HIMMEL + MERINGOFF ® 2023
30 West 26th Street | New York, NY 10010
With our successful track record in creating value and our extensive operational property know-how, we are recognized as a trusted and reliable operating partner.
Our financial strength gives us the opportunity to make significant co-investments with our partners. With over four decades in New York acquisitions, our track record of certainty of closing provides us with a robust pipeline of acquisition opportunities and access to off-market deals.
Throughout our history, we have chosen to do some acquisitions with institutional joint venture partners. As we target larger transactions, we anticipate that these joint venture partnerships will increase.
Our entire history has been guided by the importance of partnership as our #1 core value.
We believe in an aligned partnership in which all parties share risk and reward together. The principals take a significant equity stake in every deal.
We view partnership as the highest form of relationship and value co-investment dollars exactly as we regard our own. We always make substantial co-investments with our partners.
We have purchased properties with like-minded institutional equity partners. In each instance we serve as the ventureʼs managing partner, responsible for executing the strategic plan as well as daily operation and maintenance of the property.
Our long-term strategic approach to value creation has consistently outperformed the market and has resulted in the maximization of risk-adjusted returns.