Sina Mahfar

Managing Principal|Co-Founder

SMA Equities

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

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:

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 Shaer (1), Jan Soleimani (1), Charles Shafer (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 sold 186 Bleecker Street, Greenwich Village, Manhattan for $14.5 million to TARGO Capital Partners on August 17, 2022.

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

Leave a Reply