Pink Stone Capital Group was founded by Richard Ohebshalom in 2010. Ohebshalom set out to build upon the operational expertise he developed over more than a decade in NYC’s multifamily sector, with a renewed emphasis on entrepreneurial and creative energy across the platform. Pink Stone has since evolved into a nimble, diversified investment firm with a reputation for acquiring off-market assets at values significantly less than replacement cost, affording the opportunity to execute best-in-class developments generating outsized returns. Illustrative examples include the following:
The firm’s name was inspired by one of Ohebshalom’s earliest mentors and supporters, who passed away after a long battle with breast cancer. Pink Stone’s growth pays homage to her memory, and over time has grown to encapsulate a passionate, artistic approach to investment and management. In a world filled with blue, gray and black, the juxtaposition of Pink and Stone emphasizes a holistic, arts and sciences focus on community engagement and value creation.