The SHB Group
The SHB Group is a Brooklyn-based boutique commercial real estate advisory founded in 2004 that provides debt and equity capital sourcing services for complex development transactions, serving ground-up project sponsors with structuring and placement mandates.
- Company typePrivate
- Founded2004
- HeadquartersBrooklyn, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The SHB Group does
The SHB Group is a privately held, founder-led commercial real estate advisory firm headquartered in Brooklyn, New York, founded in 2004 by Steven Hersko (President). The firm provides commercial real estate debt and equity services, with a stated specialization in complex transactions. Public disclosure is unusually sparse: the firm's website (theshbgroup.com) renders as a verification/loading page with no substantive content, and no customer roster, headcount detail beyond a 1-10 band, pricing, or productized offering is disclosed in available sources.
The firm's only documented current activity is its association with the $350 million Ombelle Fort Lauderdale development in Flagler Village — two 44-story mixed-use towers comprising residential units, retail, wellness amenities, and a luxury fitness club. Dwight Mortgage Trust provided $50 million of initial financing for this project, with the deal announced on April 15, 2026. This single reference positions The SHB Group in a capital-sourcing and deal-structuring capacity for ground-up development sponsors, rather than a principal investor or operating landlord.
The implied business model is a boutique, fee-based CRE advisory: origination, structuring, and placement of debt and equity capital for complex real estate transactions, executed by a small principal team supplemented by deal-specific collaborators. No technology platform, AI capabilities, app, API, or proprietary underwriting tool is disclosed; the firm's value capture appears to rest on the founder's relationships and structuring expertise rather than a productized or technology-enabled offering.
The SHB Group firmographics
Firmographics- Name
- The SHB Group
- Website
- https://theshbgroup.com
- Company type
- Private
- Founded year
- 2004
- Headcount range
- 1–10 employees
- Short description
- The SHB Group is a Brooklyn-based boutique commercial real estate advisory founded in 2004 that provides debt and equity capital sourcing services for complex development transactions, serving ground-up project sponsors with structuring and placement mandates.
- Ownership category
- akta.pro rank
The SHB Group industry classification
Industry- Product category
- Commercial Real Estate Advisory
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Real Estate Credit (522292), All Other Financial Investment Activities (52399)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Loan Brokers (6163), Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)
- akta.pro primary industry
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
- akta.pro secondary industries
- Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK), Debt & Structured Finance / Mortgage Brokerage (BPAJABAK), Corporate Finance & Capital Advisory (BPAHADAB)
Keywords
Where The SHB Group is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Markets served
The SHB Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
The SHB Group product offering
Product offeringCore offering
The SHB Group provides commercial real estate debt and equity services, specializing in complex transactions. The firm arranges financing and equity placement for development projects, including sourcing institutional capital partners such as mortgage trusts to fund large-scale real estate developments.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Real Estate Debt Services Advisory and arrangement of debt capital for commercial real estate transactions, including sourcing institutional lenders and mortgage trusts to fund development projects. Targeted at commercial real estate developers, sponsors, and investors undertaking complex transactions.
- Commercial Real Estate Equity Services Equity placement and advisory services for commercial real estate transactions, supporting developers and sponsors in structuring equity capital for complex development projects.
- Complex Transaction Advisory Specialized advisory services for complex, high-value commercial real estate transactions, including structuring multi-source financing and coordinating institutional capital partners.
Companies that use The SHB Group
Customer profileIdeal customer profiles1 record
The SHB Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The SHB Group partnerships and signals
Strategic signalScale indicators2 records
Recent moves1 record
Expansion highlights2 records
The SHB Group competitors and assessment
Company assessmentBroad incumbents
- CBRE Capital Markets: World's largest CRE services platform with deep capital markets debt and equity origination — competes with SHB for institutional placement mandates on large developments.
- JLL Capital Markets: Global CRE capital markets advisory (formerly HFF) arranging debt, equity, and structured financing across property types — broad incumbent competing for the same complex placement mandates.
- Newmark Group: Full-service CRE services firm with a large capital markets debt & equity advisory practice — broader portfolio but directly competes in CRE debt placement mandates.
- Ares Real Estate Group: Major CRE debt and equity capital provider; on the lender side of transactions SHB intermediates, and a competitor for direct sponsor mandates.
Direct peers
- Eastdil Secured: Premier global CRE investment banking advisor specializing in debt, equity, and structured capital markets for complex real estate transactions — directly comparable to The SHB Group's stated focus.
- Ackman-Ziff Real Estate Group: Boutique CRE capital advisory focused on debt and equity placement for complex transactions — closest in scale and business model to a Brooklyn-based SHB.
- Berkadia: CRE capital markets intermediary originating and placing commercial mortgages and equity with institutional investors — directly comparable in debt and equity placement services for CRE.
- Walker & Dunlop: Large CRE capital markets and servicing platform active in construction, permanent, and structured finance placement for multifamily and commercial properties — overlaps directly with SHB's debt advisory services.
- Marcus & Millichap: Investment real estate brokerage with dedicated capital markets and financing advisory services — comparable CRE capital markets intermediation model.
Emerging players
- Sera Capital Advisors: Newer NYC-based CRE capital markets advisor arranging debt and equity for development and value-add projects — comparable boutique emerging competitor.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
The SHB Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The SHB Group leadership team
Management profileNumber of profiles
Profiles1 record
The SHB Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The SHB Group 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 The SHB Group
What does The SHB Group do?
The SHB Group provides commercial real estate debt and equity services, specializing in complex transactions. The firm arranges financing and equity placement for development projects, including sourcing institutional capital partners such as mortgage trusts to fund large-scale real estate developments.
When was The SHB Group founded?
The SHB Group was founded in 2004. It employs 1 to 10 people.
Where is The SHB Group based?
The SHB Group is headquartered in Brooklyn, United States, in the North America region.
Who are The SHB Group's main competitors?
Broad incumbents on record are CBRE Capital Markets, JLL Capital Markets, Newmark Group and Ares Real Estate Group. Direct peers are Eastdil Secured, Ackman-Ziff Real Estate Group, Berkadia, Walker & Dunlop and Marcus & Millichap. Sera Capital Advisors is listed as an emerging player.
Does The SHB Group have an API?
No public API is recorded for The SHB Group.
What industry is The SHB Group in?
The SHB Group's product category is Commercial Real Estate Advisory. Its primary akta.pro industry code is BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing), with a secondary code of FSAEAJAK, Real Estate Capital Markets Brokerage (Debt & Equity Placement). Its NAICS code is 5312 and its SIC code is 6211.