Established by Ben Shaoul in 1998, Magnum Real Estate Group is a vertically integrated real estate company based in New York City. The firm's expansive $3 billion portfolio includes historic condominium conversions, new construction residential condominiums, multi-family rental projects and neighborhood supporting retail investments across the city. Since its inception, Magnum's success has been founded in its ability to acquire property, develop it to its full potential, and manage it effectively. Portfolio highlights include 100 Barclay Street, 196 Orchard Street, 100 Avenue A, 87 Leonard Street, The Arman, 389 E 89 and The Luminaire in Gramercy Park

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