In 2020, Adam Hendry, CEO of Tzadik Properties, LLC, spearheaded a groundbreaking $80 million refinance on two portfolios in Sioux Falls, SD. Tzadik also acquired JM Real Estate, a commercial property management, leasing and sales company based in Florida.
Hendry successfully grew Tzadik throughout the 2008 recession, ultimately acquiring over $200 million in multi-family assets in the Southeast and repositioning many of them into the recession-resistant Upper Midwest. The company has an industry-leading employee retention rate and a high level of employee engagement because of a continuous improvement mindset.
“I am passionate about focusing on employee engagement,” Hendry says. “This includes developing and growing a workforce that the competition envies, growing relationships with tenants that cause them to be raving fans, and working with vendors/partners that speak highly of the company, both as individuals and the organization as a whole. I believe this has been Tzadik’s biggest advantage in the industry.”
When a person hits 80, the idea of downsizing and moving, either across town or across the country to be near children, can become less of a choice and more of a necessity. Read more.
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