WHAT WE DO
Amanat Properties is a real estate development company based in New Jersey. We look for opportunities to acquire and redevelop properties with rich architectural heritage in secondary markets in New Jersey. These are places that deliver strong returns yet are overlooked by many large, New York City-focused investors. As a consultant, Amanat Properties helps other developers underwrite, research, market and raise capital to realize their own preservation projects. By attracting investment to these urban areas for the rehabilitation of existing buildings and for smart infill development, we firmly believe that we can help keep small cities vibrant and livable.
Our goal is to invest in tomorrow.
Amanat Properties uncovers redevelopment opportunities in historic downtowns in New Jersey, near transportation, universities and hospitals. These areas demonstrate favorable long-term supply and demand dynamics.
Jersey City, NJ
Amanat Properties specializes in bringing high quality assets to market, with a focus on condominiums, multifamily and mixed-use. We purchase small-scale properties, including historic townhouses and apartment buildings. We look for architecturally significant properties built before the 1950s, with deferred maintenance, subpar operations, poor renovations, and under-built zoning envelopes. Total transaction sizes range from $2.0 to $4.0M. We take advantage of deep local relationships to pursue deals directly from brokers, owners and banks and through auctions. Once we identify a property, we are able to move quickly to closing because of strong investor and lender relationships. Amanat Properties’ business plan is to renovate, repurpose, expand and restore assets. We focus on efficient CAPEX plans with a 1 year development period. In the case of rental properties, we typically hold assets for 5 years.
HOW WE WORK
Condominium, Multifamily, Mixed-Use
Prior to 1950s
Renovate, Repurpose, Extend & Restore
WHO WE ARE
Atif Z. Qadir, AIA is a licensed architect with 13 years of development, construction and architecture experience from top New York City firms, including Extell Development, Turner Construction, and Gwathmey Siegel Kaufman & Associates Architects (firm formerly known as Gene Kaufman Architect PC). He is an alumnus of MIT's School of Architecture and Planning and Columbia Business School. He is also active in the local community.
Atif assembles locally-based, highly-skilled teams for each project. Collaborators include a co-general partner with decades of successful projects, innovative consultants who can maximize a historic building's potential, lenders that focus on redevelopment, and investors who believe that attractive financial returns and community building can go hand-in-hand. Amanat means "held in trust" in the Urdu language and that is how Atif sees each of his projects.
Our local focus and values-based perspective differentiates us.
We collaborate with fantastic people that share our perspective and focus. Please connect with us if that sounds like you.
CMA REAL ESTATE
CHELSEA & CO BUILDERS
UNIVERSITY ISLAMIC FINANCIAL
ASSurance title services
A MASON GROUP
Turp, Coates, Driggers & White
KIRK MITCHELl RA
Pinpoint inspection & testing
Vaziri real estate