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"hidden in complexities are opportunities of value".

-MOSFIGUL AKTAR
 

Mosfigul Aktar is a trained architect & real estate developer in New York, specializing in revitalization & repositioning of commercial assets.

Mr. Aktar holds a B.Tech in Architectural Technology & Certificate in Construction Management from the City University of New York. He has also completed professional studies in Real Estate Finance & Investments at Fordham University & currently completing the Master of Science in Real Estate (M.S.R.E) at Fordham University.

He is currently a member of the American Institute of Architects, American Real Estate & Urban Economics Association & Urban Land Institute.

Mr. Aktar brings a high level of expertise to all projects as he directs the design and construction process. His direction & attention to detail is evident in the execution and delivery of many successful projects throughout the tri-state.

The Marriott Marquis Times Square, W Hotel Times Square, Lewis Steel Building, and 16 Court Street are a few of the projects completed under Mr. Aktar's directive.

 

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Methodology

Our strategic approach is based on these fundamental principles:

Invest based on an informed economic viewpoint, in-depth market knowledge, and disciplined analysis.

Pursue opportunistic deals with multiple execution strategies and incremental value creation through complex entitlements, new development, and asset repositioning.

Build and leverage industry relationships with leading institutions, lenders, property owners, national and regional brokers, advisors, and other market players to source proprietary off-market deals.

Project execution driven by a vertically integrated team with expertise in all aspects of investment, development, and operations.

Structure downside protection by creating flexibility in project capitalization with a focus on asset preservation.

Focus on undervalued opportunities near central business districts and select emerging markets with strong fundamentals.

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Process

PRE-DEVELOPMENT

Project managers and Analysts direct each step of the pre-development process including entitlements, design, budgeting, scheduling and financing using market data to identify opportunities.

ZONING

Knowledge of local zoning requirements and experience working directly with municipalities, community groups and local stakeholders to pursue and modify complex land use entitlements.

ARCHITECTURAL DESIGN

Experience working with architects, interior design firms, and other design consultants which are directly managed by ACRE’s in-house design professionals.

FINANCING

Expertise in structuring and financing development projects through established relationships with the construction lenders and private equity partners.

CONSTRUCTION

Strategic partnerships & in-house construction management team supervises each stage of building construction and third-party general contractors.

OPERATIONS

Hands-on operations focus and asset management, combined with strategic operating partners, drive incremental performance through improved operations.

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Vision

Great design leads to great business. Our focus is not driven only by financial gains, it’s driven by the positive impact on society, neighborhoods, and all stakeholders of the community. .

ACRE EQUITIES LLC

CHIEF EXECUTIVE OFFICER

01/2015-PRESENT

Real Estate Investment Firm focused on commercial Real Estate, & Private Equity.

 

AKTAR GROUP LLC

PRINCIPAL - 03/2013-12/2017

Brooklyn based Architectural Design & Construction Management firm, specializing in Design+Build delivery.

 
 

LE CIEL PARTNERS LLC

CO-FOUNDER - 07/2011-12/2017

Real Estate Investment, Development, and Operating Company with prime focus on student housing & young professional markets. 

FORDHAM UNIVERSITY
Fordham Real Estate Institute 

master of science

REAL ESTATE
2020

 

View more on LinkedIn

 

New York City College of Technology
School of Technology and Design

bachelor of technology

Architecture
2012

 
 

Featured Projects


 

Lewis Steel Building


Role: Construction Management
Status: Completed December 2016 


The Lewis Steel Building is a masterful industrial conversion located in the heart of Williamsburg, in Brooklyn NY. Located at 76 North 4th Street, the former 1930's steel factory has been transformed into 83 individually unique and luxury loft apartments. The handsome building spanning the entire block from North 4th Street on Berry to Wythe boasts dark red brick and massive factory sized casement windows. 

 

McCord Street Townhouses

Role: Real Estate Developer  
Status: To be completed late 2017

Ground up development of four modern single family smart townhouses. Located in the Southside of Pittsburgh, PA.

Design Consultant : Margittai Architects