Onyx Equities LLC

Since Saraceno and Schultz founded Onyx Equities LLC 20 years ago, the two managing principals have expanded the firm to become one of the most active commercial property investment, management and development firms in the New York metropolitan market.

Over the years, Onyx has acquired more than $4 billion dollars of real estate assets throughout New Jersey, New York and Pennsylvania. It has also executed more than $1 billion in asset repositioning projects across all property types, including the Gateway in Newark and two ultra-luxury boutique-style residential communities in Ridgewood.

As chief investment strategist, Saraceno directs Onyx’s approach to investment and portfolio management and executes partnerships with some of the country’s most significant institutional investment firms. In addition, he oversees Onyx’s investment fund arm and is a noted source for strategic commentary on real estate development in the tri-state region. Schultz leads investor capital raising initiatives for Onyx, along with the fundraising efforts for the firm’s real estate fund, Phalanx Funds. He also oversees the strategic planning, real estate technology development and overall investment strategy for Onyx. Additionally, he hosts a podcast (The Jon Shultz Podcast: The Myth of Overnight Success), which features industry leaders discussing how they “flipped the script” to create success.