Samy Mahfar is the Managing Principal and Co-Founder of SMA Equities, LLC, a New York-based real estate firm with assets in primary and secondary markets across the country. With an impressive multi-faceted portfolio, he spearheads a company that owns, manages, and develops properties reflecting a wide range of asset classes. Mr. Mahfar launched SMA Equities in 2005, but his connection with the real estate industry is rooted in his family’s company, Siyoun Mahfar & Associates Realty, Inc., (SMA Realty, Inc.) since the 1980s.
Throughout his 30 years of hands-on real estate experience, he immersed himself in nearly every facet of the business, from pouring concrete and other manual construction duties, to overseeing projects. Mr. Mahfar has been involved with everything from ground-up development to overseeing residential and commercial assets, to management and repositioning properties. His impressive real estate pedigree encompasses entrepreneurial, executive, and transactional disciplines.
A born entrepreneur, Mr. Mahfar has owned and operated several highly successful businesses; and not only in real estate, but additionally in technology, apparel, and even the food industry. Shortly after graduating with a bachelor’s degree in finance from Hofstra University, Mr. Mahfar launched Syntex Fabric Resources, which sourced fabrics around the world. With the advent of telecom deregulation in 1996, he seized upon other start-up opportunities and launched United Telecom and Broadband Centers.
In addition to an impressive industry track record, Mr. Mahfar has applied his business acumen and extensive professional experience to dozens of philanthropic endeavors. Over the years, he has donated time, services, and funds to such organizations as United Jewish Appeal (UJA), Maccabee Foundation, AIPAC, Friends of the IDF and ISEF Foundation, among others. While continuing to help those in need, he also works diligently to maintain the highest standards of services for his tenants and added value for his investors.