INVESTING IN TOMORROW

INVESTING
IN
TOMORROW

WHAT I DO

ABOUT

I am a real estate developer and registered architect with deep financial and policy experience and a strong interest in technology and how it is radically shaping the future of my industry. I founded Amanat Properties to redevelop historic residential properties. I assemble locally-based, highly-skilled teams for each project, including innovative consultants who can maximize a historic building's potential, lenders who specialize in redevelopment opportunities and investors who believe that attractive financial returns and community building can go hand-in-hand. Amanat means "held in trust" in the Urdu language and that is how I see each of my projects. Through my work, I make the places around me more beautiful, more livable and more accessible for all.

Investing in tomorrow.

GEOGRAPHIC LOCATIONS

I uncover redevelopment opportunities in historic downtowns in New Jersey, near transportation, universities and hospitals. These areas demonstrate favorable long-term supply and demand dynamics.

HUDSON COUNTY, NJ
MIDDLESEX COUNTY, NJ
MERCER COUNTY, NJ

Unbeatable location and market disparities that offer opportunity.

Object 3
Location

Object 2
Location

Object 1
Location

826 Hudson - Hoboken, New Jersey

HOW I WORK

APPROACH

I focus on redeveloping historic properties, particularly residential and mixed-use. I look for architecturally significant townhouses, apartment buildings and commercial buildings built before the 1920s, with deferred maintenance, subpar operations, poor renovations and under-built zoning envelopes. Total budgets range from $5.0 to $10.0M. My business plan is simple but effective - renovate, repurpose, extend and restore properties with development timelines of 1 to 2 years and hold periods of up to 6 years. I take advantage of valuable public incentives, including Opportunity Zones, Urban Enterprise Zones, New Market Tax Credits and Historic Tax Credits. Learn more about winning public incentives from my partner company, REDIST.

Small to mid scale, as-of-right and tax-advantaged strategy.

ASSET CLASSES

Residential, Mixed-Use

BUILDING AGE

Prior to 1920s

BUSINESS PLAN

$5.0-$10.0M

DEVELOPMENT PERIOD

1-2 Years

HOLD PERIOD

Up To 6 Years

HOLD PERIOD

Opportunity Zones, Urban Enterprise Zones, New Market Tax Credits, Historic Tax Credits

826 Hudson - Hoboken, New Jersey

WHO I AM

FOUNDER

My name is Atif Z. Qadir and I am a licensed architect with 14 years of development, construction and architecture experience from top New York City firms, including Extell Development and Turner Construction. I am an alumnus of MIT's School of Architecture and Planning and of Columbia Business School. I am active in the local community as a City Planning Commissioner in Hoboken, New Jersey and as a board member for non-profits in New Jersey and New York. Besides my work as Amanat Properties, I am the Founder & CEO of REDIST, a venture capital-backed real estate technology company, and the Host of American Building Podcast, a show I produce with Michael Graves Architecture & Design. Learn more about my work on LinkedIn.

An experienced founder with local roots.

COLLABORATORS

I collaborate with fantastic people that share my perspective and focus.

PROVIDENT BANK
COMPASS
MAGYAR BANK
M&I Home improvement
AKT Designs
GESS, GESS & WALLACE
OLD REPUBLIC TITLE
Hanini GROUP
OPNHOUZ
JDF Builders
Pinpoint inspection & testing

Workforce Housing Portfolio - Various Counties, New Jersey

CONNECT

Pineapple Loft, 22 Pink Street, New York

Phone: +1 123 4567890
Email: hello@loftpineapple.com