Cayuga Capital Management LLC (“CCM”) is a real estate development and property manager based in Brooklyn, New York. CCM identifies properties not operated at best and highest potential and invests to maximize returns. This can be done through repositioning, renovation, or ground up construction.
CCM often will incorporate various tax abatement strategies, thereby maximizing investment values. These programs minimize property tax obligations over a period of time. Such programs require a strong local knowledge base which CCM has developed.
Jacob L. Sacks and James P. Wiseman formed CCM in April 2004. The Principals have worked together acquiring, developing and operating real estate for over seven years and have known each other for over 20 years. The Principals have backgrounds combining over 40 years of experience in private equity law, investment banking, hedge fund administration and private equity investment in real estate.