About Us

Ludlow Property Group (“LPG”) was formed in 2023 for the purpose of executing value-add real estate strategies in supply-constrained leisure markets, with an initial focus on mountain towns in Colorado and the mountain west. We are focused on self-storage and other essential real estate in high-barrier-to-entry submarkets with strong demand fundamentals.

Our competitive edge lies in our creativity and our “ear to the ground” approach. With diligent research + proprietary data collection in opaque markets and detailed financial analysis, our investment process is complemented by a proactive and entrepreneurial spirit. We have a strong ability to recognize potential and unearth opportunities to create value, while being prudent with our capital and highly selective with the deals we execute.

With extensive market knowledge and over 37 combined years of institutional experience, we are poised to achieve meaningful returns for our partners.

Our Team

MICHAEL FORREST

Managing Partner - Head of Acquisitions & Development

With over 28 years of hands-on experience in the real estate business including practicing as a real estate attorney and serving as a commercial real estate broker, Michael has a proven track record and currently owns and operates a portfolio of properties in Aspen, Snowmass, Basalt, Gypsum, Crested Butte, and Gunnison Colorado.

He specializes in acquiring, repositioning, developing, and operating multi-family, commercial and mixed-use properties. Michael was the Alan Dershowitz Fellowship Award Recipient at George Washington University Law School where he graduated in 1996 with a J.D. He graduated from Binghamton University in 1993.

Michael has served for over a decade as Chairman of the Board of Directors of the Lower East Side Business Improvement District as well as actively participating as a Committee Member for over 15 years at the Northwell Health Foundation - Cohen Children’s Hospital.

Michael is a runner, skier and weekend warrior.

Michael@ludlowpropertygroup.com

(917) 513-5121

JASON UDOFF

Managing Partner - Chief Investment Officer & Head of Capital Markets

Jason has been an active real estate investor for the past decade, working for institutional owner/operators. He started his career at Hines in 2013, covering mixed-use development deals in international emerging markets. In this role, he worked on over 6 million SF of assets across the retail, office and industrial sectors. In 2016, he joined Shorenstein Properties where he was most recently Vice President in the Investments Group covering office and mixed-used acquisitions, development, and asset management across the East Coast. In this role, he executed on 10 million SF assets.

In addition, Jason has been an active advisor to and investor in Viver Properties, a preeminent student housing firm based in Boulder, CO.

He graduated from the University of Wisconsin-Madison in 2013 with a Bachelor of Business Administration in Finance and Real Estate. Jason remains an active member of the alumni association and serves as Senior Market Representative for NYC. In addition, he serves on the young professional committee for the Sunrise Association in Long Island.

Jason is an avid tennis player and golfer and is a Founding Partner of Broomsedge Golf Club in South Carolina.

Jason@ludlowpropertygroup.com

(973) 634-2716

Michael Fishman

Chief Operating Officer

Michael has been a lifelong entrepreneur and operator. During his college years at the University of Wisconsin-Madison, he launched his first venture, Pure Cycles, a bicycle manufacturing company. After a successful 10-year stint, Pure Cycles was acquired, paving the way for his next venture in the fitness industry, Maverick Community.

He earned a Bachelor of Business Administration in Real Estate from the University of Wisconsin-Madison in 2011 and continues to give back by mentoring upcoming entrepreneurs through the business school’s alumni association.

An avid triathlete, Michael recently relocated to Carbondale, CO with his wife and two kids in pursuit of a simpler, nature-focused lifestyle.

Fishman@ludlowpropertygroup.com

NICK SIMONETTY

Analyst

Nick has developed a strong foundation in real estate and finance. As an Analyst at Keating Capital, he was instrumental in acquiring over $5 million worth of properties along the East Coast. Nick received his Bachelor’s in Finance from Binghamton University in May of 2024, where he was an active member of the university's Finance and Real Estate Society on campus.

Nick is also a passionate poker player and powerlifter, balancing his analytical mindset with a passion for fitness and strategy.

Nick@ludlowpropertygroup.com

Community

LPG has strong ties to the local community and supports several not-for-profit organizations including the Snowmass Capitol Creek Caucus, Cohen Children’s Medical Center, Grand Street Settlement, Seventh Precinct Community Council, and the Lower East Side Business Improvement District where Michael Forrest serves as the Chairman of the Board of Directors. LPG is dedicated to sustainable, smart growth through local public-partnerships.