Time Equities
Time Equities is a New York diversified firm, founded in 1966 by Francis Greenburger, that pioneered cooperative and condominium conversions—more than 10,000 units over its history—and now develops large mixed-use…
Overview
Time Equities is a New York diversified firm, founded in 1966 by Francis Greenburger, that pioneered cooperative and condominium conversions—more than 10,000 units over its history—and now develops large mixed-use towers such as 50 West Street and Chicago's 1000M, alongside a portfolio exceeding $5.4 billion and 36 million square feet. Diversified across 33 states and international markets and holding more than 5,000 multifamily units, the firm pairs a long-hold value orientation with genuine development capability. Its breadth and longevity make it a seasoned, diversified operator rather than a single-sector DST house.
Key strategies & advantages
- Pioneered cooperative and condominium conversions (10,000+ units historically).
- Develops large mixed-use towers such as 50 West Street and Chicago's 1000M.
- Diversified across 33 states and international markets.
- Holds 5,000+ multifamily units within a $5.4B+, 36M-sq-ft portfolio.
- Pursues a patient long-hold value orientation under founder Francis Greenburger.
Track record
Time Equities has 20 full-cycle programs in the Baker 1031 dataset, averaging 20.08% annual return, a 2.98x average equity multiple, and a 7.6-year average hold.
| Investment | Location | Asset Class | Hold | Equity Multiple | Annual Return |
|---|---|---|---|---|---|
| 124 Hudson Street TIC | New York, NY | Retail | 12.05 | 2.42x | 8.68% |
| 185 Oregon Equities LLC | Hillsboro, OR | Office | 11.65 | 4.65x | 25.15% |
| Abbeville | Abbeville, SC | Retail | 4.68 | 1.43x | 10.41% |
| Austell Place Equities LLC | Long Island City, NY | Industrial | 14.33 | 12.51x | 25.18% |
| Broad Bridge Equities Group LP | Bridgeport, CT | Mortgage | 2.75 | 2.24x | 37.56% |
| Canton Equities Group LP | Canton, MA | Industrial | 10.28 | 4.07x | 17.57% |
| Glenmore Commerce Court | Calgary, Alberta | Office | 2.83 | 2.4x | 56.07% |
| Huffman Koos Livingston Property | Livingston, NJ | Retail | 3.19 | 1.68x | 18.90% |
| Hunt Club Equities LLC | Madison, WI | Multifamily | 7.87 | 3.03x | 20.64% |
| Kingsbury Apartments | St. Louis, MI | Multifamily | 3.09 | 1.68x | 13.89% |
| Laguna Park Equities Group | Stockton, CA | Multifamily | 4.9 | 2.04x | 18.43% |
| Merivale Shopping Center | Ottawa, Canada | Retail | 4.49 | 1.76x | 27.37% |
| Placerville Equities LLC | Rancho Cordova, CA | Office | 6.95 | 2.63x | 17.75% |
| Prospect Drive Equities LLC | Rancho Cordova, CA | Office | 6.64 | 2.24x | 14.92% |
| Renaissance Equities LLC | Oklahoma City, OK | Multifamily | 2.7 | — | — |
| Shadow Ridge Growth Fund LP | LaVista, NE | Multifamily | 13.14 | 2.7x | 15.55% |
| TEI Peachtree 25th TIC | Atlanta, GA | Office | 9.74 | 1.16x | 4.19% |
| Villager Square LLC | Littleton, CO | Retail | 9.56 | 3.19x | 17.21% |
| Viscoe Road TIC | Radford, VA | Industrial | 9.02 | — | — |
| World Equities LLC | Omaha, NE | Office | 12.13 | 1.73x | 12.03% |
Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.
Current offerings from this sponsor
Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →
Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →
Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.