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Esplanade Capital was founded in 2004 with the goal of providing an intelligent, responsible, and dynamic approach to real estate acquisition. The principals, David Scharf and Jay Eisenstadt, both hail from families that are among the vanguard of today’s business elite. They bring a wealth of background and expertise to the table, along with a balanced strategy that has proven to be remarkably effective.
 

The company enjoys a substantial and diversified portfolio. Combined holdings of the principals and affiliates include a wide variety of real estate assets including multifamily, assisted living and long-term care, hotels, retail, and commercial office suites. The group is currently engaged in one of its most ambitious projects: two separate ground-up condominium developments in New York City, with a total of over 250 units, valued in excess of $200 million.

  

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