Founding and History

The Neuman Companies began in the early 1930’s when Irving Neuman, then a real estate broker, entered into management agreements with banks on foreclosed properties. He soon acquired some of those properties, which became the nucleus of the Neuman Companies, and later established I. Neuman & Sons, Inc. as its management arm. Prior to World War II, the company shifted its focus to construction, and developed its first residential apartment building. Following the war the firm expanded, capitalizing on the post-war demographic building boom. During this period, The Neuman Companies built an extensive portfolio of multifamily residential properties in the high-growth markets of Miami and New York City. More recently, the firm again shifted focus by developing, acquiring, and managing shopping centers and office buildings in the Washington, D.C. area. The firm has, to date, developed or purchased more than 1,500 apartments and approximately 1 million square feet of commercial space.

Philosophy

The Neuman Companies seek superior returns over the long term through strategic real estate development, acquisition, and management. We continue to draw on the expertise, experience, and trust we have built over time while maintaining the highest standards of integrity in our business practices.