Olshan Properties, formerly MPI - Mall Properties, Inc., was founded in 1959 by Morton Olshan with the formation of Janoff & Olshan, Inc. Mr. Olshan was also the founder of Volt Information Sciences (NASDQ: VOLT http://www.volt.com), a publicly traded technical information company in 1950. In 1967, Mr. Olshan purchased Mall Properties, Inc. (MPI) and began developing regional malls and suburban retail centers. Over several decades the company continued to actively acquire, develop, manage and lease retail, office and residential real estate assets throughout the United States. In 1986, Mort Olshan struck out from his hotel development and management partnerships to create OHMI - Olshan Hotel Management Inc., his own cohesive owner/operator hotel platform, which manages full service, resort and limited service properties carrying Marriott, Starwood, and Hilton flags.
In 2014, the company embraced the new name, Olshan Properties, but retained its focus on continued expansion and further diversification of its portfolio through strategic acquisitions and developments across the country. The new name is homage to the strong reputation for creative, prudent, ethical and profitable real estate investment and operations that has been built over two generations of Olshan family leadership. This name also united over 1,000 employees working across the firm’s hotel, retail, residential and office divisions under one corporate standard.
Today, Olshan Properties, a 55-year-old family-run real estate enterprise, owns and/or operates a diverse portfolio of commercial properties that encompasses 10 million square feet of retail properties, 14,000 multifamily units, 1,447 hotel rooms and three million square feet of office buildings. The company has amassed a portfolio covering 11 states that includes properties such as the Parkchester residential complex in New York City, the Hilton Marco Island Beach Resort and Spa in Florida, The Akers Mill Square shopping center in Atlanta, and an award-winning Regional Centers portfolio. The company acts as General Partner for a series of debt and equity funds through Longview and RCG Longview as well as Normandy Venture Partners.