About Us

The Shamah Properties Team

The principals of Shamah Properties have proven experience and recognition in the real estate industry in managing opportunity and risk and investing in value-add, core and core plus assets.

Principals

ALAN A. SHAMAH

Managing Partner

CONTACT:
718-856-4900 EXT 13
ALAN@SHAMAHPROPERTIES.COM

Mr. Shamah is involved in the acquisition of multi-family assets, securing privately placed funds, as well as overseeing the complete investment financial cycle as part of his focus on asset management.

His real estate experience and exposure began in 1980 when his father, Joseph Shamah, began purchasing multi-family properties. Alan’s role was in the syndicating and acquisition efforts of the properties purchased. Alan has also been directly involved in developing new markets. He has served as Vice President of Hillel Yeshiva in Ocean Township, NJ, and is a graduate of Boston University Business School with a major in accounting.

EDDIE R. SETTON

Managing Partner

CONTACT:
718-856-4900 EXT 11
ESETTON@SHAMAHPROPERTIES.COM

Eddie began his real estate career in high school and college, working summers and in between breaks alongside his grandfather, Joseph A. Shamah. His mentorship and other direct lessons have proven invaluable in Eddie’s ability to identify investment opportunities with an on-the-ground and holistic understanding of property acquisitions. Today, Eddie represents the third generation of this family real estate company. He is a graduate of Brooklyn College with a BS in Business & Finance.

Eddie specializes in the underwriting and acquisitions due diligence of purchased assets. This focus includes securing private and institutional equity and negotiating with lending institutions in placing debt proceeds for new acquisitions and the Shamah properties portfolio.

CARL S. ZEKARIA

Managing Partner

CONTACT:
718-856-4900 EXT 12
CARL@SHAMAHPROPERTIES.COM

Carl Zekaria is a Managing Principal of Shamah Properties and is responsible for overseeing the origination, structuring, due diligence, and onboarding of new property acquisitions as well as the oversight of current portfolio management. Carl is focused on sourcing, structuring and capitalizing investments for the firm. His background includes experience in investment underwriting, construction and property development, retail real estate, and multi-family property management. Carl graduated from New York University, Leonard N. Stern School of Business, with a BS in Finance and Accounting.

History

JOSEPH A. SHAMAH

Founder | Shamah Properties LLC
Founder | Shamco Management Corp.

Mr. Joseph A. Shamah was the Chairman and Founder of Shamah Properties LLC and Shamco Management. In 1980, he purchased his first property on East 29th Street in Brooklyn. It was the start of a long history of creating and implementing the methodology that we still use today in all of our investment models and management techniques. We attribute our long list of satisfied investors and excellent relationships with the banking community to the seeds he planted at the inception of the company. We aim to always emulate his ways in everything we do and how we deal with others.