MIAMI, FL - EDEN Living, the new horizontal apartment development firm created by EDEN Multifamily principals Jay Jacobson and Jay Massirman and America’s Capital Partners (ACP) Principal Sergio Socolsky, announces the addition of Jacky Sasson as Director of Land Acquisition. Based in Miami, Sasson is focused on sourcing new acquisition opportunities and supporting the venture’s entitlement, market analysis, underwriting and operations – among other aspects of multifamily development and ownership.
Prior to joining EDEN Living, Sasson served as Land Acquisition Manager at D.R. Horton affiliate Forestar Group, leading the acquisition and entitlement for residential projects. His industry experience also includes a similar role at MAS Development, where Sasson participated in the acquisition, entitlement, and development of more than 4 million square feet of commercial and residential development; and with private hard money lender New Wave Loans, where he underwrote more than $30 million in commercial and residential assets.
“Jacky’s diverse real estate background and business acumen will greatly enhance our growing team at EDEN Living,” Jacobson said. “He has the ability to help us move quickly with our venture’s ambitious expansion plans.”
Born in Bogota, Colombia and raised in Miami, Sasson earned a Bachelor of Science in Business Management from renowned Massachusetts business school Babson College. He also studied abroad in Shanghai, China.
"I am excited to be part of a versatile team that is embarking on innovative projects in Florida and eventually beyond,” Sasson said. “EDEN Living is poised to disrupt the multifamily industry with our horizontal apartment platform.”
EDEN Living leverages the partners’ 100-plus years of combined experience and unparalleled track record in the multifamily industry. EDEN Living already has several projects in the works in Florida and plans to eventually expand the platform nationally.
The mission of EDEN Living is to redefine an underserved segment of the rental population by providing a lower density, private living experience to such renters. EDEN Living will develop one-story living environments (and two-story townhomes in some locations) that provide enhanced privacy, exterior living space, courtyards and private landscaped backyards. Projects will include amenities that are on par with what is found in traditional Class A multifamily communities.
Horizontal apartments are built as single-story detached homes or two-story townhomes, with their own private entrances and backyards. In the EDEN Living model, the only exception is that many of the one-bedroom units are single-story duplexes sharing a center wall. Two and three-bedroom homes are detached, while mimicking the layout and square footage of a conventional apartment.
EDEN Living is working on initial developments in Miami-Dade, Duval and Brevard counties evidencing approximately 1,100 units. High-priority target markets include South Florida, Orlando, the Florida Space Coast, Tampa, Southwest Florida and Jacksonville. Beyond Florida, the firm is focused on the Atlanta, Charlotte, Memphis, Nashville and Knoxville markets.
EDEN Living affiliate RKW Residential, a multifamily property management firm with nearly 25,000 units under management across six states, will oversee management and leasing at the firm’s developments.
About EDEN Living: EDEN Living is a partnership between EDEN Multifamily principals Jay Jacobson and Jay Massirman and America’s Capital Partners (ACP) Principal Sergio Socolsky. The partnership was formed to develop for rent, single-story detached horizontal apartment homes and two-story townhomes around the State of Florida, with future plans to expand the platform nationally. EDEN Living has three projects totaling approximately 1,000 units underway in Miami-Dade, Duval and Brevard counties. For more information on EDEN Living, visit www.edenliving.net