estate Assurance Practice of PricewaterhouseCoopers. His clients included both public and private REITs, large institutional real estate investment funds, and real estate owners / developers. More recently, he worked as a Controller for SHVO Concepts LLC, a real estate luxury development and investment firm, where he oversaw all accounting, tax and finance matters for a portfolio of high profile ground up development projects, primarily luxury condos and hotels. Yis graduated from Touro College with a Bachelor of Science in Accounting and is a licensed CPA in the State of New York.