real estate

Patient Capital for an Impatient Market.

The same operational instincts that built Direxion and Hilton Capital are now being applied to real estate. Patient, opportunistic, built to last.

What We Do

Rafferty Real Estate targets value-add multi-family opportunities across the Northeast. We look for assets where operational expertise and a long-term hold create returns that short-cycle capital simply cannot access.

The Rafferty model applied to a new vertical: identify the right asset, commit real capital, do the work required to unlock value, and stay for the duration.

We are based in New York City, with activity across Long Island and Florida.

Our Team

Michael Daly
Michael Daly
Managing Director
round cornerround corner
Michael Daly
Managing Director

With over 35 years of experience in real estate development and investment, Michael Daly brings unparalleled expertise in identifying and executing high-value opportunities across diverse asset classes. His track record includes:

  • Successfully leading acquisition and development activities in major markets including New York and Seattle
  • Executing transformative projects across office, multifamily, and mixed-use developments
  • A proven history of delivering strong risk-adjusted returns through market cycles
  • And a deep expertise in complex transaction structuring and strategic asset repositioning
Michael Daly
Michael Daly
Managing Director
Robert Dicker
Robert Dicker
Director
round cornerround corner
Robert Dicker
Director

Robert Dicker brings 13 years of strategic real estate expertise across investment, development, and advisory roles. His experience includes:

  • Facilitating over $1 billion in total deal capitalization as Director of Acquisitions at Gemdale USA
  • Advising on Gemdale USA's multi-billion dollar portfolio of development and investment assets
  • Executing on $2.5 billion in transaction volume across multiple asset classes at Cushman & Wakefield's New York City capital markets team.
  • A specialized expertise in opportunistic and value-added investments across residential, office, and retail sectors

As a Director at Rafferty Real Estate, Robert implements RRE’s strategy of acquiring opportunistic and value-add real estate opportunities with a focus on multi-family in the North East and Mid-Atlantic regions.

Robert Dicker
Robert Dicker
Director

How We Build

We have built a strategic relationship with PDCO, a New York City-based project and development management firm with decades of experience in ground-up construction and substantial rehabilitation across the New York metropolitan area. PDCO's services are scoped to each project, from due diligence and feasibility through construction management and delivery.

When Rafferty commits to an asset, we commit to the full arc of the work.

A Note on Registration

Rafferty Real Estate is completing its registration process. Relevant regulatory disclosures will be updated upon completion.

Contact

Interested in learning more or exploring a potential opportunity?

dalym@raffre.com
Michael Daly
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