Sassan Mahfar

(Samy Mahfar)

SMA Equities

Owner

185 Great Neck Rd #250, Great Neck, NY 11021

To see contact information you need a Professional level subscription

Subscribe ($125/month)

LinkedIn

SMA Equities portfolio

$139 million* – elevator 37.0%, office 26.0%; Manhattan 83.0%, Queens 16.0%

427th largest portfolio by dollar value

601,372 sqft – elevator 42%, D7 18%;

531th largest by SF

30 properties – Manhattan 96%, Queens 3%

333th largest

570 residential units – Manhattan 84%, Queens 15%

385th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 1 for $15.9 million

Seller signatory: 1 for $11.8 million

Borrower signatory: 7 for $233.9 million

Top Ten Associated Companies:

Safra National Bank (5), Societe Generale (2), Daniel Hirsch (1), JLL (1), Bank OZK (1), Sky Management (1), Bank Leumi (1), Citibank (1), 295 Third Avenue condo board (1), Forrest Partners (1)

Top Ten Associated People:

Stephan Mazzacca (3), Kevin Kelley (2), Charles Shafer (2), Courtney Walker (1), Brenda Gruss (1), Rhonda D. Peare (1), Cliffton Hill (1), Sheila Hyman (1), Kimberly Sheppard (1), Edward J. Bullard Jr. (1)

Recent activity as company:

SMA Equities borrowed $31.2 million from Safra National Bank for 1220 Lexington Avenue, 113 Stanton Street, 108 Delancey Street, 289 3rd Avenue, and 1209 Lexington Avenue, Carnegie Hill, Manhattan on January 24, 2025.

SMA Equities and Jan Soleimaini borrowed $23.7 million from Safra National Bank and Jan Soleimani for 29 West 30th Street, Penn Plaza, Manhattan on January 08, 2025.

SMA Equities borrowed $28.9 million from Safra National Bank for 254 Broome Street, 248 Broome Street, 252 Broome Street, and 250 Broome Street, Lower East Side, Manhattan on December 09, 2024.

Forrest Partners sold 254 Broome Street, 248 Broome Street, 252 Broome Street, and 250 Broome Street, Lower East Side, Manhattan for $15.9 million to SMA Equities on December 09, 2024.

SMA Equities sold 305 Broome Street, Lower East Side, Manhattan for $11.8 million to Sky Management on September 30, 2024.

SMA Equities and David Moussazadeh borrowed $62 million from Bank OZK for 280 East Houston Street, None, Manhattan on March 15, 2024.

SMA Equities borrowed $70.6 million from JLL for 297 Third Avenue, Gramercy, Manhattan on January 18, 2024.

SMA Equities borrowed $7.7 million from Societe Generale for 131 Orchard Street, Lower East Side, Manhattan on November 20, 2023.

SMA Equities borrowed $9.7 million from Societe Generale for 305 Broome Street, Lower East Side, Manhattan on November 20, 2023.

SMA Equities and David Moussazadeh borrowed $18.4 million from Safra National Bank for 280 East Houston Street, None, Manhattan on October 14, 2022.

Latest Stories:

• SMA Equities signs $31.2M refi with Safra National Bank for five properties in Manhattan (January 27, 2025)

• Sky Management pays $11.8M to SMA Equities for 22-unit walkup in Lower East Side (October 01, 2024)

• SMA Equities signs $70.6M refi for newly built 108-unit rental in Gramercy (January 19, 2024)

• SMA Equities signs $17.4M refi with Societe Generale for two LES walkups (November 21, 2023)

• SMA Equities, partners pay $36.8M to Hirsch family for dev site in Alphabet City (October 17, 2022)

• SMA Equities signs $39M construction loan with Bank Leumi in Gramercy (July 08, 2021)

• SMA Equities borrows $16M from Citi Real Estate Funding Inc. for property in Lower East Side{ (February 04, 2021)

• SMA Equities buys $5M in air rights for development in Gramercy (June 10, 2020)

• SMA Equities obtained financing of $23M from CIT Bank (August 27, 2019)

Court Records:

To see the 1 case for this person you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply