Name

The Marcal Group LLC

Legal name

The Marcal Group

Website

https://themarcalgroup.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Development and Construction

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210), Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ), Multifamily Brokerage (BPAJABAD), Real Estate Buyer Representation (FSAEAJAG)

Keywords

• Real estate development
• Property management
• Construction services
• Medical facility development
• Commercial real estate

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Real Estate Development: Ground-up development and construction of residential, commercial, medical, and mixed-use properties. Revenue generated from sale or lease of completed developments.
2. Property Management: Management of over 5 million square feet of properties generating recurring rental income and management fees.
3. Real Estate Syndication: Acquisition and repositioning of underperforming assets through syndicated real estate deals, generating transaction fees and equity returns for investors.
4. Construction Services: General contracting and construction management services for high-profile and specialty projects on behalf of city agencies and developers.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

The Marcal Group LLC is a real estate development and construction firm that acquires, repositions, develops, and manages residential, commercial, medical, and mixed-use properties across the U.S. East Coast. It operates as both a real estate syndicator and a design-build constructor, delivering end-to-end services from acquisition and permitting through construction, leasing, and ongoing property management, with specialized expertise in Article 28 medical facilities and affordable housing developments.

Product overview

The Marcal Group LLC is a diversified real estate development company offering a unified suite of property development, construction management, and property management services. The company's core offerings include real estate syndication, ground-up development, design-build construction, and property management across residential, commercial, medical, and retail sectors. Key named products and services include: Corner Office NYC (all-inclusive shared office space), MedWorks (short-term medical space), and their Construction Projects Portfolio. Their Property Portfolio encompasses Residential developments (843 Lexington, One Sixteen), Commercial properties (33 Washington Street, 570 Broad, 2361 Nostrand), and Medical facilities (Calko Medical Center, Pelham Bay Professional Center). The company has successfully purchased and repositioned over $250 million in properties with over 5 million square feet currently under management.

Differentiator

Problem solved

Functional benefit

Brands

• Calko Medical Center: A pioneering 9-story, 140,000 sq. ft. specialty medical facility at 6010 Bay Parkway, Brooklyn, NY - likely the largest privately operated state-approved Article 28 multi-specialty surgery and ambulatory care center.
• Corner Office NYC
• MedWorks

Products and services

• Real Estate Development Services
• Construction and Design-Build Services
• Property Management Services
• Corner Office NYC
• MedWorks
• Calko Medical Center

Quantifiable outcome

• Over $250 million in residential, medical, and office properties successfully purchased and repositioned
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• Frontier FinancialcoreStrategic or Co-development PartnerNational management division expanding company's significant holdings portfolio to new markets across the East Coast, including office and residential complexes in Pennsylvania, Virginia, Georgia, Florida and Maryland
• The Berger OrganizationflagshipStrategic or Co-development PartnerStrategic partnership for development projects including 570 Broad Street in Newark's business district and 765 Broad Street repositioning as upscale Class-A office building
• READ Property GroupcoreStrategic or Co-development PartnerPartnership with READ Property Group alongside Berger Organization for 765 Broad Street repositioning project generating like-minded goals through various assets and holdings
• E and M AssociatescoreStrategic or Co-development PartnerFrequent partnership with E and M Associates for ground-up residential projects including 2514 Albemarle development and Cornaga project
• Community Preservation Corporation (CPC)flagshipStrategic or Co-development PartnerRecognized industry leader collaborating on design, build, and management of affordable housing and institutional buildings. Joint venture partner on Madison Putnam $15.3 million affordable housing project
• Maimonides Medical CentercoreStrategic or Co-development PartnerStrategic partnership for medical facility development including pioneering Calko Medical Center project and ongoing medical space development
• NYC Housing Preservation & Development (HPD)flagshipStrategic or Co-development PartnerPartnership with NYC HPD for affordable housing initiatives, construction of institutional buildings, and urban development projects including Cornerstone/Madison Putnam project
• CPC Resources, Inc. (CPCR)flagshipStrategic or Co-development PartnerJoint venture partner on Madison Putnam affordable housing project valued at $15.3 million, developed under Mayor Bloomberg's New Housing Marketplace Plan
• East Brooklyn Congregations (EBC)coreStrategic or Co-development PartnerPartner in Madison Putnam affordable housing project, working with church officials and community organizations
• Sharp Management Co.minorOthersTenant at 3003 Avenue J commercial building

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Brodsky Organization: Long-standing NYC-based real estate development, investment, and management firm with a sizable multifamily and commercial portfolio. Comparable to Marcal on geographic concentration in NYC, vertical integration across development/management, and mixed residential/commercial focus.
• A&E Real Estate Holdings: NYC-focused multifamily owner-operator managing thousands of units and substantial square footage. Comparable on scale of managed residential units, NYC concentration, and value-add/repositioning model.
• L+M Development Partners: NYC-based developer of affordable, mixed-income, and market-rate multifamily housing, frequently partnering with HPD, CPC, and community organizations. Comparable to Marcal through shared NYC focus, public-sector affordable housing partnerships, and ground-up residential pipeline.
• The Chetrit Group: NYC-based real estate investment and development firm active in multifamily, commercial, and mixed-use repositioning. Comparable to Marcal on asset repositioning, syndication of deals to investors, and NYC multifamily exposure.
• BFC Partners: NYC-focused affordable and mixed-use developer active in HPD-financed projects in Brooklyn and the Bronx. Comparable on NYC geography, affordable-housing joint ventures with CPC/HPD, and ground-up residential development.
• Douglaston Development / Clinton Management: NYC-based developer and property manager of mixed-income housing, commercial, and community facilities. Comparable to Marcal on NYC development focus, affordable housing participation, and bundled development/management operations.

Others

• FD Holdings (Camber Real Estate): NYC multifamily owner-operator with a large portfolio of repositioned residential assets. Comparable as an adjacent East Coast residential repositioning operator, though more passive than Marcal's vertically integrated model.

Emerging players

• Lettire Construction Corp. NYC general contractor and developer with experience in ground-up residential, commercial, and institutional projects. Comparable to Marcal's construction division and design-build execution on high-profile NYC projects.
• Denham Wolf Real Estate Services: NYC-based firm focused on nonprofit and institutional real estate including ground-up development, asset management, and leasing. Comparable to Marcal's institutional project work with HPD/CPC and medical/institutional development.
• Monadnock Construction: Mid-sized general contractor and design-build firm with NYC institutional, affordable housing, and commercial projects. Comparable to Marcal's design-build construction arm and NYC institutional client base, though smaller as a developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about The Marcal Group LLC