Somerset Partners

About Somerset Partners

Somerset Partners is a real estate operator. Somerset Partners operates in Atlanta, Georgia, Augusta, Georgia and Birmingham, Alabama. Its investment focus is on Hospitality, Multifamily - Core and Multifamily - Ground-up.

Somerset Partners is a New York-based private real estate investment and development firm founded in 2000. The company focuses on commercial office, multifamily residential, mixed-use, and redevelopment projects in major metropolitan markets across the United States. Since its formation, Somerset has completed more than $2 billion in acquisitions and has worked with both high-net-worth and institutional investors. The firm is led by principals including Keith Rubenstein and has developed a reputation for acquiring underutilized properties and repositioning them through renovation, leasing, and redevelopment strategies. Somerset is particularly active in New York City, where it has been involved in large-scale office, residential, and waterfront development projects. Notable investments include 85 Tenth Avenue in Manhattan, which sold for approximately $430 million, and major South Bronx redevelopment plans that included more than 1,300 residential units across multiple towers and mixed-use components. The company targets assets with long-term value creation potential, focusing on urban neighborhoods undergoing growth and transformation.

Principals at Somerset Partners

Recent activity at Somerset Partners

No recent signals captured for Somerset Partners yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

Somerset Partners's project portfolio

No projects on file for Somerset Partners yet.

Markets and themes

Markets Somerset Partners operates in

• Atlanta, Georgia
• Augusta, Georgia
• Birmingham, Alabama
• Cincinnati, Ohio
• Columbus, Ohio
• Huntsville-Florence, Alabama
• Kansas City, Missouri-Kansas
• Little Rock, Arkansas
• Memphis, Tennessee
• Mobile, Alabama
• Nashville, Tennessee
• New York City, New York
• Oklahoma City, Oklahoma
• Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
• Savannah, Georgia
• St. Louis, Missouri
• Tulsa, Oklahoma
• Virginia Beach - Norfolk - Hampton Roads, Virginia
• Washington DC
• Wichita, Kansas

Investment themes at Somerset Partners

• Hospitality
• Multifamily - Core
• Multifamily - Ground-up
• Multifamily - Value-Add
• Opportunity Zones
• Urban Office
• Workforce Housing

Capabilities

• Asset Management
• Custom Homes
• Luxury
• Mixed Use
• Urban infill

Operators similar to Somerset Partners

• Cohen Investment Group
  Mid-market tierAugusta, GeorgiaAtlanta, Georgia+5 more marketsWorkforce HousingUrban Office+1 more theme
• Spandrel Development Partners
  Mid-market tierHuntsville-Florence, AlabamaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+2 more marketsOpportunity ZonesHospitality+4 more themes
• Atlas Real Estate Partners
  Mid-market tierSt. Louis, MissouriNashville, Tennessee+4 more marketsMultifamily - Ground-upWorkforce Housing+1 more theme
• Henderson Park
  Mid-market tierNew York City, New YorkSavannah, Georgia+1 more marketHospitalityMultifamily - Ground-up+3 more themes
• Cole Valley Partners
  Mid-market tierNashville, TennesseeHuntsville-Florence, Alabama+4 more marketsHospitalityUrban Office
• Capital Hall Partners
  Mid-market tierNashville, TennesseeAtlanta, Georgia+1 more marketOpportunity ZonesHospitality+3 more themes
• Springer Capital
  Mid-market tierNashville, TennesseeAugusta, Georgia+3 more marketsMultifamily - CoreWorkforce Housing+1 more theme
• Ridgehouse Companies
  Mid-market tierSt. Louis, MissouriNashville, Tennessee+1 more marketOpportunity ZonesMultifamily - Ground-up+2 more themes
• Machine Investment Group
  Mid-market tierNashville, TennesseeNew York City, New York+2 more marketsHospitalityWorkforce Housing+1 more theme
• RBH Group
  Mid-market tierAtlanta, GeorgiaNew York City, New YorkOpportunity ZonesHospitality+3 more themes

Frequently asked questions about Somerset Partners

What does Somerset Partners do?

Somerset Partners is a New York-based private real estate investment and development firm founded in 2000.

What markets does Somerset Partners operate in?

Somerset Partners is active in Atlanta, Georgia, Augusta, Georgia, Birmingham, Alabama, Cincinnati, Ohio, Columbus, Ohio, and Huntsville-Florence, Alabama.

How many employees does Somerset Partners have?

Somerset Partners has 2–10 employees.