Our Story. Transformative.
“Grove’s story is one of innovation, growth, and discovery – both as a company and as individuals. I’m immensely grateful, not only for who we’ve become, but for the journey of learning that brought us here.”
Izzy Gewirtzman
Founder & CEO
FEB 2021
Discovering
Grove Founder and CEO, Izzy Gewirtzman, was leading a thriving logistics company when he launched a side hustle that would go on to break new ground.
Having always been an avid real estate investor, he’d been speculating ways to streamline deal generation for years. So, when a real estate group he’d previously invested with had a one-time need to source deals in a specific target market, Izzy seized the opportunity. Crafting a unique outreach approach to target off market sellers, the ‘experiment’ proved record-breaking. In less than 2 years, with just one part-time acquisition associate, 350 meetings were booked and 1200 units closed! Next move; scale.
Mar 2023
Evolving
Soon after, we discovered our sweet spot; newer vintage and newly developed multifamily properties. We found a natural rapport with developers – their energy, vision, and drive to create the next big thing resonated with us deeply. That’s where we found success and hit the ground running. Focusing on this niche gave us deep insights into the target market and its unique needs. We’re able to address the specific challenges that many developers face in the end stages of a project, by providing them with a smooth and efficient exit with a trusted partner, often contingent on or ahead of Certificate of Occupancy.
APR 2024
Becoming
With a sharper understanding of our target sellers and a deeper appreciation for the importance of building long-term relationships, we made some real changes.
We fully embraced EOS (Entrepreneurial Operating System), a game-changer that aligned our processes and empowered us to tackle and solve issues head-on.
Taking a hard look at our core values, we intentionally built a culture rooted in openness, honesty, and direct communication. We refined our team to ensure we had the right people in the right seats, with a hiring process that prioritizes culture above all else. At Grove, you’ll find candid, trustworthy, and genuinely kind individuals. The respect and openness within our team naturally extends to our external relationships, fostering trust and collaboration at every level.
If we were once an entrepreneurial ship charting its own course, we had now become an Olympic-style canoe team; empowered as individuals but pulling together for shared success.
“EOS has allowed us to constantly iterate and improve week on week, driving meaningful progress across my team and the entire company.”
Kevin Perez
Director of Acquisitions
“When the business took off, we soon realized that we could no longer afford to allow others to determine the value we were bringing to the table.”
Ben Beiss esq.
General Counsel & Director of Corporate Strategy
SEP 2024
Cementing
On the heels of Grove’s success, Izzy successfully sold his logistics company to a private equity backed strategic, allowing him to fully focus on taking Grove to the next level.
As our deal volume grew, we needed greater control and a clearer understanding of each opportunity. Bringing our underwriting in-house was the milestone achievement that gave us that leverage. With the in-house team, led by Akiva Hochbaum, we can now process deals more efficiently, spot discrepancies, and maintain full transparency about a deal’s true value.
Around the same time, we hit another key benchmark with the opening of our Miami office. This expansion allowed us to strengthen our presence in key markets and continue building the foundation for future growth.
DEC 2024
Thriving
Today, we’re proud to be operating three offices, consistently meeting and surpassing our targets, and flourishing as a team.
Just shy of 20 dedicated team members, we’ve refined our processes to ensure smooth, effective operations. Our team works diligently, celebrates each success, and grows alongside the company. We’re in sync, and it feels great.
Each day, we’re underwriting, evaluating and analyzing new high-potential investment opportunities that propel our growth and drive continued momentum. With each accomplishment, our excitement for the future only grows. Our focus remains on building on our strengths and closing more deals in our trademark way.