Our Story
Legacy, Leadership, and Innovation
Engineering a Legacy
Since 1975, the Adahan family has been involved in the invention and engineering of technologies and methods used around the world. From patriarch Carmeli Adahan’s invention of multiple technologies used by renowned names like The Singer Company and Medtronic, the family has remained dedicated to innovation. Brothers Moshe and Eli Adahan began to innovate in their own ways toward a common goal: make their family proud and give the community that raised them a brighter future.
Coming from a culture where community is essential and family is paramount, the brothers also sought to lay a foundation for their future children’s success so that they could carry forward the “doing good by doing well” approach to community stewardship.
Harnessing Real Estate
In the early 2000’s, Eli Adahan relocated back to New York City, where he pursued a dream of taking the family’s innovative approach to the real estate industry, which he believed could be a long term place to cement his vision. In 2004, Eli co-founded Homestead NYC, based in Manhattan’s Financial District, where he grew a leading firm that specialized in high-service, boutique real estate brokerage. During this time, Eli became close with many of New York City’s largest brokers and property owners, who encouraged him to take his skills on his own. To move toward his vision and broaden his scope following the global economic crisis’ effect on Manhattan, Eli separated from his business partner to join the renowned team at Charles Rutenberg Realty, growing his book of business across the region.
Similarly, Moshe Adahan began his own delve into the investment side of real estate, where he began to partner in his community and around the world to invest in historically significant parts of Israel and the West Bank. Moshe continued work with the family’s engineering business and leveraged his connections to many of the region’s wealthiest businesspeople to build a thriving investment business.
Uniting the Family
In 2010, on the backs of their respective successes, Eli sought to partner with his brother, Moshe, to found their own firm that could bring Eli’s NYC real estate expertise together with Moshe’s strong investment and underwriting acumen to better work toward their vision. In the following years, the pair launched real estate management and investment companies across the Midwest and Northeast, where they found great success in the student and luxury submarkets.
ME was born.
Growing Together
Initially investing in single family homes, the unified team at ME rapidly found success and grew into larger scaled investments, with partners both new and old. By 2014, ME owned and operated a wide range of properties from Rochester, New York to Cincinnati, Ohio, including multifamily, office, industrial, retail, and land assets. By 2016, the duo and their team had been featured in publications across the Midwest for their investments in protection and redevelopment of historical office and manufacturing sites. As early as 2017, ME had placed multiple properties on the National Register of Historic Buildings, proving their dedication to preservation to the communities where they were working and demonstrating to their investment partners that the duo could leverage unique tax benefits to achieve their partners’ goals.
The family at ME continued to grow, with the wise approach to bring management of all assets in-house, where ME rightly realized that inferior property management companies were in a position to affect investments. By 2018, ME had four separate fully-functioning property management companies within its portfolio.
Deeper Focus
Seeking a more efficient path to deploy capital following COVID-19’s impact on the global economy and a continued uptick in investment interest, in 2021 ME began its disposition of a number of smaller investments to place more funds in larger retail, office, and industrial properties as opportunistic investments. With its United States brokerage and management arms now led by Ben Collier, ME eventually sold or disbanded its multifamily-specialized property management companies across the region, favoring a unified banner under which to grow and serve its investment partners.
ME became ME Commercial.
Moving Forward
Today, ME Commercial invests in and manages assets around the globe. ME continues to optimize and refine its portfolio as it seeks to acquire first-class retail and industrial assets across the continental United States, having found great success in those fields and believing that investments in everyday Americans will continue to yield returns. Continuing as a privately held firm, the team has closed hundreds of transactions in these spaces and brings the same historical successes for clients, investors, and partners, old and new.
ME is actively seeking mission-critical sites for industrial sale-leaseback opportunities, where it has seen its most recent success in win-win deal structures.
