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Company Profile

Adco Group

Commercial DeveloperMultifamily Owner-OperatorHospitality DeveloperMixed-Use Developer
adcogroup.com
450 Park Ave Fl 3, New York, NY 10022

Privately owned real estate investor, developer, owner-operator, and merchant banking company involved in design, renovation, development, construction, finance, ownership, and management of real estate properties across commercial, multifamily, hospitality, and mixed-use sectors.

Key Statistics

As of June 2026, public records show Adco Group has $58.1M in total recorded mortgage volume across 17 mortgages, with 61 current property ownerships held through 5 confirmed entities.

Total Mortgage Volume

$58.1M

Current Ownerships

61

Confirmed Entities

5

Associated People

11

Entities (5)

Adco Group operates through 5 confirmed holding companies and entities identified from public records.

146 GEARY LLC

CA · 0 properties · 1 mortgage

Incorporated on 11/10/2015 in CA
AP FILLMORE LLC

CA · 0 properties · 1 mortgage

Incorporated on 10/22/2015 in CA
SHOREHAVEN PROPERTY INC

NY · 0 properties · 0 mortgages

inactive
Incorporated on 02/17/1994 in NY
BEECHWOOD RB SHOREHAVEN LLC

NY · 5 properties · 0 mortgages

active
Incorporated on 07/17/2001 in NY
86 WEST CORP

NY · 0 properties · 0 mortgages

inactive
Incorporated on 08/18/1993 in NY

People (11)

Properties (61)

AddressEntityStatusConsideration
49231 BRALEY CT,
INDIO, CA 92201
49231 BRALEY COURT LLCOwns$0
6468 LUNITA RD,
MALIBU, CA 90265
DOI LLCSold$1.6M
2411 3RD ST #G,
SANTA MONICA, CA 90405
DOI LLCSold$960k

+113 more not shown

Top Lenders

The following lenders have the most recorded mortgage volume with Adco Group entities.

Geography

Adco Group has recorded real estate activity in the following states.

California
New York

FAQ

What does Adco Group do?

Privately owned real estate investor, developer, owner-operator, and merchant banking company involved in design, renovation, development, construction, finance, ownership, and management of real estate properties across commercial, multifamily, hospitality, and mixed-use sectors.

How many entities are associated with Adco Group?

Adco Group operates through 5 confirmed entities identified from signatures on recorded documents. Key entities include 146 GEARY LLC, AP FILLMORE LLC, and SHOREHAVEN PROPERTY INC.

Who are the key people at Adco Group?

Public records and filings associate 11 individuals with Adco Group. Key people include Leora Magier (Authorized Signer), David Magier (Authorized Signer), and Kenneth Bernstein (Former President/CEO).

How many properties does Adco Group own?

Public records show 61 current property ownerships associated with Adco Group entities, with $58.1M in total recorded mortgage volume.

Which lenders has Adco Group worked with?

Top lending relationships include Aareal Bank, FIRST REPUBLIC BANK, and First National Bank of Long Island, based on recorded mortgage data.

How is this data collected?

Elementix aggregates data from recorded real estate documents, business filings, and other lawfully available sources. We use AI to extract signatures, identify entity relationships, and connect people to the companies they operate through.

The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities.

Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.

Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law.