Investments

Houlihan-Parnes and its predecessors have been investing in commercial real estate since the late 19th century. In the early days, the company was heavily involved in the building and construction phase of real estate investment. At present, there is a strong emphasis on the purchasing of existing income-producing properties for ownership and development.

Houlihan-Parnes/iCap Realty Advisors specializes in acquiring investment properties that provide an opportunity for increased appreciation through aggressive and innovative management. We buy all types of properties and specialize in the acquisition of packages and estate liquidations. We have also bought many properties over the years from trusts, banking institutions, insurance companies, and public companies. We have participated in joint venture agreements with many financial institutions. We enjoy longstanding relationships with many owners, brokers, and professionals in our industry. These sources provide a constant avenue of access to a wide array of offerings. Many of our current partners have been investors with us for well over a quarter of a century.

We are able to act on new offerings immediately because of our diverse holdings, our in-depth knowledge of the sales and mortgage markets, and our financial strength. Our proven ability to make fast, reliable offers often gives us the inside track when we’re in a competitive bidding situation.

Five Towns Shopping Center, Nassau County, New York
450,000 sq. ft. shopping center

Two Fordham Square, Bronx, New York
300,000 square foot retail/office building

We have repeatedly signed and closed on contracts within 24 hours of the initial offering when the situation has called for it. Many of the staff at Houlihan-Parnes/iCap Realty Advisors are involved as partners in the buildings and mortgages we own. We feel that this added incentive creates greater financial opportunities for our staff and engenders a greater feeling of camaraderie and team spirit in our office. With our “hands on” approach and attention to detail, we hope to continue to create additional equity value in the properties we acquire.

Houlihan-Parnes/iCap Realty Advisors eagerly anticipates the opportunities that will be available to us in the coming years. The key to our continued success and growth will be determined by the acquisitions we have made and will continue to make.