Namdar Realty Group
| Company type | Private |
|---|---|
| Industry | Retail, real estate |
| Founded | 1999 |
| Founder | Igal Namdar |
| Headquarters | , United States |
| Products | Shopping malls |
| Website | namdarrealtygroup |
Namdar Realty Group is a private, family-owned real estate investment trust based in Great Neck, New York. As of 2021, the company owns over 400 properties.
The company is most well-known for its ownership of over 100 shopping malls. Namdar's mall portfolio largely consists of "class B" and "class C" malls in small-to-midsize markets, many of which have been classified as dead or dying. The company has been criticized for poor management of its mall properties, particularly in terms of deferred maintenance, being described in one lawsuit as an "absentee landlord with a reputation as a 'slumlord'".