Haddon Property Group is a real estate investment firm focused on the acquisition and asset management of institutional quality self storage facilities in primary and secondary markets throughout the United States. The firm will provide its investors the opportunity to diversify their portfolio by investing directly into cash flowing self storage properties.
The firm aims to deliver superior risk adjusted returns to its investors by repositioning undermanaged facilities in high growth markets. Value is created via revenue enhancement and expense reduction measures that are achieved by aligning with best in class management companies. At Haddon’s direction, the management companies will implement sophisticated marketing campaigns while assisting in the execution of a comprehensive renovation program. In addition to pursuing value added transactions, the firm will pursue new facilities from developers who wish to exit projects upon receiving a certificate of occupancy.
The firm will acquire highly accessible properties located in markets demonstrating robust underlying real estate fundamentals. Haddon’s team will examine population growth, household income, school district rankings, and single-family housing values. Submarkets with a large concentration of apartments will be targeted as there is a natural demand from the residents of nearby communities living in space-constrained dwellings.
Prior to founding Haddon Property Group, Mr. Tustin worked for CAPREIT as an acquisition officer specializing in affordable housing and value added market rate investments. Mr. Tustin led the underwriting of approximately $3 billion of multifamily assets and assisted in the closing of transactions totaling 2,300 apartments and $250 million in capitalization. Previous to CAPREIT, Mr. Tustin worked as an analyst in JP Morgan’s Commercial & Investment Bank. He received a Master of Science in Financial Services from Saint Joseph’s University and a Bachelor of Science in Finance from Rowan University.
In addition to founding Haddon Property Group, Zack Widmann also established ZHW Properties. ZHW Focused on brokering off market self storage properties to institutional investors and closed over $180 million of deals across 4 states. Prior to founding ZHW, Mr. Widmann worked at Prime Group Holdings and was one of the top in-house acquisition brokers. During his time with the firm, Mr. Widmann originated/closed over $173 million in self storage transactions across eight states. Before Prime Group Holdings, Mr. Widmann worked for Silvershore Properties and Roseland Residential (a Mack-Cali Company). Mr. Widmann received a Bachelor of Science in Business Management from Skidmore College.
Denese Kiser serves as the Operations Manager for Haddon Property Group, working closely with the team to manage day-to-day activities and coordinate office priorities. Denese’s 20+ year background in providing customer service for Cigna in the health services industry and extensive prior experience in office administration has equipped her to provide strong support for Haddon Property Group investors and staff. Denese is a summa cum laude graduate of Glassboro State College, holding a Bachelor of Arts degree in Education, and she is a friendly voice you may hear when contacting Haddon Property Group.