We See What
Others Miss.
Prime 79 Group is a principal-led real estate investment platform focused on acquiring and repositioning underperforming commercial assets across the tri-state market and beyond. We find complexity. We build lasting value.
The Prime 79 Edge
Operator. Attorney. Principal.
Every deal is sourced, underwritten, and closed by a senior CRE attorney and operator. Legal precision, operating experience, and investment discipline from first look to final exit.
Built for Complexity.
From vacant boxes to broken cap stacks, distressed operators to misaligned partnerships — we understand every layer of a complicated deal and know how to move it forward.
Twenty Years. Every Situation.
Workouts, lease restructurings, receiverships, acquisitions, repositionings, capital raises. We have been on every side of every deal type in commercial real estate.
Mispriced assets.
Real opportunity.
Commercial real estate is full of assets that have been written off — by owners who ran out of ideas, operators who ran out of capital, and investors who ran out of patience. We see those assets differently.
Prime 79 Group acquires fundamentally sound properties that are underperforming due to operational failure, misaligned ownership, or market dislocation. From acquisition through stabilization, we execute with a clear plan, deep market knowledge, and the kind of hands-on discipline that turns complexity into value.
Our edge is simple: we have spent twenty years on every side of the table. As operators, as attorneys, and now as principals. That experience doesn’t just inform how we underwrite — it defines how we execute.
Four ways we create value.
Each strategy is calibrated to a specific moment in a property’s lifecycle and to the structural advantage we bring as a principal-led platform with deep legal and operational fluency.
Direct Acquisitions
Discounted acquisitions of distressed and transitional commercial assets — from motivated sellers, lender-driven sales, and broken capital stacks. We move quickly, underwrite with conviction, and close with certainty.
Discuss a deal →Asset Repositioning
Hands-on repositioning of underperforming assets — rebranding, re-tenanting, capital improvement, and NOI optimization. We execute the business plan ourselves, not through intermediaries.
Explore repositioning →Rescue Capital
Preferred equity, rescue mezzanine, and partner-buyout capital for capable sponsors facing maturity defaults, refinance gaps, or capital-call shortfalls. We paper deals fast and partner with sponsors who deserve to keep their assets.
Explore rescue capital →Special Situations
Note acquisitions, deed-in-lieu structures, receiverships, and recapitalizations that require a partner who understands both the legal architecture and the operating reality of the asset.
Talk special situations →Why principals choose to work with us directly.
Most platforms run on hand-offs. Prime 79 is built differently. The principal who finds the deal closes the deal.
In-House Legal Execution
Senior attorney leadership on every transaction. Faster execution, lower friction, and aligned incentives from term sheet to closing. We don’t outsource the legal work — we are the legal work.
Operator’s Eye
Twenty years as an operator and GC at institutional real estate firms. We know how buildings run, how leases are structured, and where value is hidden in a rent roll that others will miss.
Workout Fluency
Deep experience in distressed situations, workouts, and enforcement. We have been on every side of the table. That fluency shows in how we structure, how we negotiate, and how we close.
Speed and Certainty
LOI to close in weeks, not months. Sellers and brokers come back to us because when we say we will close, we close. No banker chains. No committee approval. No surprises.
Discretion
We close quietly. Principal-to-principal from first call to closing. No information leakage, no broker auctions, no unnecessary intermediaries between the deal and the decision-maker.
Aligned Capital
Our capital is patient where it should be and decisive where it has to be. We are partners, not counterparties. When we commit to a deal, we are committed to the outcome.
Joshua Summers, Esq.
Joshua Summers is a commercial real estate attorney and operator with more than twenty years of experience across every position at the table — as outside counsel, as in-house general counsel, as an operator, and now as a principal.
He built his career handling complex commercial transactions, workouts, and distressed situations for institutional clients including REITs, hedge funds, developers, and high-net-worth individuals across the tri-state region and nationally. As EVP and General Counsel at a regional development firm, he led legal and operational strategy across a multi-asset commercial portfolio.
Prime 79 Group is the culmination of that experience: a platform built to move at the speed of a principal, structured with the precision of a senior attorney, and operated with the discipline of someone who has managed the assets himself.
Joshua is admitted to the New York bar and federal courts, holds a JD from Cardozo School of Law and a BA cum laude from Yeshiva University, and is based in the New York metro area.
Principals who’ve worked with us.
When my deal hit a wall — lender wouldn’t budge and my equity partner walked — Josh structured a rescue mez in under two weeks. He understood the legal architecture and the asset. That combination doesn’t exist anywhere else.
We had a distressed note situation that required someone who could operate the workout and draft the resolution documents at the same time. Josh was the only call we needed to make.
What sets Prime 79 apart is that you’re talking to the person closing the deal. That matters when you need certainty and discretion.
Thinking on distressed CRE.
Deal perspectives and market observations from twenty years on every side of the table. Follow along on LinkedIn.
Let’s talk about your situation.
Every call is with the principal. No intake team. No hand-offs. If you have a deal, a distressed situation, or a capital need — reach out directly.
Woodmere, NY 11598
Prefer to schedule? Book a 20-minute intro on Calendly.