SABRA ENTERPRISES DEVELOPMENT CORPORATION

Capitalizing on Sound Investing

Sabra Enterprises Development Corporation was established in 1982 by David Dardashti.  Since its inception, the company has developed over 2.5 million square feet of real estate and 250 acres of beach front condominiums.  Combined, Sabra, its officers and co-developers have been involved with the development of over $3.5 billion worth of real estate.  Some of Sabra’s highlights have been working with major companies such as Wal Mart, Home Depot, Mobile Oil, Shell and Publix Supermarkets, the number 4 largest privately held company according to Forbes.  Some of Sabra’s past developments included a partnership with Servico, now Lodgian, Inc., one of the largest owners and operators of hotels in the country.  In addition, the beach front development mentioned above included the issuance of a 10 acre dredge and fill permit which included Mangroves, the only one issued to date on Hutchinson Island, an exclusive island off the Treasure Coast of Florida.

DAVID DARDASHTI - PRESIDENT

His experience is in packaging real estate investments from land acquisition to obtaining zoning, engineering, architectural drawings, obtaining anchor tenants and management.

ABOUT US

The company has focused its developments in the State of Florida where it is headquartered.

From its headquarters in Miami, the company is actively evaluating new development and redevelopment opportunities of hotels, shopping centers, Assisted and Independent Living Facilities and warehouses.

DAVID DARDASHTI

PRESIDENT

Mr. Dardashti’s experience is in packaging real estate investments from land acquisition to obtaining zoning, engineering, architectural drawings, obtaining anchor tenants and management.  He also has diversified experience in finance, appraisals and sales.  His development experience includes ground up development of shopping centers and office buildings to acquisitions and renovations of these facilities along with hotels.  He has worked with local governments to build infrastructure, roadways and interchanges leading to his and other’s properties.  During the development of the 250 acres of beach front property, Mr. Dardashti worked not only with local government agencies to facilitate this development but also Federal and State agencies as well.  This lead to his appointment to serve in the State of Florida on the Governor’s Advisory Board on Environmental Affairs.  Mr. Dardashti has held his Real Estate Broker’s License in the State of Florida since 1978.  He has worked with such national companies as Wal-Mart, Walgreens, Home Depot, Mobile Oil, Texaco, Sam’s Club, Publix Supermarket and Winn Dixie.

Mr. Dardashti has been in the real estate development industry for 25 years.  He received his Bachelor’s Degree from Florida Atlantic University.

Dr. Stephen L. Brenner

Chief Operating Officer

Dr. Brenner is a renowned Orthopedic Surgeon who has been practicing medicine for over 20 years and is licensed to practice medicine in the states of New York, New Jersey and Florida.  He has been an owner/operator of Assisted Living facilities since 2003.  Dr. Brenner’s main focus is on developing the company’s interest in the Assisted Living industry.  He is developing the company’s strategic direction and focus as we further expand in to this increasing area of development.

In addition to his surgical background, Dr. Brenner started and ran a multi-state physical therapy company for 20 years before selling it to nationally run Health South Corporation.  He also built and operated an ambulatory surgical center and owned a durable medical equipment company for 25 years.  In 1980, Dr. Brenner formed and developed a multi-specialty orthopedic practice with 4 offices in two states and employed over 100 people.  In 1989, Dr. Brenner was appointed Director and Chairman of the Orthopedic Department at Kennedy Memorial Hospital in New York.  He also served for 12 years on the Board of Directors for Passaic Valley Hospital in New Jersey.  In addition, in the State of New Jersey, Dr. Brenner was appointed by then Governor Kean to serve on the State Council for Health and Sport.

Jeremy Goldberg

Senior Vice President of Development

Mr. Goldberg is an honors graduate from Babson College with a double major in Finance and Entrepreneurship and a minor in Economics.  He is a third generation developer with over 10 years of experience in the finance and real estate industry.  He spent several years working in Boston, Massachusetts working on both the US and International markets before relocating to Florida.

He has a great deal of experience in all aspects of real estate and mainly specializes in acquisition analysis and real estate financing.  Before joining Sabra he was the acquisitions director for Sky Development, Inc and Skyrise Development Group, Inc.

These were relative start-up companies that grew to do hundreds of millions in acquisitions per year under his watch.  In the past five years Mr. Goldberg has personally worked on over $500 million worth of projects.

Ira Fratrik

Vice President of Research & Asset Management

Mr. Fratrik recently joined the company after spending over 21 years with Simon Property Group, the nation’s largest publicly traded retail real estate investment trust.

Mr. Fratrik has a diverse background in site analysis, leasing and property management.  He has worked on such projects as the 4.2 million square foot Mall of America in Minneapolis, Minnesota the nation’s largest mixed-use development, Circle Center Mall in downtown Indianapolis, Indiana and Manhattan Mall in New York, New York.

Most recently he leased and managed a 1.1 million square foot mall in Palm Beach County Florida.  He received his degree in Economics from Indiana University.

Mordechai Ailos

Vice President of Construction

Mr. Ailos worked his way up through the construction trades.  He has been in the construction industry for over 20 years and has held his General Contractor’s license for nearly 10 years.  He has worked on many diverse jobs from high end residential construction to retail store construction to restaurant build outs and hotel construction.  His background includes ground up development such as Extended Stay Hotels and multiple Stor-All facilities to complete renovations like a government office building estimated at $50 million and a community center with a renovation value of $30 million.

Mr. Ailos has done construction for companies like Simon Property Group, Stor-All, Bebe, Polo Tropical and Lucky Brand Jeans.