Simin Mahfar
SMA Equities
185 Great Neck Rd #250, Great Neck, NY 11021
SMA Equities NYC portfolio
$462.2 million -elevator 45%, office 19%, walkup 13%; Manhattan 89%, Queens 9%*
482th largest portfolio by dollar value
597,835 sqft – elevator 42%, D7 18%, office 18%; Manhattan 86%, Queens 13%
731th largest by SF
21 properties – Manhattan 93%, Brooklyn 3%, Queens 3%
481th largest
575 residential units – Manhattan 84%, Queens 15%
537th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Borrower signatory: 2 for $33 million
Top Ten Associated Companies:
Safra National Bank (1), JPMorgan Chase (1)
Top Ten Associated People:
Stephan Mazzacca (1), Charles Shafer (1)
Recent activity as signatory:
• SMA Equities borrowed $1.9 million from JPMorgan Chase for 718 Lorimer Street on September 16, 2025.
• SMA Equities borrowed $31.2 million from Safra National Bank for 1224 Lexington Avenue on December 20, 2024.
Latest Stories:
• SMA Equities pays $3.5M to Meadow Partners for 5-unit walkup in Williamsburg (September 24, 2025)
• SMA Equities signs $39M construction loan with Bank Leumi in Gramercy (July 08, 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)
