Maystone Management LLC
Real Estate Private Equity & Investment Management
About
Maystone Management LLC is a private equity real estate and investment management firm headquartered in Baltimore, MD.
The firm focuses on unlocking value and identifying opportunities that offer compelling risk-adjusted returns through disciplined investment strategies, hands-on asset management, and an understanding of local and regional market dynamics.
Assets Under Management
Commercial Properties
Metro Center Shopping Center
Baltimore, MD
Multi-Tenant Retail Shopping Center
Residential Properties
Single-Family Home Portfolio
Baltimore, MD
Residential Rentals
*Select assets pictured. Additional properties may be held under management.
Our Services
For additional information about our services, contact us directly.
Residential Property Management
Commercial Property Management
Tenant Relations
Asset Management
Additional Services
Management Team
Our Managing Principal draws on a comprehensive background in investment strategy, asset management, and transactional law to support value creation across all aspects of our Company.
Industry Insights
Jacob Altshuler
Managing Principal
Mr. Altshuler holds a BA from the University of Maryland, College Park, a JD from the University of Maryland School of Law, and has completed a variety of certificate coursework, executive education, certifications, and designations in real estate, asset management, banking, and investments. Additionally, he was admitted to and completed coursework in the MS, Finance Program at Johns Hopkins University.
Mr. Altshuler’s professional experience includes previously serving as Senior Vice President & General Counsel at a privately-held real estate investment, management, and development firm holding a diverse portfolio of assets, including multifamily, hotel, land, single-family, and office properties. He also previously served as General Counsel for a Baltimore-based real estate brokerage. Earlier in his career, among other positions, he served as law clerk to the Chief Judge of the Maryland Tax Court.
In addition to his role at Maystone Management, Mr. Altshuler maintains a law practice with a transactional law firm, serves as Chief Administrative Officer (CAO) / General Counsel (GC) at (a) a commercial real estate brokerage, and (b) affiliated property management and investment holding companies.
Contact
Email: office@maystonemgmt.com
“Sol redit, tempus nunquam (the sun returns, time never).”
– Lee M. Elman
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Jacob Altshuler – Full Profile
Education
- Johns Hopkins University, Carey Business School, Graduate Finance Coursework (Admitted to MS, Finance Program)
- University of Maryland Francis King Carey School of Law, JD
- University of Maryland, College Park, BA
Additional Education/Coursework
- Duke University, Paralegal Specialist Certificate
- American Bankers Association, Certificate in Business and Commercial Lending
- Henley Business School, Hedge Fund Executive Education
- Columbia Business School, Value Investing Executive Education
- Cornell University, Certificate in Commercial Real Estate
- Cornell University, Certificate in Hotel Real Estate Investments and Asset Management
Earned Designations/Certifications
- Real Estate Finance and Investments Certification (REFAI)
- Certified Self Storage Manager (CSSM)
- Certified Apartment Manager (CAM)
Bar Admissions
- Maryland
- District of Columbia
Court Admissions
- U.S. District Court for the District of Maryland
- United States Tax Court
Board Membership Experience
- Maryland Open Meetings Law Compliance Board, Board Member
Honors & Awards
- Alpha Phi Sigma Academic Honor Society (University of Maryland, College Park)
- Maryland Law Scholars Award (University of Maryland Francis King Carey School of Law)
- CALI Excellence for the Future Award, Taxation of Partnerships & LLCs (University of Maryland Francis King Carey School of Law)
- Dean’s Scholarship (Johns Hopkins Carey Business School)
- Sigma Alpha Pi, Presidential Member (Johns Hopkins Carey Business School)
- Official Citation, Senator Jill P . Carter / Maryland General Assembly; In recognition of Open Meetings Law Compliance Board Work
Overview
Prior to Maystone Management LLC, Mr. Altshuler worked at Miami and Baltimore law firms, volunteered at the Maryland Volunteer Lawyers Service and the Homeless Persons Representation Project, served as General Counsel to a commercial real estate brokerage, and was Senior Vice President and General Counsel (“SVP & GC”) at a privately-held real estate investment, management, and development firm based in Baltimore.
