Simin Mahfar
SMA Equities
185 Great Neck Rd #250, Great Neck, NY 11021
SMA Equities NYC portfolio
$567.3 million* – elevator 37.0%, office 17.0%; Manhattan 92.0%, Queens 7.0%
312th largest portfolio by dollar value
601,372 sqft – elevator 42%, D7 18%;
537th largest by SF
30 properties – Manhattan 96%, Queens 3%
315th largest
570 residential units – Manhattan 84%, Queens 15%
408th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Borrower signatory: 1 for $31.2 million
Top Ten Associated Companies:
Top Ten Associated People:
Stephan Mazzacca (1), Charles Shafer (1)
Recent activity as signatory:
• 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.
Latest Stories:
• 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)