- CEO
- Alan E. Casnoff
- Full Time Employees
- 10
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 70 East 55th Street New York City NY United States of America 10022
- IPO Date
- Aug 3, 1995
- Business
- DVL, Inc. (DVLN) operates as a commercial real estate finance company primarily engaged in the direct and indirect ownership of real estate, mortgages, and residual interests in securitized portfolios; it also provides real estate asset management and administrative services through subsidiaries. The company owns specific properties including an approximately 89,000 square foot building and a 4,000 square foot outparcel on eight acres in Kearny, New Jersey, and a 97,000 square foot shopping center on eight acres in Del Rio, Texas; its investments include available-for-sale securities such as United States Treasuries. Incorporated in 1977 and headquartered at 70 East 55th Street, 7th Floor, New York, New York, DVL, Inc. employs approximately 10 people and generates revenue from tenant rentals, with major tenants including Wal-Mart, while servicing commercial mortgages held by over 40 affiliated limited partnerships in which it serves as general partner. Its subsidiary includes RH Interests, Inc., and operations focus on the United States market in commercial, industrial, and office real estate segments. No major recent partnerships, acquisitions, funding rounds, new product launches, or strategic shifts have been publicly reported within the last 1-2 years.