Cayuga Capital Management

Overview

Cayuga Capital Management is a privately owned real estate investment firm specializing in property development and management. Founded in 2004 by Jacob Sacks and James Wiseman, the firm is headquartered in Brooklyn, New York. It focuses on acquiring, developing, and managing real estate assets in rapidly improving neighborhoods, primarily in Brooklyn and Texas. The firm's portfolio includes residential and commercial properties, with over 350 apartment units and nearly 450,000 square feet of commercial space developed across Brooklyn. The firm's investment strategy involves repositioning and renovating undervalued properties to enhance their value and appeal. Notable projects include the redevelopment of a century-old warehouse into a 46,000-square-foot climbing facility, which was sold in 2023 for $43.3 million, setting a record for the highest price paid for a standalone climbing facility at the time. Additionally, Cayuga Capital transformed two factory buildings in Bushwick into a 10,000-square-foot retail center, introducing higher-end retail offerings to the area. Cayuga Capital Management's approach combines development, renovation, and long-term operations to contribute positively to the communities it serves. The firm's founders, Jacob Sacks and James Wiseman, bring extensive experience in real estate investment and development, having previously worked in investment banking, private equity, and law. Their combined expertise has enabled the firm to become a significant presence in Brooklyn's real estate landscape, with plans to expand further into Texas to capitalize on the region's population and economic growth.

Investment Focus

• High-quality management
• Sustainable competitive advantage
• FCF-generative businesses