Delshah Capital

Delshah Capital, LLC focuses on value-add and opportunistic acquisitions of underutilized and undervalued assets in New York City. Our investment strategy is based on intensive market research, broad sourcing capabilities, comprehensive due diligence, thorough underwriting, disciplined pricing, detailed financial management and aggressive hands-on value enhancement. This wide range of skills and functions is particularly suited to workout distressed and turnaround situations where our experience, extensive relationships, and track record position us for success.

DelShah Capital was started with $20MM in capital and made its first acquisition in ’06: $6M for a 60-unit affordable housing asset in the Bronx. Key properties today include the development of 204 units at the landmarked property formerly known as St. Luke’s Hospital, the over 1,100 unit Parkhill Apartments, and the Restoration Hardware Hotel on Gansevoort Street. To date Delshah has executed 23 transactions and is now publicly traded on the Tel-Aviv Stock Exchange. In only 10 years Delshah’s assets have grown to over $700MM and produced an IRR of approximately 40% annually over that time.

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Past performance is not indicative of future performance. Investment is subject to market and portfolio risks.

Track record is not audited. IRR calculations are based on several assumptions.

IRR calculations are based on assets acquired by Del Shah in 2009-2012 period, and may not include all assets acquired during that period.