BALFIN Group is strengthening its presence in the U.S. real estate market. Its company in the United States, Balfin Americas, has a growing portfolio of both residential and commercial projects.
In a recently published video on our social media, Martin Mane, CEO of Balfin Americas and Vice President for North America at BALFIN Group, shares the company’s beginnings, ongoing projects, and future goals.
Mane says Balfin Americas is committed to sustainable growth by exploring new markets and innovative sectors, especially those related to technology and science.
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What does Balfin Americas stand for?
Balfin Americas is an investment company under BALFIN Group, operating in the United States. It was founded in 2023, after a full year of studying the American market, understanding its dynamics and complexities. After collecting data and identifying opportunities, the company decided to expand into both North and South America.
What is the focus of Balfin Americas and what are its ongoing projects?
The focus is on real estate, especially residential development. Balfin Americas also invests in commercial properties. Current projects include three residential developments in New York City, and a commercial office building in Morristown, New Jersey. One of the New York projects is close to completion, while 340 Mount Kemble, in New Jersey, is our latest acquisition.
What’s on the horizon?
Balfin Americas is flexible and doesn’t limit itself to one industry. While real estate is the current focus, future investments may include startups, especially in the fields of Artificial Intelligence (AI) and Biotech. As part of BALFIN Group, which for over three decades has proven to be a continuous driver of innovation, Balfin Americas also aims to be recognized in the future as a company that supports bold and visionary ideas.
These are the flagship projects undertaken by Balfin Americas:
340 Mount Kemble, Morristown, New Jersey
A Class A office building located in Morristown, New Jersey, hosting several leading international financial institutions.
- Total area: 160,000 m²
- Office space: 40,000 m²
Facilities include a conference hall, gym, game room, lounge, café, and over 1,600 parking spaces.
599 Tinton Avenue, Bronx, New York
A residential building featuring 51 housing units and a community center.
The ground floor is planned to include a daycare center to support local families. Includes a green rooftop, reflecting the project’s eco-friendly approach.
- Investment value: $13 million.
304 East 173 Street, Bronx, New York
A residential development expected to deliver 81 apartment units upon completion.
- Construction area: 5,116.5 m²
- Investment value: $22 million
112 East 167 Street, Bronx, New York
A mixed-use building that will include 168 residential units and 1,393.5 m² of commercial space.
- Investment value: $45 million
