Malkin Securities Corp., formerly Wien & Malkin Securities Corp., is recognized as the original and preeminent real estate syndicator in the United States.
Lawrence A. Wien, the firm's co-founder, originated the practice of syndicating ownership of income-producing property to achieve pass-through, single taxation treatment for investors. In the early 1950s, Mr. Wien structured the first public real estate syndications, and in the following decades he, together with his son-in-law Peter L. Malkin, assembled an enduring portfolio of syndicated properties, including the Empire State Building.
Malkin Securities sponsored investments exclusively with its affiliate Malkin Properties, an established leader in property acquisition, financing, asset and property management, marketing and leasing, and construction services. This full-service, vertical integration ensured that all functions critical to success in real estate investment were implemented efficiently and expertly.
The firm's investments, led by Peter L. Malkin and Anthony E. Malkin, maintain the family's standard of careful, innovative programs that provide individuals, families and other investors with:
- Attractive current cash distributions
- Long-term capital appreciation potential
- Conservative leverage
- Low risk of loss of capital
- Protection against inflation
- Reasonable tax shelter
- Estate planning advantages
The Malkin family invested its own funds in every Malkin investment program on the same terms as the other investors.
Under the direction of President Anthony E. Malkin, the firm's operating units and partnerships owned approximately 11 million square feet of trophy office property in the Greater New York area, and 1.9 million square feet of retail, 1.6 million square feet of warehouse/distribution, 2,700 multi-family units in 15 states, and sponsored six funds with investments totaling $210,000,000 for the Strategic Capital preferred equity/subordinate debt investment program.