KAR Properties

About KAR Properties

KAR Properties is a real estate operator headquartered in New York, NY. KAR Properties operates in Los Angeles, California (LA), Miami - Ft. Lauderdale - West Palm Beach - South Florida and New York City, New York. Its investment focus is on Condominiums, Hospitality and Multifamily - Ground-up.

KAR Properties is a real estate development and investment firm founded and led by Shahab S. Karmely, with offices in New York and Miami. The company has over 35 years of international real estate experience across the U.S., Southeast Asia, and Europe. KAR Properties specializes in luxury mixed-use, office, and industrial projects. The firm manages a development pipeline exceeding 5 million square feet and has acquired, repositioned, and monetized more than 3 million square feet of property. KAR has made significant investments in the Miami market, totaling over $300 million in established and emerging neighborhoods. Key projects include One River Point and 2000 Ocean, both luxury residential developments with high-end design elements and global architectural collaborations​

Principals at KAR Properties

Recent activity at KAR Properties

1 recent signal from the real estate trade press · latest 6mo ago

KAR Properties's project portfolio

3 projects on file · Multifamily (1), Office (1), Residential (general) (1)

Markets and themes

Markets KAR Properties operates in

• Los Angeles, California (LA)
• Miami - Ft. Lauderdale - West Palm Beach - South Florida
• New York City, New York

Investment themes at KAR Properties

• Condominiums
• Hospitality
• Multifamily - Ground-up
• Multifamily - Value-Add
• Resorts
• Urban Office
• Workforce Housing

Capabilities

• Asset Management
• Construction Management
• Custom Homes
• High-Rise
• Luxury
• Mixed Use
• Private Equity
• Site Development
• Urban infill

Operators similar to KAR Properties

• ​LargaVista Companies
  Mid-market tierLos Angeles, California (LA)Miami - Ft. Lauderdale - West Palm Beach - South Florida+1 more marketHospitalityMultifamily - Ground-up+3 more themes
• Poverni Sheikh Group
  Mid-market tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+1 more marketWorkforce HousingUrban Office+3 more themes
• Spandrel Development Partners
  Mid-market tierNew York City, New YorkWorkforce HousingUrban Office+4 more themes
• Henderson Park
  Mid-market tierNew York City, New YorkWorkforce HousingUrban Office+3 more themes
• Cypress Equity Investments
  Mid-market tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+1 more marketWorkforce HousingMultifamily - Value-Add+1 more theme
• BC Group
  Mid-market tierLos Angeles, California (LA)Workforce HousingUrban Office+3 more themes
• Bluedog Capital Partners, LLC
  Mid-market tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaWorkforce HousingUrban Office+3 more themes
• Capital Hall Partners
  Mid-market tierNew York City, New YorkLos Angeles, California (LA)Workforce HousingUrban Office+2 more themes
• Strada Investment Group
  Mid-market tierWorkforce HousingUrban Office+3 more themes
• Machine Investment Group
  Mid-market tierNew York City, New YorkLos Angeles, California (LA)Workforce HousingMultifamily - Value-Add+1 more theme

Frequently asked questions about KAR Properties

What does KAR Properties do?

KAR Properties is a real estate development and investment firm founded and led by Shahab S.

Where is KAR Properties based?

KAR Properties is headquartered in New York, NY.

What markets does KAR Properties operate in?

KAR Properties is active in Los Angeles, California (LA), Miami - Ft. Lauderdale - West Palm Beach - South Florida, and New York City, New York.

How many employees does KAR Properties have?

KAR Properties has 11–50 employees.