What Rabina does

Rabina is a third-generation, family-owned real estate investment, development, and management firm founded in 1956 by Zrubavel Rabina and headquartered at 505 Fifth Avenue in New York City. The firm operates as a fully integrated platform spanning investment, ground-up development, asset management, and property management, with a cumulative portfolio of more than 30 million square feet of residential, office, retail, industrial, and mission-critical assets developed, acquired, or owned across 20 U.S. states. Its current disclosed development pipeline exceeds $3 billion and includes trophy mixed-use supertalls (520 Fifth Avenue), mixed-income urban towers (Downtown Brooklyn, Long Island City), luxury residential (393 West End Avenue), and large-scale flex/industrial master plans (Vancouver Innovation Center).

Revenue is generated through four primary streams: recurring rental income from owned residential, office, retail, and industrial properties; one-time proceeds from condominium and developed-asset sales; development fees and promote equity returns from joint venture partnerships with institutional developers including Related Group, Lonicera Partners, World Wide Group, Park Tower Group, and Rose Associates; and managed services revenue from its affiliated Sentinel Data Centers subsidiary, which has built, owned, and managed over 2 million square feet of mission-critical facilities for 100+ healthcare, pharmaceutical, and technology tenants with over $2 billion of asset value. Capital is sourced from institutional lenders including KKR and through JV equity, with go-to-market executed via direct enterprise leasing/sales teams for end users and channel-style JV partnerships for major development projects.

The firm has no proprietary technology stack, AI/ML capabilities, patents, or app products, and operates as a traditional real estate organization. Leadership spans second and third-generation family members (Mickey Rabina as Founder & Chairman, Josh Rabina as President & CEO) alongside recruited senior executives from Macklowe Properties, Credit Suisse, JLL, Holland & Knight, and Corigin, supporting a vertically integrated development capability from acquisition and design through construction, leasing, and ongoing asset management.

Name

Rabina

Legal name

Rabina, LLC

Website

https://rabina.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

11–50 employees

Short description

Rabina is a third-generation, family-owned real estate investment, development, and management firm based in New York City that develops, owns, and manages residential, office, retail, industrial, and mission-critical data center assets across the United States through direct investment and institutional joint ventures.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Property Rental Income: Rabina generates recurring revenue from residential, office, retail, and industrial rental properties across its portfolio. The company manages institutional-quality assets throughout the United States and abroad, with properties including multifamily rentals, office buildings, and flex/industrial spaces.
2. Property Development and Sales: The firm develops residential and commercial properties for sale, including condominium units and developed assets. Development projects include mixed-use towers, master-planned communities, and build-to-suit properties, generating one-time transaction revenue upon sale or lease-up completion.
3. Joint Venture Development Fees: Rabina earns development fees and promotes equity returns through joint venture partnerships with institutional developers on major projects across the country, including partnerships with Related Group, Lonicera Partners, World Wide Group, and others.
4. Data Center Operations (Sentinel): Through Sentinel Data Centers, an affiliate company, Rabina operates mission-critical data center facilities serving healthcare, pharmaceutical, and tech tenants. Sentinel has built, owned, and managed over 2 million square feet of data center facilities.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Rabina is a fully integrated real estate investment, development, and management firm that acquires, develops, owns, and operates institutional-quality residential, office, retail, industrial, and mission-critical data center assets across the United States. The firm invests through direct acquisitions, joint ventures with institutional developers, and ground-up development of mixed-use towers and master-planned communities, while also providing ongoing asset and property management for its portfolio.

Product overview

Rabina is a fully integrated real estate investment, development, and management firm offering a diverse portfolio of institutional-quality assets across residential, office, retail, mission-critical (data centers), and industrial product types. The company operates through multiple distinct product lines: core portfolio assets (including office buildings like 110 Fifth Avenue, residential properties like 85 Fourth Avenue, retail properties like 500 Collins Avenue, and industrial assets like 26/28 Millbury), development projects (mixed-use towers such as 520 Fifth Avenue, 55 Willoughby Street, and residential redevelopments like 393 West End Avenue), Sentinel Data Centers (mission-critical data center facilities), and joint venture projects with partners like Related Group, Lonicera Partners, and World Wide Group. The portfolio spans locations throughout the United States with significant concentration in New York City, South Florida, and the West Coast.

Differentiator

Problem solved

Functional benefit

Brands

• Sentinel Data Centers: Mission-critical data center real estate development, construction, ownership and management platform co-founded by Josh Rabina in 2001. Has built, owned and managed over 2,000,000 sq ft of world-class data centers for major healthcare, pharmaceutical, and tech tenants.

