Ridgewood Real Estate Partners is a national residential real estate developer, investor, and advisor specializing in land. Ridgewood has acquired, developed, and sold residential and mixed-use developments throughout the United States.
Ridgewood was formed in 2008 to take advantage of the housing recovery. In mid-2009, Ridgewood started acquiring a series of land holdings with an institutional investor as the sole investor in a portfolio totaling over $140 million. This land portfolio included 9 transactions totaling more than 8,600 lots.
In an effort to grow the portfolio, Ridgewood recognized an opportunity in acquiring well located golf courses around the country. Ridgewood’s strategy of operating the golf courses with professional management companies while processing entitlements has proven successful, with the acquisition of 2 golf courses to date.
In 2014, Ridgewood was approached by a large national investor to advise them on the acquisition, entitlement and development of a large master plan community. This relationship led Ridgewood to start an Advisory Service business, to compliment our acquisition strategy, by offering our expertise to land owners or investors to maximize the value of their property by managing the entitlement, development and disposition process.
Having developed strong relationships with land and golf course owners, operators, brokers, consultants, and attorneys, Ridgewood continues to seek opportunities nationally.
Jonathan Grebow formed Ridgewood Real Estate Partners in 2008 in anticipation of a national housing recovery. Mr. Grebow oversees all of Ridgewood’s acquisitions and dispositions. His long standing relationships with builders, brokers, and financial institutions as well as his knowledge of numerous markets throughout the country has afforded Ridgewood the opportunity to access a large deal flow and off market transactions. Mr. Grebow has also been responsible for all of the company’s private equity and institutional relationships. Over the last five years Mr. Grebow has also been interviewed by the Wall Street Journal, Orlando Sentinel, Real Estate Forum and other publications. Throughout his career Mr. Grebow has personally led the acquisition and development of over $500 million of residential land transactions.
Prior to forming Ridgewood, Mr. Grebow was the President of The Atlantic Companies overseeing acquisitions, operations and sale of all residential properties. Mr. Grebow also spearheaded the Companies’ structured lot payment and joint venture programs which was exclusively limited to the nation’s top four hundred builders in 7 national markets. Mr. Grebow joined The Atlantic Companies in 2001 and served as an acquisition and land approval specialist in the New Jersey and Pennsylvania residential market unit his promotion to President in 2004.
Before joining The Atlantic Companies, Mr. Grebow worked for MRW Capital, a private equity firm based in Alexandria, Virginia and was an assistant to MRW’s sole shareholder, The Honorable Mark R. Warner, the former Governor and current United States Senator from the Commonwealth of Virginia.
He holds a BA in Public Policy from The George Washington University and is a member of the Urban Land Institute.
Mr. Owings has over 15 years of experience in the Land Development industry as a Consulting Engineer, Land Planner, Site Manager, and Engineer for State Agencies. Mr. Owings has an extensive technical and management background in the elements necessary to bring a land development vision from concept, through approval process and into the construction stages. As a Licensed Professional Engineer and Professional Planner, his experience has qualified him as an expert in managing development projects from multi-million dollar single family residential developments. To commercial properties
During his employment at a Consulting Engineering firm, Mr. Owings was responsible for the design, management and supervision of a wide range of Civil/Site Engineering projects. He is fully versed in the standards and design practices of the multitude of review agencies having jurisdiction over Land Development projects. His clients have enjoyed the benefit of his expert Professional Engineering testimony before Planning Boards, Zoning Boards and public agencies. He has provided Construction Inspection services on projects ranging from residential septic systems to roadway construction to the construction of Corporate Centers, Retail Centers and Hospital Facilities. His experience has allowed him to become involved with all aspects of site planning and engineering including the approval and permitting processes at the local, county and state levels.
Mr. Owings is a member of the New Jersey Society of Professional Engineers, the National Society of Professional Engineers. He holds a Bachelors of Science Degree in Civil Engineering from Rutgers University, and is a licensed Professional Engineer in the states of New Jersey and Pennsylvania. He is also a licensed Professional Planner in the state of New Jersey.
Michael Plotnick is the Vice President in charge of land acquisitions and asset management at Ridgewood Real Estate Partners. Since the inception of Ridgewood Real Estate Partners in 2008, Michael has played a key role in the acquisition of more than 7,000 residential lots and 50 homes in Florida, Nevada, and Arizona. Mr. Plotnick is involved in identifying all of Ridgewood’s acquisitions. He is also responsible for all financial analysis and institutional reporting. In addition, he is responsible for building many of the financial models the company utilizes for acquisition, development, and land banking transactions.
Prior to the formation of Ridgewood, Michael was an analyst and later the Director of Acquisitions for The Atlantic Companies, where he played a key role in the company’s land acquisitions as well as its structured lot option program and land banking program with many of the nation’s largest builders.
Throughout his career Michael has been integrally involved in the acquisition of more than $300 million of residential and mixed use real estate transactions.
Before joining The Atlantic Companies, Mr. Plotnick worked as a consultant for Marketing and Planning Systems, a leading marketing consulting firm based in Waltham, Massachusetts. His clients included Heineken, American Express, and Coca Cola, in addition to numerous other Fortune 100 Brands. Prior to that, Mr. Plotnick worked at Fidelity Investments, serving as a fund analyst for the company’s Canadian Mutual Funds division.
He holds a BBA in Finance from The George Washington University.
Ralph H. Grebow has over 40 years of experience in real estate and financial services matters. Currently, he is a strategic advisor to Ridgewood Real Estate Partners.
Mr. Grebow is recognized as an industry expert and is often asked to speak at real estate panels, including JP Morgan’s Annual Private Builder/Private Equity conference, the annual Hanley Builder conference, IMN Distressed Real Estate Conference.
Mr. Grebow served as the founder and CEO of The Atlantic Companies. The Atlantic Companies was formed in 1994 in order to take advantage of his 25 years experience as an attorney representing land developers and homebuilders. Mr. Grebow grew The Atlantic Companies from a local developer into a multi-million dollar national company, providing land development and land banking to both public and private builders.
Mr. Grebow was previously the founder and senior partner of a major New Jersey law firm. Mr. Grebow began his career as an associate for one of New Jersey’s largest law firms, Riker, Danzig, Scherer, Hyland and Perretti. Thereafter, he became Assistant Trial Attorney for the Essex County Prosecutor’s office. He is admitted to both the New Jersey and New York Bars.
During his legal career, Mr. Grebow has represented a large number of real estate developers, builders, community and money center banks and mortgage lenders. He has represented and had equity relationships with some of the largest dominant private residential, multi-family and/or commercial developers. During his legal career, he also participated in numerous private residential land transactions.
In 1995, Mr. Grebow retired from the practice of law to devote himself totally to the real estate business and since that time he has been involved in numerous residential land transactions.
Mr. Grebow holds a B.A. and J.D. degree from The George Washington University.