About2

01 ABOUT US
01 ABOUT US

About us

True partnerships are set in stone.

Truestone Partners is your home for responsible real estate investments.

We help unleash the potential of exceptional opportunities, by developing strong partnerships with our network of investors, lenders, developers and borrowers. We take a leading role in our business community, participate as active investors, and grow together with our partners.

We lift barriers to democratize real estate investment opportunities, opening them for our investor community, with a strong sense of responsibility and commitment to secure, empower and elevate our collective success.

Our Vision & Mission

We believe

We believe that real estate investments can serve as a great asset class for financial stability, and that through collaboration we are able to invest with strength and enhance our collective performance. 

We believe that the cooperation between experienced managers,  seasoned investors, passionate developers, and responsible borrowers can open a world of great investment opportunities. 

Our vision is to democratize real estate, allowing honest and trustworthy real estate developers and borrowers to easily partner with credible, responsible professional and reliable lenders and investors, for a seamless and positive investment experience.

We are committed

Our mission is to attract, assess, select and invest in real estate opportunities, together with our trusted partners.

We are committed to serve as a trusted, professional and successfully proven home for diverse and responsible real estate partnerships.

We are committed to lift entry and participation barriers, and serve as a gateway for others in our community who are interested in benefiting from real estate investments, while maintaining peace of mind through Truestone’s experience and skillset.

Vision

Sol Dayan

Managing Partner

Prior to beginning at TrueStone, Sol Dayan was Vice President of Originations at FM Capital, where he worked as a commercial mortgage broker for over 4 years. Before working at FM, Mr. Dayan worked in an analyst position at Skyline Capital Group. He graduated from Pace University’s Lubin School of Business with a double major in Quantitative Analytics and Finance. Notably, in just five years of experience, Mr. Dayan has closed over $250 million in loans and investment transactions. He is a licensed Real Estate Broker in NY, and NMLS Licensed Mortgage Loan Originator in NY & NJ.

Edmond Harary

Board Member

Edmond is the CEO of Gina Group LLC, an industry-leading wholesale fashion apparel, accessories, and lifestyle company. As CEO, Edmond is responsible for overseeing the entire business from operations, to finances, overseas etc…. Edmond is a firm believer in balancing the micro with the macro, and is therefore able to successfully navigate through business challenges. He prides himself on his ability to manage correctly, and bring balance to everything that he does. In addition to his wholesale experience, Edmond also has a vast amount of history in commercial real estate. He has participated in LP and GP investments for over 25+ years, and has a keen understanding for assessing risk. Edmond brings immense value to every team that he is a part of, and his ability to diversify and change with the times makes him an even stronger asset to our team. With Edmond’s extensive business background, in wholesale and in real estate, he is an active partner at TrueStone where he is involved in consulting, capital raising, and assisting in new partnership structuring. Edmond graduated from Baruch College’s Zicklin School of Business in 1986 after studying international business and marketing. Edmond enjoys reading, working out, giving back to his community, and spending time with family.

Elie Chemtob

Board Member

Elie Chemtob is the CEO of the electronic manufacturing company Jem Accessories. As CEO, he has sold to Walmart and secured multiple big brand licensing agreements. At TrueStone, he is responsible for big picture business growth and is skilled in being quick to market and innovative, having a keen understanding of how to get deals done.

In addition to his wholesale experience, Mr. Chemtob also has a background in real estate. When he is not helping to close deals, he enjoys playing sports, watching movies, and spending time with his family.

Jack Barasch

Controller

Jack Barasch is the Controller of TrueStone and has been in the business of managing the finances of various companies for 35+ years.  He oversees the firm’s operational accounting, and leads the production of financial reports, maintains the accounting system, and overviews the cash flow. Mr. Barasch specializes in cash control and financial operations of various companies. He graduated from Brooklyn College with an Accounting Degree and later went on to get his CPA. When he isn’t running the books, he enjoys skiing, playing basketball, and hiking.

Jack Aini

General Counsel

Jack A. Aini is the General Counsel and a Board Member of TrueStone. Mr. Aini has over 25 years of real estate, finance, banking, and corporate law experience. He is the founder and Managing Partner of Aini & Associates PLLC, a full-service law firm in New York. Before going into private practice, Mr. Aini served for 10 years as Vice President and CMBS Business Development Manager at Wells Fargo Bank, N.A. Prior to joining Wells Fargo, Mr. Aini was an associate at Cadwalader, Wickersham & Taft.

Mr. Aini’s law practice is focused on commercial and residential real estate, investment and commercial banking, general corporate, commercial and residential mortgage-backed securitizations, re-securitizations, and other financial products. Mr. Aini received both his M.B.A. from Columbia Business School and his J.D. from Cardozo Law School with honors.

