A diversified firm with an eye on the future.
Founded in 1966, Time Equities, Inc. (“TEI”) is a diversified investment, development, asset and property management, licensed real estate brokerage, and alternative energy company that has been in business for more than 57 years. The TEI portfolio includes approximately 43.2 million square feet of residential, industrial, office and retail property including about 5,000 multi-family apartment units, approximately 635,000 square feet in pending acquisitions, and 2.8 million square feet of various property types in stages of pre-development and development. With 342 properties across 36 states, five Canadian provinces, Anguilla, Germany, Italy, the Netherlands, and Scotland, the TEI portfolio benefits from a diversity of asset types including non-performing loans, B-notes, and alternative energy investments. TEI has a variety of market concentrations in the Northeast, Southeast, Midwest and West Coast of the U.S., and new markets around the world are always being evaluated.
1966
Time Equities is born
Founder Francis Greenburger rents his first office space on 59th Street between Park and Lexington Avenue in New York City.
1975
The first deal of many
We syndicate our first real estate deal with friends and family.
1979
Finding our niche
At distressed prices, TEI enters the co-op and condominium conversion business in New York City.
1985
An eye on national expansion
Noting the unreasonable escalation in NYC property prices, we begin our national diversification strategy.
1997
Entering the international market
At distressed prices, we make our first international purchase in Montreal, Quebec, Canada as the Canadian recession wanes.
2001
Gaining recognition
Time Equities Securities is established and joins FINRA/SIPC.
2003
Hello, Europe
TEI finds opportunity in Germany as post German-reunification uncertainty lingers.
2008
50 West is born
Ground breaks at our 64-story luxury tower, 50 West Street in New York City, to much critical acclaim. The NYC skyline will never be the same.
2014
A new year, a new market
We begin to target retail properties at distressed prices as disruption occurs in the retail sector.
2015
Acquainted with Dutch culture
We enter The Netherlands at distressed prices as Europe begins to recover from the Global Financial Crisis.
2018
Hello, Italy!
We enter Italy with the purchase of a non-performing loan portfolio. We plan on staying awhile - not just because of the food and wine.
2019
1000M makes its mark
Ground breaks at our 72-story luxury residential tower at 1000 S. Michigan Ave. in Chicago. It's a source of pride and a sneak peak at the future of our real estate strategy for years to come.
Our Company Values
The real estate business is one of the largest businesses in the world. Many countries’ economies are driven by the growth of their real estate industry. It generates millions of jobs and impacts just about everyone that is alive. Every day that we do our jobs, we help to create a better social and economic environment for our tenants, vendors, lenders, advisers and investors.
Provide integrity, excellence, and honesty in real estate
In all of our transactions, Time Equities conducts business with fairness, respect, dignity, honesty and compassion. We consistently strive to deliver on this commitment to all of our stakeholders: our tenants, clients, lenders, investors, partners, vendors and staff. Everyone doing business with Time Equities should be able to take for granted that they will be dealt with honestly, promptly and with fairness.
Focus on limiting risk and cultivating strong opportunities
By identifying locations with good market fundamentals and targeting under-valued properties in those areas, we seek to achieve above-average returns for our investors.
Offering diversity in property type, size, and market
Unlike some specialized investors, we are experienced and comfortable with virtually all property types and sizes. We can acquire property subject to existing financing.
Empower your entire team to create positive community change
We attempt to provide society with a useful product through superior management and capital improvements to our properties and to provide a benefit (make a profit and feel a sense of purpose and accomplishment) for ourselves and our investors. As important as the profit motive is, it is not our only concern.
Philanthropy & the Arts
Time Equities Inc. is committed to giving back, and does so through an extensive program of charitable giving, which includes ongoing donations to over 250 not-for-profit organizations through The Francis J. Greenburger Foundation and the Francis Greenburger Charitable Fund at the Jewish Communal Fund. Time Equities’ philanthropy supports organizations focused on education, art, social and criminal justice, the environment and community organizations.
