Sina Mahfar
Managing Principal
Co-Founder
SMA Equities
Owner
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 $54.9 million
Top Ten Associated Companies:
Safra National Bank (2), TARGO Capital Partners (1), Jan Soleimani (1)
Top Ten Associated People:
Stephan Mazzacca (2), David Gleitman (1), Charles Shafer (1), Charles Shaer (1), Jan Soleimani (1)
Recent activity as signatory:
• SMA Equities and Jan Soleimaini borrowed $23.7 million from Safra National Bank and Jan Soleimani for 33 West 30 Street on December 26, 2024.
• SMA Equities borrowed $31.2 million from Safra National Bank for 1224 Lexington Avenue on December 20, 2024.
• SMA Equities sold 184 Bleecker Street for $14.5 million to TARGO Capital Partners on August 09, 2022.
Latest Stories:
• TARGO Capital pays $14.5M to SMA Equities for 8-unit walkup in Greenwich Village (August 18, 2022)
• 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)