Jack Aini

Board Member

Jack A. Aini is the General Counsel and a Board Member of TrueStone. Mr. Aini has over 25 years of real estate, finance, banking, and corporate law experience. He is the founder and Managing Partner of Aini & Associates PLLC, a full-service law firm in New York. Before going into private practice, Mr. Aini served for 10 years as Vice President and CMBS Business Development Manager at Wells Fargo Bank, N.A. Prior to joining Wells Fargo, Mr. Aini was an associate at Cadwalader, Wickersham & Taft.

Mr. Aini’s law practice is focused on commercial and residential real estate, investment and commercial banking, general corporate, commercial and residential mortgage-backed securitizations, re-securitizations, and other financial products. Mr. Aini received both his M.B.A. from Columbia Business School and his J.D. from Cardozo Law School with honors.

Jack J Gindi

Board Member

Jack Gindi is an EVP/partner at Gina Group LLC, an industry-leading wholesale fashion apparel, accessories, and lifestyle company. He oversees brand and business acquisitions, strategic planning, and marketing for Gina Group. With over 30 years of experience, Mr. Gindi has worked with some of the leading importers, owners, brand managers and retailers in the country. His extensive network of relationships positions him well as a partner and deal maker. He has leveraged these relationships to create partnerships for TrueStone’s real estate asset and property management projects. Mr. Gindi earned his Bachelor of Business Administration in Marketing from Bernard Baruch College. He is also a loving husband and father of five. He is an avid athlete and passionate Zionist who is deeply involved with local community affairs and various charitable causes.

JJ Goldblatt

Loan Originator

JJ Goldblatt joined TrueStone in August of 2021 and has been a vital piece of the group. Starting off as an underwriter, he has excelled in getting deals closed in time and in cultivating client relations. Mr. Goldblatt now serves as a Loan Originator. His work experience in property management and title insurance gives him an exact and invaluable feel for the industry. During his free time, he enjoys spending time with his family and friends, as well as snowboarding on the slopes of Vermont.

Marco Chemtob

Board Member

Marco Chemtob is the CFO of the electronic manufacturing company Jem Accessories. He is a native businessman who currently runs 4 wholesale and servicing companies and who has over 35 years of experience in the business. As CFO, Mr. Chemtob spends most of his time handling the finances of his companies. He is skilled in finance, dealing with banks, international factories, and in making long and short-term financial projections.

Mr. Chemtob prides himself on his negotiation and deal-making skills. In addition to his wholesale experience, Marco also has a background in real estate. He began purchasing single family homes and has progressed into commercial real estate over the past 10 years. He has purchased multiple single-family homes, multifamily properties, warehouses, office buildings, and shopping centers all over the East Coast. Mr. Chemtob’s business experience, combined with his real estate knowledge, make him a valuable asset to the Truestone team. When he is not negotiating deals and handling finances, he enjoys giving back to the community.

Raymond Dayan

Board Member

Raymond Dayan is the President of Gina Group LLC, an industry-leading wholesale fashion apparel, accessories, and lifestyle company. As President, Mr. Dayan is responsible for the growth of the company and making sure every part of the business runs smoothly. He oversees all of the divisions and is the leader of all growth and development opportunities. In addition to his wholesale experience, Mr. Dayan also has a vast amount of history in commercial real estate. He has participated in LP and GP investments for over 20 years. This has afforded him a keen understanding of what deals are attractive,  as well as a sense of how he can add value to the project. Mr. Dayan is an integral member of every team and company that he is a part of. He has never lost sight of what’s necessary to succeed – that is, having good teams behind him to move the project forward. He is a fond believer in “There is no I in team,” and always strives to be a team player. He enjoys spending time with his family and friends and loves to give back to society and families in need.

Team
02 MILESTONES
2016
Truestone started in 2016 with a purchased our very first GP property in New York. Immediately, followed by 5 additional acquisitions in Brooklyn and the Bronx.
2017
This year marked our national expansion with our first properties in Florida, followed by a growing portfolio in the New York City metropolitan area totaling 14 buildings.
2018
2018 marked our debut into the lending business and we issued our first loans. In parallel we also began our first ground-up development in New York.
2019
Truestone officially expanded into the acquisition and loan businesses. This year marked also the beginning of our crowdfunding division.
2020
We expanded our geographical reach to Pennsylvania and New Jersey and diversified into office buildings.
2021
In 2021, we’ve had our busiest year in the history of the company with over 20 loans closed and new acquisition close to $100M.