Isaac Zion joins Acram Group as Managing Partner

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Isaac Zion

Acram Group, an entrepreneurial real estate firm previously known as JMC Holdings, LLC, is pleased to announce that Isaac Zion has joined the firm as a managing principal. Following a decade of developing a successful track record, the official name change illustrates the next phase of the firm’s evolution, highlighted by Zion joining the partnership. 

Founded in 2011, Acram Group focuses on the acquisition, development and management of covered land, office, multi-family and flex-industrial properties throughout the United States. With offices in New York, NY, Greenwich, CT, and Dallas, TX, Acram Group partners with family offices, institutional fund managers and other real estate platforms to execute its business plans. Acram Group’s current portfolio includes assets located throughout eight different metropolitan areas and is comprised of 2.5 million square feet along with a development pipeline totaling 1.5 million square feet. 

In his new role, Zion joins fellow managing principals, J. Matthew Cassin and David Taylor, to lead the firm. With a combined 60+ years of real estate experience, the partners will oversee Acram Group’s diverse, mixed-asset platform while simultaneously expanding the firm’s national reach and capabilities.

“I’m thrilled to embark on this next chapter with The Acram Group,” said Zion. “The partnership with Matt and David, my former colleagues, feels like a natural fit and I look forward to continuing to champion them in taking this impressive platform they have built and working alongside them to bring it to the next level of success.”

Prior to joining Acram Group earlier this year, Zion served as SL Green Realty Corp.’s (NYSE: SLG) co-Chief Investment Officer from 2011 through July of 2020 after having joined the organization in 2007. Zion led property acquisitions, dispositions, development, financings and joint ventures for the firm, along with spearheading the company’s suburban division/portfolio, which comprised over 35 buildings totaling more than 5 million square feet. Prior to joining SL Green, Zion was a Managing Director at Tishman Speyer for five years and spent the first several years of his real estate career at Insignia/ESG (now CBRE). Over his career, he has played a senior role in over $50 billion of investment activity, and in over 20 million square feet of leasing.

“The 10th anniversary of JMC Holdings signifies both the achievement of a major milestone for the company and a pivotal moment for David and I in deciding its future growth and evolution,” said J. Matthew Cassin, founding principal of Acram Group. “Isaac will be a terrific partner, as our longstanding relationship and frequent collaboration regarding strategy, growth opportunities, market dynamics, etc. lent themselves to recognition of a collective strategic vision that addressed the company’s outgrowth and laid the foundation for Acram Group. Isaac will be a tremendous asset to our team as we build upon our track record and expand the breadth of our success with this new endeavor.”

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