INVESTING

IN

TOMORROW
 

 
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WHAT WE DO

ABOUT

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, New York, Connecticut, and Rhode Island. These are places that deliver strong returns yet are overlooked by many large, New York City-focused investors. Amanat Properties also helps other developers raise capital to realize their own preservation projects. By attracting funds 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.


 
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GEOGRAPHIC MARKETS

Amanat Properties uncovers redevelopment opportunities in historic downtowns in the Northeast United States, next to public transit, universities, and hospitals. These areas demonstrate favorable long-term supply and demand dynamics.

  • PROVIDENCE, RI

  • NeW HAVEN, CT

  • WESTCHESTER, NY

  • Hoboken, NJ

  • Jersey City, NJ

  • Newark, NJ

  • New Brunswick, NJ

  • PRINCETON, NJ

 
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Amanat Properties specializes in bringing high quality residential assets to market, including multifamily and condominiums. We purchase historic townhouses, multifamily buildings, and mixed-use buildings with opportunities for renovation, expansion, conversion, or infill new construction. We look for properties built before the 1950s, with deferred maintenance or poor operations in order to negotiate competitive prices from sellers. We take advantage of deep local relationships to pursue deals directly from owners and banks, and through auctions. Total transaction sizes are $2.0 to $20M. Once we identify a property, we are able to move quickly to closing because of strong financing relationships, efficiently improve or redevelop it over a 1 to 2 year development period, and then bring it to market with a hyper-local leasing or sales strategy. In the case of multifamily, we typically hold assets for 5 years, refinancing within 1 year.


HOW WE WORK

APPROACH

ASSET CLASSES

Multifamily, Condominium

 

STRATEGY

Renovation, Expansion, Conversion, Infill New Construction


VINTAGE

prior to 1950s


Transaction size

$2.0-$20M


TYPICAL DEVELOPMENT PERIOD

1-2 Years


TYPICAL HOLD PERIOD

5 Years

 
 
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WHO WE ARE

FOUNDER

Amanat Properties was founded by Atif Z. Qadir, AIA in 2017. Atif is a licensed architect with 12 years of development, construction, and architecture experience from top New York City firms, including Extell Development, Turner Construction, and Gwathmey Siegel Kaufman & Associates Architects. He is an alumnus of MIT's School of Architecture and Planning and Columbia Business School. He is also experienced in local government, serving as a City Planning Commissioner in Hoboken.

After a decade of working in New York City, Atif saw how historic properties and secondary markets deliver superior returns for investors, while offering the opportunity to work on improving small cities. Atif started Amanat Properties to pursue these projects and chose his grandfather's name for his company. Amanat means "something held in safe keeping" in the Urdu language and that is how Atif approaches each of his projects. This values-based perspective is a key component to Amanat Properties' growth.

Amanat Properties assembles locally-based, highly-skilled teams for each project. Collaborators include joint venture partners with decades of successful projects and deep local roots, innovative architects and consultants who maximize a building's potential, creative general contractors that bring a vision into reality, banks that focus on real estate, and investors who believe that attractive financial returns and community building can go hand-in-hand.

Our values-based perspective and local focus differentiates us.


COLLABORATORS    

We collaborate with fantastic people that share our perspective and focus. Please connect with us if that sounds like you.                                                                                                                             

  • CMA REAL ESTATE

  • B&D HOLDINGS

  • HANINI GROUP

  • MAGYAR BANK

  • Brave people

  • WEICHERT REALTORS

  • CHELSEA & CO BUILDERS

  • UNIVERSITY ISLAMIC FINANCIAL

  • ASSurance title services

  • A MASON GROUP

  • Turp, Coates, Driggers & White

  • E-TITLE SOLUTIONS

  • RG PROPERTIES

  • KIRK MITCHELl RA

  • SKYE MANAGEMENT

  • SIGNATURE BANK

  • BILOW ENGINEERING

  • Murphy partners

  • Pinpoint inspection & testing

  • Vaziri real estate                                                                                       

 
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