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Real Estate Services

SMA Equities is a real estate investment firm that develops, owns and manages a diverse group of properties around the country. From prewar buildings on the Lower East Side of New York City, featuring residential units and grade level retail, to gigantic mixed-use complexes in Texas and some other southern states, the firm has been building, renovating and improving assets for over 30 years. Founded in 1986, it has a penchant for adding value to less than optimally performing assets and making functioning ones even more profitable.In most cases, investment and management strategies are spearheaded by the Mahfar family. Industrious, committed and loyal, the Mahfars moved to the United States in the early 1970s from Iran and have since achieved the American Dream. A large and tight-knit group, the patriarch of the family began investing in real estate shortly after relocating to Long Island, New York. Since then, the family has collectively invested, developed and created value through real property. Today, it owns nearly 5 million square feet of real estate assets across the country.






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