Isaac J. Sitt co-founded Vesper Holdings to focus on private equity real estate investments. Since 2006, Mr. Sitt has been solely focused on investing in, developing and managing commercial and residential real estate. He utilizes his keen understanding of the industry to lead Vesper in the acquisition of varied asset classes.
In 2010, Vesper Holdings launched its student housing acquisitions fund. Mr. Sitt identified a confluence of market factors that make this niche likely to experience accelerated growth over the coming years. Mr. Sitt has led the fund’s rapid acquisition of multiple large student housing assets and portfolios throughout the country, resulting in Vesper becoming among the largest owners of student housing in the world.
In 1992, Mr. Sitt began his career at Baby Togs Inc., a manufacturer and importer of children’s apparel. His initial responsibilities were to source and manage production for the firm in Indonesia, Thailand, the Philippines, and Bangladesh. Mr. Sitt rose to head the company and spearhead a massive re-branding and customer centric marketing effort. Under his leadership, the company successfully completed a turn around and was restored to a position of industry leadership. Mr. Sitt’s keen understanding of retail market trends were a quintessential element of the company’s success.
Isaac J Sitt is a graduate of the NYU Stern School of Business and sits on the boards of several charitable institutions.