Ratner & Associates LLC

Steven Ratner, a third-generation member of the Ratner family, oversees investment decisions. His role aligns with the family office's focus on real estate and alternative assets. The firm's organizational structure is not publicly detailed beyond his leadership.

The wealth originated from Forest City Enterprises, a real estate development and construction company founded in 1920 in Cleveland, Ohio. The Ratner family, along with the Shafran and Miller families, built the firm into a publicly traded real estate investment trust before its sale in 2018.

The office leverages its deep network in the Cleveland real estate community and relationships from Forest City Enterprises' decades of development activity. Direct real estate investments are sourced through family connections and co-investment partnerships with institutional players.

The firm uses both approaches: direct real estate holdings and co-investments in properties, alongside allocations to external hedge funds and private equity funds. Public filings indicate a diversified portfolio that includes both direct asset ownership and fund investments.

It is a single-family office serving the Ratner family exclusively. It does not manage outside capital or operate as a multi-family office. The investment approach is conservative and long-term, reflecting the family's roots in real estate.