Olshan Properties
Olshan Properties is a privately owned, family-controlled commercial real estate firm founded in 1959, owning and managing approximately 23 million square feet of retail, office, residential, and hotel properties across 11 U.S. states through dedicated in-house operating divisions.
- Company typePrivate
- Founded1959
- HeadquartersNew York, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Olshan Properties does
Olshan Properties is a privately owned, family-controlled commercial real estate firm founded in 1959 by Morton Olshan and headquartered at 600 Madison Avenue, New York. The company develops, acquires, and self-manages a diversified portfolio of retail, office, multifamily residential, and hotel properties across 11 U.S. states, totaling approximately 23 million square feet, 14,000 multifamily units, and 1,447 hotel rooms, supported by a staff of more than 1,000 employees. Core assets include the 12,000-unit Parkchester complex in the Bronx, Fair Oaks Mall in Virginia, The Greene Town Center in Ohio, Hilton Marco Island Beach Resort & Spa, Hilton Columbus at Easton, Canopy by Hilton Boston Downtown, and 99 Hudson Street in Tribeca, with hotel operations executed through the in-house OHMI platform established in 1986 and operating under Hilton and Marriott flags.
The business model is multi-stream: (1) recurring rental income from retail, office, and residential assets; (2) hotel operations revenue including rooms, food and beverage, and event services; and (3) asset management and fund partnership revenue, with the company serving as General Partner of the Longview and RCG Longview series of debt and equity funds and Normandy Venture Partners, through which approximately $4.7 billion in commercial real estate investments have been deployed over 12 years. Go-to-market is direct sales-led, with dedicated retail leasing contacts (Ken Marshall, TJ Drought) and property management teams handling leasing, tenant relations, and asset management across the portfolio.
Governance is family-led under Chairman Andrea Olshan, with second-generation professional management: CEO Zachary Bornstein (formerly Goldman Sachs and head of Capital Markets) and Executive Managing Director Michael Odell (formerly Barclays Capital, CIBC World Markets, Gramercy Capital) lead operations. Strategic partnerships span more than three decades with institutional co-investors and operators including Kimco Realty, Simon Property Group, Malkin Holdings, One Liberty Properties, BRT Realty Trust, O'Connor Capital Partners, Georgetown Group, Normandy Real Estate Partners, and Steiner & Associates, providing co-investment, financing, and operating leverage across the platform.
Olshan Properties firmographics
Firmographics- Name
- Olshan Properties
- Legal name
- Mall Properties, Inc.
- Website
- https://olshanproperties.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Olshan Properties is a privately owned, family-controlled commercial real estate firm founded in 1959, owning and managing approximately 23 million square feet of retail, office, residential, and hotel properties across 11 U.S. states through dedicated in-house operating divisions.
- Ownership category
- akta.pro rank
Olshan Properties industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Real Estate Property Managers (53131), Portfolio Management and Investment Advice (52394), Other Activities Related to Real Estate (531390)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
- akta.pro secondary industry
- Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)
Keywords
Where Olshan Properties is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Olshan Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Commercial Real Estate Rental Income: Rental income from retail, office, and residential properties across 11 states. Portfolio includes anchored community centers, urban retail, power centers, high-rise class A office, mixed-use and suburban formats.
- Hotel Operations Revenue: Revenue from hotel management including full service, resort and limited service properties carrying Marriott and Hilton flags. Includes room rentals, food and beverage, and event services.
- Asset Management and Fund Partnership Revenue: General Partner of Longview and RCG Longview series of debt and equity funds as well as Normandy Venture Partners. Revenue from management fees and carried interest on $4.7 billion in commercial real estate investments.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Olshan Properties product offering
Product offeringCore offering
Olshan Properties owns, develops, acquires, and self-manages a diversified portfolio of commercial real estate spanning approximately 23 million square feet across 11 states, including regional and community retail centers, Class A and mixed-use office space, full-service and select-service hotels under Hilton and Marriott flags, and 14,000 multifamily residential units. The firm also serves as General Partner of the Longview, RCG Longview, and Normandy Venture Partners funds, deploying approximately $4.7 billion in commercial real estate capital.
