Iron Stone Strategic Capital Partners

Iron Stone is a group of investment companies with a niche focus on opportunistic real estate and related assets in the Mid-Atlantic United States.

Real Estate Specialization
Residential Income
Health Care
Urban Infill
Investment Type
Equity syndication/Club Deal
JV partnership
Acquisition/Fee Simple
Investment Style
Managing Director

Andrew Eisenstein

Andrew Eisenstein is the founder of Iron Stone Strategic Capital Partners. Since the mid-1990s he has completed over $250 million in private equity and real estate transactions in the Tri-State area. He has established a successful business model leading Iron Stone into opportunistic real estate development, special situations investing, mortgage debt acquisition, and tax certificate and tax lien investing. The Iron Stone model is a built on a solid foundation of partners and partnerships with tenants, investors, and lenders. Mr. Eisenstein has a background in general contracting, historic property restoration, and construction in high-rise buildings. As a construction manager and developer Mr. Eisenstein has built a solid track record of entrepreneurial and creative projects that rely on this specialized construction expertise. Mr. Eisenstein serves on the board of Royal Investments America a subsidiary of Royal Bank of Pennsylvania and the Germantown Board of Settlement Music School. Throughout his career Mr. Eisenstein has taken pride in creating value not only for his investors but also for the communities he works in, by revitalizing distressed and undervalued buildings. Mr. Eisenstein graduated from the University of Pennsylvania.

Director of Project Finance

Mr. Gordon's responsibilities with Iron Stone have included acquisitions, financial analysis, project finance, project management and leasing. He brings eleven years of experience in real estate development and finance to Iron Stone, including positions as Director of real estate and business lending at American Street Financial Services Center; Loans and Grants manager for the New York State economic development authority; and real estate transaction specialist at a regional land conservation organization. He has also run his own residential remodeling and development business. Mr. Gordon holds a BA from Rutgers University and an MA and Ph.D. in History, with a concentration on urban economic development, from the University of Chicago.

Partner / Director of Operations and Investments

Jason Friedland

Jason Friedland is the Director of Operations and Investments. He has over 14 years of experience as a real estate entrepreneur and partner at Iron Stone. He has developed numerous commercial and residential real estate projects in Southeastern Pennsylvania and is intimately involved with the acquisition, execution, repositioning and management of every Iron Stone investment. He has significant experience with construction management, financing, zoning, historic tax credits, affordable housing, property management and asset management. He is the co-sponsor of Falls Center, the 800,000 square foot redevelopment of MCP Hospital, one of the largest active historic redevelopments in the Northeastern United States. As a partner in Iron Stone Real Estate Fund II, Mr. Friedland has acquired and negotiated more than 15 non-performing commercial mortgage liens from financial institutions. Prior to 2002, Mr. Friedland was a partner of Friedland Capital Inc., a US-based merchant bank with offices in New York City, Denver, and Beijing. He provided corporate financial advisory services to domestic and foreign publicly traded and privately held emerging growth companies. Mr. Friedland founded the financial and investment event division of Friedland Capital Inc., which sponsors over 280 events annually in 31 cities in the US and Europe. Born in Denver, CO, Mr. Friedland received a B.A from Washington University in St. Louis, MO. He is a Trustee of The Clarke Schools For Hearing and Speech in Northampton, MA and spearheads grass roots initiatives to broaden educational choices for children with hearing loss in Pennsylvania. He was instrumental in successfully pushing for the introduction of legislation for children with hearing loss in Harrisburg in 2010. Mr. Friedland is a Finance Committee member of SHARE Food Program, a member of the Prints, Drawings and Photographs Committee at the Philadelphia Museum of Art, a member of the Friends of Alfred Stieglitz Center, and a member of the Childhood Friends of The Children's Hospital of Philadelphia.

Partner / Director of Acquisitions

Matthew Canno

Matthew Canno has been with Iron Stone Partners since 2001. As the Director of Acquisitions and General Counsel, Mr. Canno is responsible for identifying and taking advantage of new strategic opportunities. In particular, his specialties have allowed Iron Stone Partners to become local leaders in purchasing non-performing and sub-performing note instruments. Since 2007, Iron Stone Partners have purchased $80,000,000 of debt collateralized by apartment and office buildings from major financial institutions. In addition to his real estate expertise, Mr. Canno was a founding partner at the law firm of Binder & Canno, a boutique law firm specializing in real estate and litigation. He was featured in the February 2007 edition of Philadelphia Magazine for his entrepreneurial success and selected by The Philadelphia Business Journal as one of its "40 under 40." Mr. Canno specialized in Real Estate and Finance while obtaining a B.S. in Economics from The Wharton School of the University of Pennsylvania. He also earned a J.D. from The University of Pennsylvania Law School and is a member of the Pennsylvania Bar Association. He serves on the board of the Philadelphia Animal Welfare Society (PAWS) and, until 2012, served as the Treasurer of the Board of Directors of Self, Inc. a long-standing charity in Philadelphia that oversees many of the City's homeless shelters and initiatives for people suffering from financial and social hardships.

Chief Accounting Officer and Treasurer

Stephen Rickel

Mr. Rickel is responsible for all aspects of accounting and finance for Iron Stone. He has over 15 years experience in commercial and residential real estate finance and most recently served as a senior financial officer for a commercial bank. In the past 11 years, he has held the CFO or senior financial executive position for small to medium size companies during a time of rapid, controlled growth and, in that time, developed accounting systems and controls that added real value for those organizations. Mr. Rickel is a CPA and received his B.S. in Accounting from Butler University in Indianapolis, Indiana.

Key Focus Areas
Acquisitions Asset Management Construction Development Leasing Property Management Real Estate Investing Individual Investors Institutional Investors
Geographical Area
Mapped Location