Focused and proactive, our long-term strategy maximizes profitability for our financial partners and ourselves.
Superior Performance Post-modern trophy properties [450 Lexington Avenue], boutique historic buildings [1619 Broadway, The Brill Building], well located office towers primed for refurbishment and repositioning [1412 Broadway] — the MHP Acquisitions Group has established a new standard for realizing value and maximizing returns. Whether evaluating from a long-term perspective [over 150 properties with an aggregate value exceeding $10 billion] or examining more recent activity [last 18 realized investments generated a gross IRR of 39% representing a return of over 2 times invested capital], MHP continues to attract new institutional and high net worth clients as well as institutional co-investment partners by outperforming ordinary expectations.
Investment Partners HNA, Credit Suisse, The Carlyle Group, Jamestown Properties, Westbrook Partners, Societe Immobilier Trans-Quebec (SITQ), Milestone Group, Blackacre Capital Management (Cerberus), Olympus Real Estate Partners, Principal Real Estate Investors, Citibank N.A., J.E. Robert Companies, Heller Financial, Sterling Equities Inc., Bankers Trust Company, Lennar Partners (Atlanta), General Electric Capital Corp, ING Realty Partners L.P., Lubert-Adler Realty Management, Inc. and Seavest.
Representative Properties 1180 Sixth Avenue, One Park Avenue, 1250 Broadway, One Pepsi Way, 1412 Broadway, 509 Fifth Avenue, 30 Broad Street, 1450 Broadway, 270 Madison Avenue, 417 Fifth Avenue, 15 East 26th Street, 1619 Broadway, 633 Third Avenue, 450 Lexington Avenue, 135 West 50th Street, 370 Lexington Avenue, 485 Seventh Avenue, 225 Fifth Avenue, 83 Maiden Lane, 22 Cortlandt Street
At any point in time, MHP is actively evaluating the turnaround potential of multiple properties in the New York City marketplace. By consistently identifying properties with untapped potential (significant vacancies, management neglect, business districts in transition…), we have established a proven business model that is respected throughout the industry.
Large institutional investors have come to rely on our real time market intelligence when the subject is New York City commercial real estate. Our ability to manage every stage of the process – from initial due diligence and engineering studies to full lease up and management of the property – is particularly beneficial when pursuing time sensitive “off market” transactions.
Surety of Closure
By establishing a unique niche in the market, MHP has been the guiding force in the acquisition and disposition of nearly $11 billion worth of commercial real estate — an investment history that continues to pay dividends. Quite often, MHP is approached before a property reaches the general market, as sellers know that we have the in-house due diligence capabilities, as well as the financial clout to close the deal.
With over 150 properties bought and sold since our inception, MHP has garnered and solidified many mutually beneficial business relationships, from global investment banks to local service vendors. This well documented track record has furnished the next generation of MHP executives with the insight to act immediately when opportunities arise and the foresight to create opportunities where none existed previously.
Murray Hill Properties offers commercial real estate investors from across the globe, an opportunity to partner with a full service firm capable of overseeing all asset management and leasing responsibilities. We currently own, lease, and manage in excess of 6 million square feet of commercial real estate representing over $450 million of total invested capital. To discuss the full range of our acquisition/disposition services, please contact:
Norman Sturner, Principal, at 212-763-3507 or firstname.lastname@example.org
Kamyar Haimof, Principal, at 212-763-4415 or email@example.com