Products and services

• Real Estate Investment and Acquisition Services Value-add, development, and redevelopment investment services including capital market sourcing and equity deployment across residential, office, retail, industrial, and mission-critical asset classes. Targets institutional joint venture partners and capital providers.
• Real Estate Development Services Full-service ground-up development covering feasibility, design, construction, and marketing for mixed-use towers, master-planned communities, and build-to-suit properties. Serves institutional developers, lenders, and end-user tenants.
• Asset and Property Management Services Strategy implementation, execution, tenant relations, leasing, and capital projects oversight for residential, office, retail, and industrial properties across New York, South Florida, Massachusetts, and North Carolina.
• Sentinel Data Centers Mission-critical data center real estate development, construction, ownership, and management platform serving over 100 major healthcare, pharmaceutical, and technology tenants with more than 2,000,000 square feet of world-class data center facilities.
• 520 Fifth Avenue Supertall An 88-story, 508,000-square foot mixed-use supertall tower under construction in midtown Manhattan featuring residential condominiums, boutique trophy office space, a Moss private members club (50,000 sf), and ground-floor retail. Designed by Kohn Pedersen Fox.
• 393 West End Avenue Landmark 16-story redevelopment in Manhattan's Upper West Side Collegiate Gothic Historic District offering 75 condominium residences with amenities including a lounge, fitness center, children's cottage playroom, and private garden. Partnered with CetraRuddy.
• 15 Hanover Place A 34-story, approximately 213,000 square foot mixed-use luxury tower in Downtown Brooklyn with approximately 314 apartment units (a portion for lower-income households) and approximately 9,000 square feet of ground floor retail. Developed in partnership with Lonicera Partners.
• 55 Willoughby Street Luxury mixed-use project in Downtown Brooklyn with nearly 300 market rate and affordable residences and approximately 3,000 square feet of ground floor retail. Developed in partnership with Lonicera Partners; anticipated completion late 2025.
• QLIC Rental Tower A 421-apartment rental residence in Long Island City offering over 28,000 square feet of amenities including landscaped courtyard, rooftop pool, media lounge, game room, and fitness center. Developed by World Wide Group in partnership with Rabina and Cammeby's International Group.
• Icon Las Olas A 42-story, 272-unit luxury residential building completed in 2017 in downtown Fort Lauderdale, Florida, developed in joint venture with Related Group.
• Regatta at New River A 20-story luxury residential rental tower in downtown Fort Lauderdale featuring a resort-inspired pool, rooftop lounge with outdoor fireplace, club room, spa treatment room and sauna, and fitness center. Developed by Related Group in partnership with Rabina.
• New River Yacht Club A 26-story residential rental tower in downtown Fort Lauderdale featuring a two-story lobby, seventh-floor pool and outdoor bar, game room, and spa and fitness center. Developed by Related Group in partnership with Rabina.
• 252 East 57th Street A 65-story luxury mixed-use tower in midtown Manhattan completed in 2016, designed by SOM, situated atop two public schools with commercial retail. Developed in partnership with Rose Associates in World Wide Group's development.
• 110 Fifth Avenue Office Building An office building acquired in 1996 in Manhattan's Flatiron district, originally designed by Stanford White, holding historical significance.
• 395 Flatbush Avenue Office A 350,000 square foot office building featuring ground floor retail, located in Downtown Brooklyn.
• 500 Collins Avenue Retail A multi-story retail building built in 2004, designed by Zyscovich Architects, occupying a full block of Miami's South Beach with over 160,000 square feet.
• The Vancouver Innovation Center (VIC) A 700,000 square foot flex/light industrial building and part of a 179-acre mixed-use master plan development site in Vancouver, Washington.
• VIC North A 200,000 sf flex/industrial development accommodating contemporary production and manufacturing uses in the Vancouver/Portland metro area, conceived in collaboration with El Dorado Architects.
• 26/28 Millbury Industrial Light industrial buildings in Auburn, Massachusetts with a combined total of over 660,000 square feet.
• 85 Fourth Avenue Residential A 7-story residential building with 158 rental units in Manhattan's East Village, one of the company's early acquisitions purchased in 1962.