Prior to serving as SVP & GC, Mr. Altshuler clerked for the Chief Judge of the Maryland Tax Court, The Honorable Walter C. Martz II. At the Maryland Tax Court, among other duties, he drafted research memoranda with proposed rulings and other materials in complex property tax cases, including cases of first impression. Of note, Mr. Altshuler drafted a research memoranda and proposed ruling for a commercial property tax case where the property at issue contained alleged valuations in excess of $270MM.
During his time as SVP & GC, Mr. Altshuler, in conjunction with the rest of the management team and outside-counsel, worked on various legal and business matters relevant to a diversified portfolio of properties which included land, hospitality/hotel (including Hilton and Historic Hotels of America flagged properties), downtown high-rise office, single-family, multifamily, retail tenancies, and government-leased assets, primarily located in major urban locations.
In addition to his work as SVP & GC, Mr. Altshuler has successfully represented and advised privately-held real estate investment companies investing in the single-family rental space.
Education and Certifications
Mr. Altshuler holds a BA from the University of Maryland, College Park, where he was a recipient of Dean’s List Academic Honors and a member of the Alpha Phi Sigma Honor Society, a Specialist Certificate in Paralegal Studies from Duke University, and a JD from the University of Maryland Francis King Carey School of Law, where he was a recipient of the Maryland Law Scholars Award. Additionally, while in law school, Mr. Altshuler earned a CALI Excellence for the Future Award for scoring the highest grade in Taxation of Partnerships & LLCs. Furthermore, during his time in law school, Mr. Altshuler authored an independent written work, supervised by a Faculty Professor of Law, titled, “The Current Structure of Real Estate Investment Taxation: Policy, Inequities, and Reformation.”
Mr. Altshuler holds two certificates from Cornell University, one in Commercial Real Estate and another in Hotel Investments & Asset Management. Additionally, Mr. Altshuler holds an American Bankers Association Certificate in Business & Commercial Lending. Furthermore, in addition to the aforementioned degrees and certificates held, Mr. Altshuler has successfully completed Value Investing Executive Education taught at Columbia Business School, Hedge Fund Executive Education taught through the Henley Business School, and other certificate and diploma coursework.
Mr. Altshuler was admitted to, and completed coursework, in the MS, Finance Program at Johns Hopkins University, where he was a recipient of the Dean’s Scholarship and was admitted as a Presidential Member of the Sigma Alpha Pi Honor Society.
Mr. Altshuler has completed REFM Excel for Real Estate Certifications One, Two, and Three (each With Distinction), and is a holder of the Real Estate Finance And Investments Certification (“REFAI”). Additionally, Mr. Altshuler has previously earned both the Certified Apartment Manager (“CAM”) and Certified Self Storage Manager (“CSSM”) Designations.
Licenses, Admissions, and Memberships
Mr. Altshuler is a licensed Maryland attorney and is authorized to practice law in state and federal courts in Maryland as well as the United States Tax Court. Additionally, Mr. Altshuler is a member of the District of Columbia Bar.
Mr. Altshuler is a member of the Maryland Bar Association and is / has been a member in a variety of other legal and real estate industry groups and associations, including the Maryland Bar Association’s Real Property Section Discussion Group, the Maryland Association for Justice, the Greater Baltimore Board of Realtors, and the National Association of Realtors.
Mr. Altshuler holds a Real Estate Broker License and actively represents investors and others in various capacities.
Board Membership
Mr. Altshuler also served as an Attorney Board Member on the Maryland Open Meetings Law Compliance Board (OMCB), which issues advisory opinions related to complaints alleging violations of the Maryland Open Meetings Act, for over four-and-a-half years. Mr. Altshuler was originally appointed by Governor Hogan, and confirmed by MD Senate, to serve remainder term of 3 years from July 1, 2018. He was subsequently reappointed by Governors Hogan and Moore, respectively.
Additional Activities
In addition to his work at Maystone Management LLC, Mr. Altshuler practices law at a boutique firm specializing in transactional and commercial real estate matters.
Additionally, Mr. Altshuler serves as Chief Administrative Officer (CAO) / General Counsel (GC) at a premier full-service Mid-Atlantic commercial real estate brokerage with a team of approximately 20 people, as well CAO / GC at an affiliate property management company and numerous investment holding companies. Mr. Altshuler also serves as Managing Director at a boutique brokerage and advisory firm.
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