Howard Michaels

Howard Lee Michaels (November 3, 1955 – September 21, 2018) was an American businessman who was the founder of the real estate investment advisory firm Carlton Group.

Biography Michaels was born to a Jewish family in Flatbush, Brooklyn in 1955 but was raised in Deer Park, New York.

The Carlton Group focuses on raising money from high-net-worth individuals and institutions to provide 80 to 100 percent of the capital required for a real estate project. Based in New York City, the Carlton Group also has operations in Chicago, Los Angeles, Florida, Athens, and London. Seeing that securitizations were a commodity product, Michaels returned to what he did best: bringing high-net-worth investors and real estate developers together. Carlton had a reputation for getting the hard deals done and focuses on working with individual developers rather than institutions. He has five children, Alexandra, Reese, David, Josh and Sam. His wife worked as Senator Chuck Schumer's chief fundraiser and as a senior fundraiser for the Democratic Senatorial Campaign Committee. Despite his wife's affiliation, Michaels was a Republican. Michaels died of gastric cancer on September 21, 2018; services were held at the Central Synagogue in Manhattan.