INVESTING

IN

TOMORROW
 

 
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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.


 
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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.

 

826 Hudson - Hoboken, New Jersey

Townhouse redevelopment, interior

826 Hudson - Hoboken, New Jersey

 

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.


HOW I WORK

APPROACH

ASSET CLASSES

Residential, Mixed-Use

 

BUILDING AGE

Prior to 1920s


BUDGET

$5.0-$10.0M


BUSINESS PLAN

Renovate, Repurpose, Extend & Restore


DEVELOPMENT PERIOD

1-2 Years


HOLD PERIOD

up To 6 Years


PUBLIC INCENTIVES

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

 
Townhouse redevelopment, exterior

512 Park - Hoboken, New Jersey

Townhouse redevelopment, interior

512 Park - 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                                                                                       

 
Building renovation, exterior

Workforce Housing Portfolio - Various Counties, New Jersey

Workforce Housing Portfolio - Various Counties, New Jersey