Mercer Street
Mercer Street is a New York-based real estate investment and asset management firm founded in 2016 that invests across multifamily, hospitality, office, retail, and ground-lease assets for accredited investors, with affiliate Mercer Asset Management sponsoring 1031 exchange-eligible DST offerings.
- Company typePrivate
- Founded2016
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Mercer Street does
Mercer Street is a New York-based real estate investment and asset management firm founded in 2016 that applies institutional-level acquisitions and asset management tactics to middle-market transactions. The firm operates through two legal entities — Mercer Asset Management, LLC and Mercer Street Partners Sponsor, LLC — and runs a diversified portfolio spanning hospitality, multifamily, office, industrial, retail, and ground leases, totaling more than two million square feet and 30+ properties across the United States. Its underlying technology stack is light: the firm operates a corporate Squarespace website and uses the Juniper Square investor portal for secure investor access, document distribution, and reporting to accredited investors. Distribution relies on private placement securities offerings and the affiliated Mercer Asset Management's sponsorship of 1031 exchange-eligible Delaware Statutory Trust (DST) products, which provide accredited investors with fractional, tax-advantaged interests in stabilized commercial real estate.
Mercer Street's business model is built on asset management fees, transaction fees on acquisitions and dispositions, and sponsorship/management fees from DST offerings sponsored by its affiliate. The customer base is exclusively accredited investors and qualified purchasers, accessed via direct relationships, referral networks, and the Juniper Square platform. Stated portfolio focus areas include attractive multifamily opportunities in secondary and tertiary markets, short-term discounted opportunities across asset classes, traditional and non-traditional hospitality (hotels, short-term rentals, social clubs), and ground leased fee positions, primarily on hospitality assets. The management team has collectively acquired and asset managed over $3.5 billion in real estate investments and has worked together for more than a decade, with more than $1 billion of acquisitions completed as a team.
The firm is founder/management-owned with two Managing Partners (Alex Libin and Joe LeVine), a Partner and General Counsel (David Shapiro), a Director of Finance, an Associate, a Design + Renovation Coordinator, and an AI Operations Agent — a headcount of 1–10 employees. There is no disclosed external parent, institutional capital backer, or public listing. Operating geographies are concentrated in U.S. Northeast and Southeast markets, with material concentration in Richmond, VA and select Florida metros.
Mercer Street firmographics
Firmographics- Name
- Mercer Street
- Legal name
- Mercer Asset Management, LLC and Mercer Street Partners Sponsor, LLC
- Website
- https://mercerstreetpartners.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mercer Street is a New York-based real estate investment and asset management firm founded in 2016 that invests across multifamily, hospitality, office, retail, and ground-lease assets for accredited investors, with affiliate Mercer Asset Management sponsoring 1031 exchange-eligible DST offerings.
- Ownership category
- akta.pro rank
Where Mercer Street is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mercer Street business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Asset Management Fees: Mercer Street generates revenue through asset management fees associated with managing real estate investments across their diversified portfolio. The firm applies institutional-level acquisitions and asset management tactics to middle-market transactions.
- DST Offerings Sponsorship: Mercer Asset Management, an affiliate of Mercer Street, sponsors 1031 exchange-eligible Delaware Statutory Trust (DST) offerings, providing investors the opportunity to acquire tax-advantaged, fractional interests in stabilized, institutionally managed commercial real estate. Revenue is generated through sponsorship and management fees associated with these offerings.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Mercer Street product offering
Product offeringCore offering
Mercer Street is a real estate investment and asset management firm that acquires, repositions, and actively manages middle-market commercial real estate assets across hospitality, multifamily, office, industrial, retail, and ground lease categories in U.S. secondary and tertiary markets. The firm raises capital through private placement securities to accredited investors and, through affiliate Mercer Asset Management, sponsors 1031 exchange-eligible Delaware Statutory Trust (DST) offerings providing fractional, tax-advantaged ownership of institutionally managed commercial real estate. Auxiliary services include acquisition execution and advisory work for these investment vehicles.
Product overview
Mercer Street is a real estate investment and asset management firm founded in 2016, not a technology product company. The firm's primary offering consists of real estate investment products and services, including Delaware Statutory Trust (DST) offerings through its affiliate Mercer Asset Management for 1031 exchange-eligible investments. The company's portfolio comprises diversified property investments across the United States spanning more than two million square feet, including multifamily apartment complexes (such as 2001 East Apartments, South Bank Apartments, Perry Street Lofts, Hopper Lofts, Compass at Springdale Park, Horizon at Springdale Park, Venetian Apartments, M2 at Millenia, and others), hospitality properties (Bedford Post Inn, Hilton Appleton, Wylder Windham, Quirk Hotel, Birdie's, Babblers, Bedford Post Tavern, No. 303), office buildings (Corporate Center V, 2031 Westwood Avenue, 316 West Broad Street), and mixed-use/retail properties. The firm applies institutional-level acquisitions and asset management tactics to middle-market transactions, targeting higher risk-adjusted return opportunities across diverse asset classes in secondary and tertiary markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Delaware Statutory Trust (DST) Offerings 1031 exchange-eligible investment offerings sponsored by affiliated Mercer Asset Management that provide accredited investors with the opportunity to acquire tax-advantaged, fractional interests in stabilized, institutionally managed commercial real estate.
