JAY R. GOLDSTEIN

Chairman and CEO
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Jay is the founder of Spring Garden Capital Group and has been Chairman and CEO since its inception in 2016.  Spring Garden Capital has provided over $1 billion in funding for affordable and workforce housing in Philadelphia, Pittsburgh, Baltimore and Washington, DC.

In addition to his role at Spring Garden Capital, Jay is the managing partner of the principal investor in Spring Arts LLC, for which he raised $70 million in debt and equity to renovate and develop properties surrounding the Reading Viaduct Park in Philadelphia. He is also co-managing partner of a fund which raised $15 million to construct a 110-unit mixed use building in a Federal Opportunity Zone project in Philadelphia.

Jay founded Valley Green Bank in 2005.  By 2014, Valley Green Bank had $425 million in assets, three branches in Philadelphia and two commercial loan centers, and over 60 employees. In 2013, Valley Green Bank was named one of the top 10 highest performing community banks in the country. In 2015, the Bank was acquired by Univest Bank and Trust Co for $78 million.

Prior to joining Valley Green Bank, Jay was a partner in the law firm of Kleinbard LLP.  He concentrated his practice in the areas of mergers and acquisitions, public and private finance, and real estate.

In addition to his professional activities, Jay serves as Chairman of the Delaware River Waterfront Corporation, a non-profit responsible for facilitating public and private development on the Delaware River in Center City Philadelphia.  Jay is also on the Board of the Philadelphia Industrial Development Corporation (PIDC) and PIDC’s CDFI and chairs both entities Loan Committee.  Jay also serves on the Board of the Committee of Seventy.

Jay is a graduate of the American University, Washington College of Law, where he received the school’s Outstanding Graduate Award. He received his undergraduate degree with honors from the State University of New York at Binghamton, where he was chosen commencement speaker.

JAY R. GOLDSTEIN

Chairman and CEO
215.282.8421

 

Jay is the founder of Spring Garden Capital Group and has been Chairman and CEO since its inception in 2016.  In 2018 he was named by the Philadelphia Business Journal as one the regions “most admired” CEOs.

In addition to his role at Spring Garden Capital, Jay is the managing partner of the principal investor in Spring Arts LLC, for which he raised $70 million in debt and equity to renovate and develop properties surrounding the Reading Viaduct Park in Philadelphia. He is also co-managing partner of a fund which raised $15 million to construct a 110-unit mixed use building in a Federal Opportunity Zone project in Philadelphia.

Jay founded Valley Green Bank in 2005.  By 2014, Valley Green Bank had $425 million in assets, three branches in Philadelphia and two commercial loan centers, and over 60 employees. In 2013, Valley Green Bank was named one of the top 10 highest performing community banks in the country. In 2015, the Bank was acquired by Univest Bank and Trust Co for $78 million.

Prior to joining Valley Green Bank, Jay was a partner in the law firm of Kleinbard LLP.  He concentrated his practice in the areas of mergers and acquisitions, public and private finance, and real estate.

In addition to his professional activities, Jay serves as Vice-Chairman of the Delaware River Waterfront Corporation, a non-profit responsible for facilitating public and private development on the Delaware River in Center City Philadelphia.  Jay is also on the Board of the Philadelphia Industrial Development Corporation (PIDC) and PIDC’s CDFI and chairs both entities Loan Committee.  Jay also serves on the Board of the Committee of Seventy.

Jay is a graduate of the American University, Washington College of Law, where he received the school’s Outstanding Graduate Award. He received his undergraduate degree with honors from the State University of New York at Binghamton, where he was chosen commencement speaker.

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Philadelphia

990 Spring Garden Street, Suite 602
Philadelphia, PA 19123
215.282.8440
Fax 267.685.3864

Baltimore

1707 N. Charles Street, Suite 200A
Baltimore, MD 21201
410.454.1350

Washington, D.C.

215 F Street NE
Washington, D.C. 20002
202.642.9918

Pittsburgh

922 Middle Street
Pittsburgh, PA 15212
412.580.1591