MHP and Banyan Street Capital Form $3B Joint Venture

180 Maiden Lane in Manhattan’s Financial District in the Seaport District was one of MHP’s high profile acquisitions and renovations.

NEW YORK CITY—MHP Real Estate Services, a New York City-based real estate investment, management and brokerage firm, and Banyan Street Capital, a Miami, FL-based real estate investment and management firm, have formed a commercial real estate joint venture. Their combined owned and managed assets comprise more than 15 million square feet in the eastern region of the US, with an aggregate value in excess of $3 billion.

Each firm will maintain their teams of professionals. MHP and Banyan Street will continue to operate with their respective brand names. However, they will work together across Banyan Street’s Miami, Atlanta and Boston offices and MHP’s New York City office. The combined firms will expand Banyan Street’s East Coast presence and provide broader capabilities and resources.