- Real Estate Asset Management Services Active asset management of middle-market commercial real estate investments across hospitality, multifamily, office, industrial, retail, and ground lease asset classes, with institutional-level acquisitions and underwriting tactics applied to portfolio assets.
- Real Estate Acquisitions and Repositioning Services Institutional-level acquisition sourcing, underwriting, and execution for middle-market real estate transactions, coupled with active asset repositioning (design and renovation) to unlock value across hospitality and multifamily assets in secondary and tertiary markets.
- Real Estate Advisory Services Advisory services provided by Mercer Street in connection with its real estate investment and asset management activities, supporting investors with respect to middle-market real estate opportunities.
Quantifiable outcome
- Management team track record of over $3.5 billion in real estate acquisitions and asset management
- +2 more outcomes
Companies that use Mercer Street
Customer profileSegments1 record
Ideal customer profiles1 record
Mercer Street technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mercer Street partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mercer Asset ManagementcoreMercer Asset Management, an affiliate of Mercer Street, is a sponsor of 1031 exchange-eligible Delaware Statutory Trust (DST) offerings. This affiliate relationship enables the firm to provide investors with tax-advantaged investment opportunities in stabilized, institutionally managed commercial real estate through fractional ownership structures.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Mercer Street competitors and assessment
Company assessmentDirect peers
- Black Creek Group: Denver-based real estate investment manager focused on middle-market commercial real estate and DST offerings for individual investors. Highly comparable to Mercer Street's middle-market, tax-advantaged investment platform.
- Crow Holdings Capital: Dallas-based real estate investment firm with deep multifamily, industrial, and office experience across middle-market opportunities. Comparable to Mercer Street's diversified middle-market strategy and asset class breadth.
- Berkshire Group: Multifamily-focused real estate investment and asset management firm operating across U.S. secondary markets. Directly comparable to Mercer's multifamily-heavy portfolio and active asset management approach.
- AEW Capital Management: Boston-based real estate investment manager with diversified strategies across asset classes and risk profiles. Comparable in breadth of real estate exposure and institutional asset management discipline.
- Heitman: Global real estate investment management firm with strategies across equity, debt, and securities across multiple property types. Comparable for its diversified portfolio management and institutional client base.
- Basis Investment Group: Middle-market real estate debt and equity platform with active asset management focus. Comparable to Mercer Street's middle-market focus and willingness to deploy capital across multiple property types.
- InvenTrust Properties: Publicly traded retail-focused REIT whose predecessor (Inland Western) was a major DST sponsor. Relevant peer for the DST sponsorship and tax-advantaged commercial real estate exposure operated through Mercer Asset Management.
Broad incumbents
- JLL: Global real estate services and investment management firm with broad capabilities across capital markets, leasing, and asset management. Overlaps with Mercer's commercial real estate investment and repositioning activities, though at vastly greater scale.
- CBRE Global Investors: Global real estate investment management arm of CBRE, operating across core, value-add, and opportunistic strategies. Comparable for institutional asset management discipline, but operates at significantly larger AUM scale than Mercer.
- Ares Real Estate Group: Real estate investment platform of Ares Management, covering debt and equity strategies across U.S. commercial real estate. Comparable for diversified middle-market real estate exposure but operates at institutional scale with broader product offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Mercer Street financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mercer Street leadership team
Management profileNumber of profiles
Profiles7 records
Mercer Street subsidiaries and ownership
Company hierarchySubsidiaries1 record
Mercer Street funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mercer Street 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 Mercer Street
What does Mercer Street do?
Mercer Street is a real estate investment and asset management firm that acquires, repositions, and actively manages middle-market commercial real estate assets across hospitality, multifamily, office, industrial, retail, and ground lease categories in U.S. secondary and tertiary markets. The firm raises capital through private placement securities to accredited investors and, through affiliate Mercer Asset Management, sponsors 1031 exchange-eligible Delaware Statutory Trust (DST) offerings providing fractional, tax-advantaged ownership of institutionally managed commercial real estate. Auxiliary services include acquisition execution and advisory work for these investment vehicles.
Is Mercer Street a public or private company?
Mercer Street is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mercer Street founded?
Mercer Street was founded in 2016. It employs 1 to 10 people.
Where is Mercer Street based?
Mercer Street is headquartered in New York, United States, in the North America region.
How does Mercer Street make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are DST Offerings Sponsorship.
Who are Mercer Street's main competitors?
Direct peers on record are Black Creek Group, Crow Holdings Capital, Berkshire Group, AEW Capital Management, Heitman, Basis Investment Group and InvenTrust Properties. Broad incumbents are JLL, CBRE Global Investors and Ares Real Estate Group.
Does Mercer Street have an API?
No public API is recorded for Mercer Street.