TRYKO Partners

About TRYKO Partners

Established in 1989 by Yitzchok Rokowsky and Yonah Kohn, Tryko Partners has grown its portfolio by capitalizing on market conditions and discovering attractive investment prospects, and subsequently maximizing investor returns through hands-on turnaround management, value-added capital improvements, and timely dispositions. An aggressive expansion strategy during 2011, 2012 and 2013 resulted in Tryko more than doubling its multifamily portfolio. Today the firm owns 5,000 residential units, including 1,605 affordable housing units. Affordable Housing Finance recognized Tryko among the nation’s top 10 companies for completing both acquisitions and rehabilitations in its 2012 ranking. Through its healthcare subsidiary, Marquis Health Services, Tryko owns and operates skilled nursing and short-term rehabilitation facilities throughout the Mid-Atlantic and Midwestern United States. The firm currently is involved in more than 1,500 skilled nursing beds. Tryko/Marquis relies on its in-house resources, investment track record and multi-generational experience to effectively acquire, manage and reposition eldercare facilities. As an active investor in property tax liens, Tryko maintains a portfolio of approximately $30 million in assets under management. Approximately 75 percent of these tax liens involve residential properties; commercial properties comprise the balance. Tryko has achieved a 17.7 percent average annualized yield (unleveraged) on its redeemed/realized portfolio, with a redemption rate in excess of 99 percent. Today, a carefully assembled group of seasoned professionals, more than 100 employees, and an extraordinary track record in asset repositioning continue to propel Tryko forward. The firm remains focused on aggressive expansion through diversified opportunities. Tryko Partners invests primarily in opportunities within three distinct sectors: Multifamily communities, including both conventional/market-rate apartments and affordable housing; Healthcare properties, including nursing home and assisted living facilities; and Real estate tax liens We identify underutilized and inefficient assets located in stable or recovering secondary markets, which typically attract less institutional attention but exhibit adequate liquidity, strong demand drivers and healthy demographic trends. As a regional firm, our investment focus remains centered on the Northeast and Mid-Atlantic states of New Jersey, New York, Eastern Pennsylvania, Delaware, Maryland, and Virginia, as well as the Pittsburgh and Chicago markets in the Midwest.