Product overview
Olshan Properties operates as a diversified commercial real estate firm offering a portfolio of distinct property types rather than a unified software product. The portfolio spans four main categories: (1) Retail properties including regional malls (Fair Oaks Mall), community and neighborhood shopping centers (Akers Mill Square, Siegen Lane Marketplace, The Gate at Manhasset), and power centers across 11 states; (2) Multifamily residential properties including the landmark 12,000-unit Parkchester complex in the Bronx, urban high-rise and garden-style apartments in NYC (various addresses) and Ohio (The Greene Luxury Apartments); (3) Office properties including the 99 Hudson Street Tribeca asset, Offices at The Greene Town Center, and Parkchester Office; and (4) Hotel properties operated under Hilton and Marriott brands including full-service resorts (Hilton Marco Island Beach Resort & Spa, Hilton Columbus at Easton), select-service hotels (Aloft, Courtyard, Residence Inn at Easton), and boutique properties (Canopy by Hilton Boston Downtown). The company also manages harvested/disposed properties historically.
Differentiator
Problem solved
Functional benefit
Products and services
- Parkchester Residential Complex
Quantifiable outcome
- Over 23 million square feet of commercial real estate owned and/or managed
- +2 more outcomes
Companies that use Olshan Properties
Customer profileNamed customers6 records
Segments1 record
Ideal customer profiles2 records
Olshan Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Olshan Properties partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- BLDGminorBLDG Management is a real estate company controlled by Lloyd Goldman. Partnership in various residential and commercial property joint ventures.
- The Feil OrganizationminorNew York City based real estate development and management firm with over 26 million square feet of retail, commercial and industrial properties and 5,000+ residential rental units. Partnered in various residential and commercial property joint ventures and founding members of the RCG Longview series of debt and equity funds.
- Winter PropertiesminorEstablished in 1989 to preserve historic structures in the Atlanta-metro area. Partnered on numerous office, multifamily and condominium properties in Georgia and North Carolina.
- Kimco RealtyminorKimco Realty Corporation (REIT) owns and operates North America's largest portfolio of neighborhood and community shopping centers. Olshan Properties has been a partner for over thirty years, originally in acquisition and disposition of City Stores and currently in two retail developments in Philadelphia, PA.
- Malkin HoldingsminorEstablished in 1934, Malkin Properties owns and manages over 14 million square feet of office, retail, residential and warehouse/distribution properties in 15 states. Partners for over thirty years, most notably in the acquisition and re-development of the B. Altman portfolio.
- Georgetown GroupminorFounded in 1975, real estate owner, developer and joint venture partner in significant markets throughout the United States. Partnered on various New York City commercial and residential properties as well as the 1.7m square foot Easton Town Center in Columbus, Ohio.
- O'Connor Capital PartnersminorOver the past 25 years, has acquired or developed more than $20 billion of property on behalf of various investment funds, institutional clients, and its own account. Partnered on various ventures including the development of the Westchester Mall and the acquisition and redevelopment of Parkchester in the Bronx.
- One Liberty PropertiesminorEstablished in 1982, self-administered and self-managed REIT (NYSE: OLP) owning and managing 94 properties in 29 states for nearly 5.5m square feet. Partnered on the acquisition of a portfolio of top tier multiplexes throughout the country.
- Simon Property GroupminorSimon Property Group (NYSE: SPG) is an S&P 500 company and the largest real estate company in the U.S., owning or having interest in 391 retail real estate properties comprising 261 million square feet of GLA. Olshan Properties co-developed and remains a significant partner in the Westchester Mall in White Plains, NY.
- Steiner & AssociatesminorEstablished in 1993, partnered with Olshan Properties to co-develop 7.4 million square feet of retail and mixed-use space.
Scale indicators9 records
Recent moves7 records
Expansion highlights4 records
Olshan Properties competitors and assessment
Company assessmentDirect peers
- Vornado Realty Trust: NYSE-listed REIT focused on Manhattan office and high-street retail, plus theMART merchandise mart business. Comparable to Olshan's NYC office (99 Hudson) and Manhattan multifamily holdings.
