# Bernstein Companies

Bernstein Companies is a Single Family Office based in Washington, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, DC, United States
- **Founded:** 1933
- **Assets under management:** Undisclosed
- **Website:** thebernsteincompanies.com
- **LinkedIn:** https://www.linkedin.com/company/the-bernstein-companies/

## Regulatory record

- **Reports private funds:** No

## About

Leo M. Bernstein established the firm in 1933. Successive generations have continued to manage the capital generated by commercial real estate and hospitality holdings. Adam K. Bernstein now leads day-to-day operations as President and CEO. The investment program centers on direct real estate ownership and development. Bernstein Companies targets office, hotel and multifamily properties and executes ground-up construction as well as adaptive reuse. It also originates structured finance using federal and state tax credit programs. Confirmed positions include the Marriott International Global Headquarters in Bethesda and the Canopy by Hilton Washington DC The Wharf. Geographic reach covers the Mid-Atlantic states and selected Midwest markets. The firm has closed more than $2 billion in New Markets Tax Credit transactions since 2003. The platform employs in-house development, asset management and property management teams. Bernstein Companies reports a privately held portfolio of more than 4.6 million square feet. It maintains the Bernstein Family Foundation as a separate philanthropic vehicle. No operational events from the last 24 months appear in public records. The family office structure keeps investment decisions inside the principal family and long-tenured partners. This arrangement allows direct control over development entitlements, tax credit allocations and asset management without external fund layers.

## Sectors

- Real Estate
- PropTech

## People

- Stuart A. Bernstein — Chairman Emeritus
- Adam K. Bernstein — President and CEO
- Marc N. Duber — Executive Vice President and COO
- Joseph S. Galli — Executive Vice President and CIO
- Leo M. Bernstein — Founder

## Questions

### Who runs investment decisions at Bernstein Companies?

Adam K. Bernstein serves as President and CEO. Joseph S. Galli holds the role of Executive Vice President and CIO. Marc N. Duber serves as Executive Vice President and COO.

### Does Bernstein Companies participate in fund commitments or only direct deals?

The firm executes direct property acquisitions, ground-up developments and structured financing. It does not commit to external funds.

### What investment stages does Bernstein Companies typically target?

The firm focuses on development and late-stage opportunities in real estate. It also deploys capital through adaptive reuse and tax-credit transactions.

### How is Bernstein Companies related to the Bernstein Family Foundation?

The foundation operates as a separate philanthropic vehicle alongside the family office.

### What asset classes does Bernstein Companies allocate to?

Allocations center on office, hotel and multifamily real estate plus structured finance using tax credits and incentive programs.

### Does Bernstein Companies maintain additional offices outside Washington?

Public records list only the Washington headquarters. No other office locations are disclosed.

## Related profiles

- [Berman Enterprises LP](https://altss.com/profile/berman-enterprises-lp-berman-family-office)
- [Besen](https://altss.com/profile/besen)

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Last updated: 2026-08-10T15:54:10.904Z

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