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GAME OF DRONES

The drone revolution has finally entered the American psyche. In fact, in late-December, the Federal Aviation Administration revealed that they have chosen several sites in a number of states to test unmanned drones in order to integrate them into our national airspace. The climate has certainly changed and unmanned aerial vehicles, or drones - will be written by professional journalists, who offer a fresh perspective and an objective eye that will give you a well-rounded look at big topics. Our reporters L.A. Rivera, Amy Armstrong and Monica Link have chronicled a story dubbed, “Year Of The Drones,” which looks into the future of drones in America.

The drone revolution has finally entered the American psyche. In fact, in late-December, the Federal Aviation Administration revealed that they have chosen several sites in a number of states to test unmanned drones in order to integrate them into our national airspace. The climate has certainly changed and unmanned aerial vehicles, or drones - will be written by professional journalists, who offer a fresh perspective and an objective eye that will give you a well-rounded look at big topics. Our reporters L.A. Rivera, Amy Armstrong and Monica Link have chronicled a story dubbed, “Year Of The Drones,” which looks into the future of drones in America.

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y travis taylor<br />

Experience Pulls<br />

Ahead of Competition<br />

Arthur Solomon<br />

knows real estate<br />

investment.<br />

As president, chairman<br />

and CEO of DSF Group,<br />

Solomon has spent the<br />

past 14 years developing or acquiring<br />

an impressive $3 billion in real estate<br />

assets.<br />

“The last 14 years, we have kept<br />

growing the business successfully,”<br />

said Solomon, who founded the<br />

company with his son and two other<br />

partners. “We are now in our fourth<br />

real-estate fund. Each one has been<br />

larger than the preceding one.”<br />

Focused on the Washington D.C.,<br />

New York and Boston metro areas, the<br />

DSF Group – founded in 2000 – has established<br />

itself as a leader in real estate<br />

investment. In 2011, the National Association<br />

of Home Builders voted the<br />

company the best multi-family developer<br />

in the United States.<br />

It should come as no surprise that the<br />

DSF Group excels. Solomon himself<br />

has the kind of experience that most<br />

investors can only dream about. Before<br />

founding the company, he spent time<br />

as a senior partner at the investment<br />

house Lazard Frere. He was also the<br />

CFO of Fannie Mae and president and<br />

CEO of the Berkshire Group.<br />

In addition to experience, another<br />

key ingredient of DSF Group’s success<br />

is their ability to stay on track, to focus<br />

and to keep things simple. As a private<br />

real estate investment firm, their focus<br />

has been trained on commercial investment,<br />

specifically on urban, multi-rental<br />

properties.<br />

“We either develop them from the<br />

ground up or we buy existing ones<br />

and add value,” Solomon said. “We’re<br />

a value-added investor.”<br />

Every aspect of the investment is<br />

overseen by DSF Group – from site selection<br />

and design, to engineering and<br />

obtaining permits. A single construction<br />

company handles all of the building<br />

needs for DSF.<br />

The company focus remains on acquisition,<br />

finance and marketing. “We<br />

do the asset management,” said Solomon.<br />

“We oversee the property managers.<br />

And we are very involved in the<br />

marketing, both traditional marketing<br />

sources as a well as the use of very active<br />

and creative social media.” With<br />

the business planted in multi-family<br />

and apartments, the recession and its<br />

aftermath left Solomon and company<br />

relatively unscathed, despite other<br />

sections of the real estate world being<br />

trounced.<br />

During the worst of the recession,<br />

multi-family units had access to better<br />

financing through the government in<br />

the form of Fannie Mae. Multi-family<br />

units were not as affected by the economy<br />

as much, since they depended<br />

more on household formation.<br />

In contrast, the office sector needed<br />

white-collar job growth, retail needed<br />

consumer buying and hotels needed<br />

travel.<br />

The future continues to look bright<br />

for DSF Group. “We’re already seeing<br />

a slow recovery in real estate,” Solomon<br />

said. “It is already taking place.”<br />

With one of the best track records in<br />

the country, DSF Group will continue<br />

to focus on what they do best.<br />

With the business planted in<br />

multi-family and apartments, the recession<br />

and its aftermath left Solomon<br />

and company relatively unscathed,<br />

despite other sections of the real estate<br />

world being trounced.<br />

Awarded Multifamily<br />

Development Firm of<br />

the Year by National<br />

Association of Home<br />

Builders.<br />

www.thedsfgroup.com<br />

THE SUIT MAGAZINE p.47

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