Quantifiable outcome

• Successfully led development of more than 4 million square feet of projects ranging from urban-core mixed-use towers to build-to-suit data centers
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Park Tower GroupcoreStrategic or Co-development Partner · 13 March 2026Joint venture partnership for a 72-story, 1,263-unit mixed-income tower development in Downtown Brooklyn. The project replaces a low-rise office building near the Manhattan Bridge and will include approximately 25% permanently affordable apartments under NYC's Mandatory Inclusionary Housing program, along with commercial and community facility space.
• World Wide GroupcoreStrategic or Co-development Partner · 4 February 2026Joint venture partner in the 421-unit QLIC rental tower in Long Island City, Queens. World Wide Group and Rabina secured a $160.2 million loan from KKR to refinance the property, which opened over a decade ago.
• Related GroupcoreStrategic or Co-development PartnerRabina partnered with Related Group of Florida on multiple luxury residential developments including Icon Las Olas (42-story, 272-unit tower in Fort Lauderdale), Regatta at New River (20-story tower), and New River Yacht Club (26-story tower).
• Lonicera PartnerscoreStrategic or Co-development PartnerRabina partnered with Brooklyn-based Lonicera Partners to develop 15 Hanover Place (34-story, ~314 apartment mixed-use tower in Downtown Brooklyn) and 55 Willoughby Street (38-story, ~300 residence mixed-use project). Secured $128M loan and JV equity for 55 Willoughby.
• Cammeby's International GroupminorStrategic or Co-development PartnerPartner in the QLIC development alongside World Wide Group and Rabina, representing a three-party joint venture for the 421-unit Long Island City rental property.
• Rose AssociatesminorStrategic or Co-development PartnerRabina partnered with Rose Associates in World Wide Group's development of 252 East 57th Street, a 65-story luxury mixed-use tower in midtown Manhattan completed in 2016.
• Wharton Industrial / Wharton Equity PartnersminorStrategic or Co-development PartnerJoint venture between Wharton Industrial (platform company of Wharton Equity Partners) and Rabina acquired an approximately 320,000 SF industrial warehouse at 475 Knotter Drive in Cheshire, Connecticut for $25,250,000.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Macklowe Properties: Family-controlled New York-focused real estate developer behind supertall and luxury condominium projects (e.g., 432 Park Avenue, One Wall Street). Highly comparable to Rabina's integrated NYC development model, leadership pedigree (former Rabina design lead Lilla Smith came from Macklowe), and trophy-asset focus.
• The Related Companies: Diversified national real estate development firm and parent of Related Group, which is a core JV partner of Rabina on multiple South Florida luxury residential projects. Highly comparable as a fully integrated, multi-product, multi-geography developer with deep institutional capital relationships.
• Midwood Investment and Development: New York-based real estate investment and development firm with a diversified multifamily and commercial portfolio. Rabina's CFO/COO Bryan Banks previously served as CFO at Midwood, underscoring operational and strategic parallels to Rabina's integrated platform.
• World Wide Group: Active New York real estate developer and core JV partner of Rabina on QLIC (Long Island City) and 252 East 57th Street. Comparable in NYC luxury residential and mixed-use development focus and partnership-driven execution model.
• Cammeby's International Group: New York multifamily owner and developer; co-developed QLIC in Long Island City alongside Rabina and World Wide Group. Directly comparable in NYC multifamily acquisition, development, and long-term ownership strategy.
• Lonicera Partners: Brooklyn-focused real estate development firm and Rabina JV partner on 15 Hanover Place and 55 Willoughby Street. Directly comparable on Downtown Brooklyn mixed-use and mixed-income development pipeline and scale.
• Rose Associates: Long-standing New York real estate development and management firm; partnered with Rabina on 252 East 57th Street. Comparable on NYC luxury residential and mixed-use development plus operating property management.
• Park Tower Group: New York-based real estate developer; co-developing the 72-story, 1,263-unit Downtown Brooklyn tower with Rabina (approved by NYC Council in 2026). Directly comparable on NYC ground-up multifamily and mixed-income development.

Emerging players

• Digital Realty Trust: Public data center REIT with a national footprint and focus on colocation and hyperscale leasing. Sentinel Data Centers is a private competitor in the same mission-critical data center segment, particularly serving healthcare, pharma, and tech tenants.

Broad incumbents

• Vornado Realty Trust: Public NYC-focused office and retail REIT. While much larger and publicly traded, Vornado's Manhattan trophy office portfolio (e.g., properties around Fifth Avenue) overlaps with Rabina's NYC office exposure and provides a comparable read on NYC office fundamentals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rabina-properties
• Instagraminstagram.com/rabina.llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rabina