Globe St Recognizes Mortar as One of Top Multifamily Influencers
The multifamily sector could not be having an easier and more fruitful 2021. Rents are climbing, investment sales are proliferating and occupancies are strong. Navigating such an environment, one might think, is an easy prospect and to be sure it is always better to be doing business in flush times. However, it still takes skill and sector knowledge to drive a deal home—some of the qualities we look for as we choose our annual influencers in this space. Other qualities we seek out are around achievements and the impact an individual, team or company has had on the industry. We trust you will agree that the following pages will reflect those attributes
Here is our selection of 2021 multifamily influencers across individuals, teams and companies.
THE MORTAR GROUP
Since 2004, the Mortar Group has achieved return profiles that average 18% annually. Upon observing the robust, high-demand New York City multifamily market, the Mortar Group plans to leverage its investment team and generate superior risk-adjusted returns by managing, remodeling, leasing and/or selling primarily multifamily properties located in attractive New York City boroughs. Within recent years, the Mortar Group has achieved various accomplishments, such as Frost, a new 10-unit residential building located in Brooklyn. The project exemplifies the firm’s approach to architecture and development by uniquely tailoring each living space to meet the needs of modern families. The Mortar Group also recently developed a boutique condominium in Manhattan’s Hell’s Kitchen neighborhood, which features a unit mix of three-bedroom floorplans, a ground-floor duplex and a studio.