The Iron Stone Team
Andrew V. Eisenstein, Founding Partner
Andrew Eisenstein is the founder and managing partner of Iron Stone Real Estate
Fund I. Since the mid-1990s he has completed over $150 million in real estate
projects in the Philadelphia metropolitan region. Mr. Eisenstein has built
a solid track record of entrepreneurial and creative projects, building an
extensive network of private investors, brokers, and partners along the way.
He has established a successful business model, identifying undervalued real
estate, creating a development plan to reposition the asset, quickly putting
together financing to acquire it, and executing the turnaround on budget
and on schedule.
Mr. Eisenstein began his real estate career with his own general contracting business, which focused on high-rise condominium remodeling. Leveraging the profits, experience, and contacts he gained from this business he began developing and managing multi-family apartment buildings in the 1990s. Starting in 2000 he began raising equity capital from private investors for high-return real estate projects. At the same time, he expanded into commercial, office, and industrial property. In 2006 he formed Iron Stone Real Estate Fund I, a $10 million pool of capital for new real estate projects. Throughout his career Mr. Eisenstein has taken pride in creating value not only for his investors but also for the communities he works in, by revitalizing distressed and undervalued buildings. Mr. Eisenstein holds a B.A. from the University of Pennsylvania.
Jason E. Friedland, COO and Partner
Jason Friedland is the Chief Operating Officer and partner in Iron Stone Real
Estate Fund I. During the past five years he has spearheaded numerous Iron
Stone projects, including Liberties West Condominiums. His expertise includes
acquisition, construction management, zoning, and portfolio and asset management.
Prior to working with Iron Stone Mr. Friedland was Vice President of Friedland
Capital, Inc., a US-based merchant bank with offices in New York City, Denver,
and Beijing. He provided corporate financial advisory services to domestic
and foreign publicly traded and privately held emerging growth companies.
Mr. Friedland founded the financial and investment event division of Friedland
Capital, which now sponsors over 280 events annually in 31 cities in the
US and Europe. He received a B.A from Washington University in St. Louis,
MO and a Finance and Accounting Certificate from the Wharton School of the
University of Pennsylvania, and is fluent in Spanish.
Matthew S. Canno, Partner
Matthew Canno has been a commercial and residential real estate developer for
five years and has developed properties in University City, Rittenhouse Square,
and South Philadelphia as well as the YMCA building in Center City. In addition
to his real estate expertise, Mr. Canno is a partner at the law firm of Binder,
Canno and is the founder and CEO of Philadelphia Settlement Brokers, a life
settlement brokerage firm that sells existing life insurance policies on
the secondary market. He is also the co-founder of Strikes Bowling Lounge
in University City, and he was featured in the February 2007 edition of Philadelphia
Magazine for his entrepreneurial success. Mr. Canno holds a B.S. in
Economics from The Wharton School of the University of Pennsylvania and a
J.D. from The University of Pennsylvania Law School.
David I. Goldstein, Partner
Mr. Goldstein has over 14 years of
experience in financial services, private equity and real estate investing.
In 1989 he founded Gold Star Parking, a profitable valet parking service. In
1995 he sold his interest in the company to co-found Gold Cap Properties, a
real estate investment firm that successfully developed property in Northern
Liberties and Center City Philadelphia. That year Mr. Goldstein joined the
private wealth division at Merrill Lynch, eventually managing $225 million
for high net worth families and institutions. In 1999 he moved to Lehman Brothers
where he managed more than $400 million of client assets, investing in private
equity vehicles and equity-based instruments. Mr. Goldstein attended St. Joseph's
University, majoring in finance. He is active with the Abramson Cancer Center
of the University of Pennsylvania and sits on the boards of two private companies.
Gary Gordon, Vice President
Mr. Gordon is Vice President of Iron Stone real estate companies, where his
responsibilities include acquisitions, financial analysis, project finance,
project management, leasing, marketing, and operations. He brings ten years
of experience in real estate development and finance to Iron Stone, including
positions as Director of real estate and business lending at American Street
Financial Services Center; loans and grants manager for the New York State
economic development authority; and real estate transaction specialist at
a regional land conservation organization. He has also run his own residential
remodeling and development business. Mr. Gordon holds a BA from Rutgers University
and an MA and Ph.D. in History, with a concentration on urban economic development,
from the University of Chicago.
Walker Gilmore, Construction Management
Walker Gilmore has managed the construction and development of two major residential
projects, the Byrne Lofts and Liberties West. Mr. Gilmore came to Iron Stone
from the Philadelphia Planning Commission, where he gained extensive familiarity
with code issues and development projects citywide. In addition, he develops
and manages residential rental properties in Philadelphia. He holds a BA
in History and Studio Art from Tulane University and a Masters in City Planning
from Georgia Tech.
Michael Tandhasetti, Construction Management and General Contracting
Mr. Tandhasetti is the founder of Bainbridge & Company, which specializes
in the construction and renovation of residential and commercial properties
in the Philadelphia area. Prior to working with Iron Stone, Mr. Tandhasetti
worked in the securities business at two Wall Street investment banks and was
an adjunct professor of finance at the Rutgers University MBA program in New
Brunswick, NJ. He completed his undergraduate studies at The Johns Hopkins
University and holds an MBA from Rice University.
