David Hochfelder, director of acquisitions, The Naftali Group

NEW YORK CITY—Former RFR Holding executive David Hochfelder has joined real estate development firm The Naftali Group as an EVP and director of acquisitions.

Hochfelder, who previously was head of acquisitions for New York City-based RFR Holding, is now responsible for the sourcing, structuring and execution of The Naftali Group's investments.

“We are delighted to welcome David to our company and look forward to building a strong team around him that will be able to seize the investment opportunities that I believe will soon open up in the New York marketplace for experienced and financially strong developers, “ says Miki Naftali, founder and CEO of The Naftali Group.

The hiring of Hochfelder helps fill the void of the departures in June of Naftali Group acquisition executives Victor Siguora and Drew Popkin. They left the firm to strike out on their own, forming Highpoint Property Group.

Hochfelder joined RFR Holding in 2011 and since then was instrumental in executing more than $2.5 billion of property acquisitions and credit investments involving more than 3.5 million square feet of assets across the office, residential, retail and hotel sectors.

Previously, Hochfelder was a financial analyst at the City Investment Fund, a real estate private equity fund, where he was responsible for underwriting and executing the funds acquisitions. He began his real estate career at The Lightstone Group, supporting the firm's nationwide credit and property investments.

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NEW YORK CITY—Former RFR Holding executive David Hochfelder has joined real estate development firm The Naftali Group as an EVP and director of acquisitions.

Hochfelder, who previously was head of acquisitions for New York City-based RFR Holding, is now responsible for the sourcing, structuring and execution of The Naftali Group's investments.

Join ALM Real Estate Media on October 5th at RealShare NEW YORK, a who's who of expert analysis and insights on the New York market. Click here for more details.

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