Steven Kleiman is a Principal with Cobalt Property Group, LLC, co-heading its Charleston, SC office. Mr. Kleiman, along with Mr. Patrick Marr and Mr. David Stern, is responsible for the overall direction of the firm, development and acquisition activities, asset management, and day-to-day operations.
Prior to co-founding Cobalt in 2017, Mr. Kleiman was a Vice President at Monarch Alternative Capital LP in New York, where he served as a Senior Investment Professional leading commercial real estate debt and equity investments globally. While at Monarch, Mr. Kleiman was responsible for a wide range of investments in the US and Europe, including value-added and opportunistic property acquisitions, brownfield redevelopment projects, secondary and syndicated debt purchases and selective construction financing activities.
Prior to Monarch, Mr. Kleiman was a Vice President at BlackRock, Inc. in New York, holding senior roles in its fixed-income portfolio management group, along with its highly publicized advisory business where he led the Commercial Real Estate securities team during the financial crisis of 2008 to 2012. While at BlackRock, Mr. Kleiman was involved in the valuation and strategic risk advisory functions for hundreds of billions of dollars of commercial real estate debt globally.
Mr. Kleiman graduated from New York University’s Stern School of Business with a B.S. in Economics. He resides in Mt. Pleasant, SC with his wife, Lana, and two daughters.