Alliance RE Partners Global Reach | Local Expertise

As Managing Director, Steven R. Zoernack is involved in the day to day activities of Alliance. Steve has over 25 years experience in commercial real estate transactions from a lender’s viewpoint and this vast experience includes originating, underwriting, valuing, closing and selling large CMBS transactions to Wall Street Investment banks. Property types include large multifamily, office, hospitality, warehouse, retail, and healthcare.

Mr. Zoernack developed a speciality niche in Mobile Home Parks before they became a hot asset class and when no one else was doing them. He has learned how to value them and he strives to find extremely undervalued mobile home parks to place in portfolios to manage using economies of scale.

Occasionally he will find portfolios of extremely undervalued multifamily or mobile home park communities in the $10-20mm range that can be purchased at 50 cents on the dollar and can produce immediate equity at closing.