BALFIN Americas Forms Strategic Partnership with Crown Acquisitions to Expand U.S. Real Estate Presence

BALFIN Americas has taken a significant step in strengthening its presence in the United States real estate market through a strategic partnership with Crown Acquisitions, a prominent American real estate investment firm led by Richard Chera. This collaboration reflects a shared vision for identifying high-potential assets, executing long-term value strategies, and expanding across key urban and suburban corridors in the U.S. market.

Crown Acquisitions is widely recognized for its expertise in premium commercial properties and its leadership in some of New York City’s most iconic developments, including the Cartier Mansion and 650 Madison Avenue. With decades of experience and a proven track record in retail and office real estate, the firm brings valuable local insight and operational strength to the partnership. For BALFIN Americas, this collaboration represents an opportunity to combine its global investment perspective and disciplined governance model with a well-established U.S. platform that understands the complexity of local markets.

The first milestone of this partnership is the acquisition of 340 Mount Kemble, a premier Class A office complex located in Morristown, New Jersey. This $118.5 million investment marks BALFIN Americas’ entry into the U.S. commercial real estate sector. The property, which spans over 439,000 square feet, is leased to a diversified mix of leading financial institutions and has undergone a $50 million renovation to meet the latest standards in workspace functionality, energy efficiency, and tenant amenities. Its strategic location, high occupancy rate, and superior design make it a model of quality-driven commercial real estate.

Martin Mane, CEO of BALFIN Americas, emphasized the importance of this partnership and its alignment with the company’s long-term strategy. He stated, “Partnering with Crown Acquisitions demonstrates our commitment to growth in the U.S. market through relationships built on trust and shared ambition. We are combining the strength of a European investment group with the market intelligence and agility of a deeply rooted American partner. This partnership allows us to operate with confidence and purpose in one of the most competitive and promising real estate markets in the world.”

This alliance between BALFIN Americas and Crown Acquisitions is built on complementary capabilities, shared values, and a common belief in responsible and future-ready investment. As BALFIN Americas continues to expand its U.S. footprint—alongside ongoing residential developments in New York and an evolving interest in mixed-use and logistics assets—this partnership with Crown is expected to open new pathways for acquisition, development, and long-term asset management. It is a reflection of BALFIN Americas’ commitment to high-caliber collaborations and its ambition to become a trusted name in North American real estate.