- Kimco Realty: Largest publicly traded owner of neighborhood and community shopping centers in North America. Olshan has been a Kimco partner for over 30 years on retail acquisitions and developments, making it a directly comparable retail REIT peer.
- Simon Property Group: S&P 500 REIT and the largest U.S. retail real estate company, owning interests in 391 retail properties. Olshan co-developed and remains a partner in the Westchester Mall with Simon, making it a directly comparable institutional retail peer.
- Malkin Holdings: Family-controlled NYC real estate firm owning/managing 14M+ sq ft of office, retail, residential, and warehouse properties in 15 states. Olshan has partnered with Malkin for over 30 years, including the B. Altman redevelopment.
- The Feil Organization: NYC-based real estate development and management firm with 26M+ sq ft of retail, commercial, industrial, and 5,000+ residential units. Co-founding member with Olshan of the RCG Longview series of debt and equity funds and frequent JV partner.
- Normandy Real Estate Partners: Private real estate investment firm with ~$2.7B invested across 25M sq ft of commercial space, 2,500 residential units, and 1,100 hotel rooms. Olshan is a founding partner and General Partner of its venture funds.
- Steiner + Associates: Retail/mixed-use developer established in 1993 that co-developed 7.4M sq ft of space with Olshan, including Easton Town Center. Directly comparable as a private retail and mixed-use developer peer.
- Georgetown Group: Founded in 1975; real estate owner, developer, and JV partner active across major U.S. markets. Partnered with Olshan on NYC commercial/residential assets and the 1.7M sq ft Easton Town Center.
- BRT Realty Trust: NYSE-listed REIT specializing in short-term commercial real estate financing (mortgage bridge loans). Has been a frequent JV partner with Olshan on numerous transactions, directly comparable on the debt/fund side of the business.
Broad incumbents
- Brookfield Property Partners: One of the largest publicly traded global real estate operators with diversified office, retail, multifamily, and hospitality holdings. Comparable to Olshan as a broad incumbent across the same four CRE asset classes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Olshan Properties social profiles
Digital presenceOlshan Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Olshan Properties leadership team
Management profileNumber of profiles
Profiles8 records
Olshan Properties subsidiaries and ownership
Company hierarchySubsidiaries3 records
Olshan Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Olshan Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Olshan Properties
What does Olshan Properties do?
Olshan Properties owns, develops, acquires, and self-manages a diversified portfolio of commercial real estate spanning approximately 23 million square feet across 11 states, including regional and community retail centers, Class A and mixed-use office space, full-service and select-service hotels under Hilton and Marriott flags, and 14,000 multifamily residential units. The firm also serves as General Partner of the Longview, RCG Longview, and Normandy Venture Partners funds, deploying approximately $4.7 billion in commercial real estate capital.
Is Olshan Properties a public or private company?
Olshan Properties is a private company. It is classified as family owned and is currently operating.
When was Olshan Properties founded?
Olshan Properties was founded in 1959. It employs 501 to 1,000 people.
Where is Olshan Properties based?
Olshan Properties is headquartered in New York, United States, in the North America region.
How does Olshan Properties make money?
Three revenue lines are on record. Commercial Real Estate Rental Income is the primary driver. The others are hotel Operations Revenue and asset Management and Fund Partnership Revenue.
Who are Olshan Properties's main competitors?
Direct peers on record are Vornado Realty Trust, Kimco Realty, Simon Property Group, Malkin Holdings, The Feil Organization, Normandy Real Estate Partners, Steiner + Associates, Georgetown Group and BRT Realty Trust. Brookfield Property Partners is listed as a broad incumbent.
Does Olshan Properties have an API?
No public API is recorded for Olshan Properties.
What industry is Olshan Properties in?
Olshan Properties's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE), with a secondary code of BPAJANAF, Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships). Its NAICS code is 53131 and its SIC code is 6532.