Cayuga Capital Management • United States of America
Cayuga Capital Management (CCM) was founded in 2007 by Jacob Sacks and James Wiseman, who joined forces to create a real estate company built on stable investment practices and long-term development goals. Based in New York City, the firm focuses much of its work in Brooklyn and Texas, where it handles acquisitions, redevelopment, construction management, and operational oversight. From the start, CCM has emphasized building practical, community-focused projects, including housing, retail, and recreational facilities, that meet the needs of the neighborhoods it serves.
A significant share of the company’s portfolio is rooted in Brooklyn. Over more than a decade of work there, Cayuga Capital has developed more than 350 apartment units and almost 450,000 square feet of commercial space. These efforts have established CCM as one of the major commercial developers in Williamsburg and a leading residential operator in Bushwick. As the borough has transitioned from its manufacturing past to a more diversified urban environment, CCM has contributed projects that support ongoing neighborhood evolution.
Among the firm’s most notable projects is its redevelopment of Vital Climbing Gym, a fitness operator based in California. Cayuga Capital acquired a large warehouse at 1 Nassau Avenue in 2017. Situated near McCarren Park at the border of Williamsburg and Greenpoint, the building was more than a century old and ideal for adaptive reuse. CCM saw the site as a strong value-add opportunity and transformed it into approximately 46,000 square feet of climbing walls, fitness facilities, and community spaces. In 2023, the property sold for $43.3 million, then the highest price ever recorded for a standalone climbing facility. The project showed how older industrial buildings can be repositioned to support modern, high-demand uses.
In Bushwick, the firm also played a notable role in early commercial activity by redeveloping two old factory buildings at 22–28 Wyckoff Avenue. The conversion resulted in a 10,000-square-foot retail center featuring an organic grocery store, a boutique wine shop, and flexible space suitable for a restaurant or nightlife venue. This redevelopment helped set the stage for further retail and community growth in the surrounding area.
Cayuga Capital also completed a significant residential redevelopment on a 27,000-square-foot site in Bushwick, which included a historic church, a former middle school, and adjacent vacant land. The firm created a 99-unit residential complex while preserving the church's notable architectural elements. Completed in 2017, the whole development spanned 90,000 square feet and combined historic character with updated residential layouts.
Another key project in Williamsburg was the redevelopment of the Lewis Steel Building, a 100,000sf former steel factory dating back to the 1930s. Located at 76 North 4th Street and extending from Berry to Wythe Streets, the building now includes 83 loft-style residences and 20,000sf of retail space. It remains one of the area’s prominent examples of industrial-to-residential transformation.
Outside of New York, Cayuga Capital has expanded its investments in the Dallas–Fort Worth region of Texas. The firm views Texas as a strong long-term market and has invested in pickleball facilities, data centers, daycare centers, and other commercial developments that support daily neighborhood activity.
The leadership behind CCM reflects the combined experience of its co-founders. Jacob and Jamie met in college and later built careers in investment banking, private equity, and law. Jacob brings more than 20 years of experience in real estate investment, development, and operations. Before forming CCM, he served as Vice President at U.S. Realty Advisors, LLC, which oversaw $3 billion in assets. He earlier worked in investment banking at ING Barings’ Transportation & Logistics Corporate Finance Group. He holds a B.A. in Economics and a Master of Engineering in Operations Research and Financial Engineering from Cornell University.
Jamie, who serves as general counsel and principal, offers more than two decades of experience in real estate acquisition, development, and operations in New York and Texas. He leads construction and development oversight and shares responsibility for acquisitions and investment strategy. Before co-founding the firm, he served as Associate General Counsel at Strategic Value Partners, overseeing legal and operational matters for more than $1 billion in global acquisitions. His early legal career included roles at Debevoise & Plimpton LLP and Gibson, Dunn & Crutcher LLP. Jamie holds a B.A. in Economics and Psychology and a J.D., magna cum laude, from Cornell University, where he was recognized as a John M. Olin Scholar in Law and Economics.
