New Valley

About New Valley

New Valley is a real estate operator. New Valley 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, Covered Land & Land Banking and Hospitality.

New Valley LLC is a real estate investment company founded in 1986. It operates as a wholly owned subsidiary of Vector Group Ltd. The company focuses on value-add and opportunistic real estate investments across multiple asset classes including residential (condominiums, rentals), commercial, hotel, retail, and land development. New Valley Realty (its main investment arm) performs executions such as ground-up construction, renovations of underperforming assets, conversion of properties (office or rental to condos), and land development or sales. Geographically, New Valley invests in “high-barrier-to-entry” U.S. markets such as Manhattan / New York metropolitan area, South Florida, Los Angeles, Raleigh, and Nashville. As of 2015, its reported revenue was approximately US$1.7 billion, with assets of about US$1.3 billion, and around 1,090 employees.

Principals at New Valley

Recent activity at New Valley

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New Valley's project portfolio

No projects on file for New Valley yet.

Markets and themes

Markets New Valley operates in

• Los Angeles, California (LA)
• Miami - Ft. Lauderdale - West Palm Beach - South Florida
• New York City, New York
• San Bernardino-Riverside-Ontario, California (Inland Empire)

Investment themes at New Valley

• Condominiums
• Covered Land & Land Banking
• Hospitality
• Multifamily - Ground-up
• Multifamily - Value-Add
• Standalone Retail

Capabilities

• Luxury
• Mixed Use

Operators similar to New Valley

• Witkoff
  Established tierLos Angeles, California (LA)Miami - Ft. Lauderdale - West Palm Beach - South Florida+1 more marketHospitalityCovered Land & Land Banking+3 more themes
• The Georgetown Company
  Established tierLos Angeles, California (LA)New York City, New YorkHospitalityMultifamily - Ground-up+3 more themes
• Patrinely Group
  Established tierLos Angeles, California (LA)Miami - Ft. Lauderdale - West Palm Beach - South Florida+2 more marketsHospitalityMultifamily - Ground-up+1 more theme
• IRA Capital
  Established tierNew York City, New YorkLos Angeles, California (LA)+1 more marketHospitalityMultifamily - Ground-up+2 more themes
• The Sports Facilities Companies
  Established tierNew York City, New YorkLos Angeles, California (LA)+2 more marketsHospitalityStandalone Retail
• Greybrook
  Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaHospitalityCovered Land & Land Banking+3 more themes
• Asana Partners
  Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+1 more marketHospitalityMultifamily - Ground-up+1 more theme
• ABS Partners
  Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New YorkHospitalityMultifamily - Ground-up+2 more themes
• Bridgeton Holdings
  Established tierNew York City, New YorkLos Angeles, California (LA)HospitalityMultifamily - Ground-up+2 more themes
• The Ferber Company
  Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New YorkHospitalityCovered Land & Land Banking+2 more themes

Frequently asked questions about New Valley

What does New Valley do?

New Valley LLC is a real estate investment company founded in 1986.

What markets does New Valley operate in?

New Valley is active in Los Angeles, California (LA), Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York, and San Bernardino-Riverside-Ontario, California (Inland Empire).

How many employees does New Valley have?

New Valley has 2–10 employees.