Abe Mendel

Dr. Abe Mendel oversaw the growth of RBE through bridge loan financing with placing nearly a billion dollars in various projects over the years. Subsequently, this led to the development of residential and franchise hotel properties throughout the tri state area as an equity party. Abe Mendel's expertise includes property locations in gentrifying areas. Abe does his due diligence to determine the financial viability of a project along with building design with a goal of maximizing building size. His expertise lies with pinpointing potential growth opportunities and maximizing the profit potential. Abe Mendel focuses on managing the financial operation during the construction phase of a development project which includes maintaining the budget and insuring that the banking requirements are met. In addition, RBE provides the necessary bank financing and equity for the development projects. Once the properties were operational, RBE procured long term financing. Prior to RBE, Dr. Abe Mendel was President of MB Management company/ MB Group Inc. which bought and managed over 1,000 residential units in the tri state area along with nearly a million square feet of commercial property in the Mid West. During the peak real estate period, the bulk of these properties were sold or converted to condominiums. Abe began his career in the advertising field holding positions such as Marketing manager for Pepsi Cola, VP Grey Advertising and Senior VP at Avrett Free & Ginsburg. Currently, Abe served as a Director of Cross River Bank and sat on its lending committee. Cross River Bank is located in Teaneck, NJ. This bank opened six years ago and is currently a $750 million bank. Dr. Mendel holds a BA, MBA and PHD and has the experience of a Professor at various Universities and Colleges in New York City. Abe Mendel holds the position of Chairman of the of the Board of Prospect Park Schools which has an enrollment of nearly 1,200 students and has held this position for over 25 years. Abe Mendel also sits on the Board of various charitable organizations and is actively involved in major charitable causes both in New York and overseas.

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