The Mid-Atlantic Investment Alliance is a real estate development company based in Northern New Jersey. The company is a certified MBE and State of New Jersey Builder. Our development team has well over 30 years of collective real estate development experience specializing in new development, project financing, and residential/commercial construction.
The company’s vision is to build upon its core competency by undertaking residential and commercial real estate development projects that have been designated as areas in need of redevelopment. One of the key goals is to partner with local municipalities in carrying out comprehensive community redevelopment plans that target inner city neighborhoods.
Developments contain the highest possible level of Energy Star Certification and include Green Technologies and environmentally safe products. Our projects preserve and restore living environments while creating incentives for investors alongside stable homeownership opportunities for buyers, helping to create wealth in underserved communities.
Victor M. Baker, Managing Member
Victor is a native of Buffalo, NY and a graduate of Rutgers University. He is the company's Managing Member. Mr. Baker is an experienced Real Estate Investor and spent over 10 years in the Securities and Investment Industry. He has established a successful track record for securing financing and implementing infrastructure for real estate development projects. Mr. Baker is responsible for overall company infrastructure, day-to-day business operations, assemblage of financing, and fiscal management.
Hassan Keith, Head of General Construction Division
Born and raised in Newark, NJ, Hassan is a graduate of Rutgers University. Mr. Keith is head of Homeworks Construction & Maintenance, LLC. a Bonded NJ GeneralContractor. Hassan has extensive experience as a General Contractor. He is responsible for the day-to-day construction operations, sub-contractor management and the completion of development projects. His responsibilities also include completing proposals for economic and housing development for local municipalities.
Jeffrey Montgomery, Partner
Jeffrey is a native of Newark, NJ and a graduate of Rutgers University. He is an experienced real estate investor and project manager. Mr. Montgomery has a successful track record for completing residential rehabilitation projects and providing rental units for subsidized tenancy.
Michael Bunton, Partner
Michael is a native of Vineland, NJ and a graduate of Rutgers University. Mr. Bunton adds a resume of High End Luxury Development in both The Hamptons, NY and Forte Green, Brooklyn having completed over $10 million dollars of rehab and new construction projects.
Mr. Bunton is the Primary Capital Partner for the firm.
Valentino Ellis, 501c3 Partner
Valentino is Executive Director of Bogolan Community Development Initiative. The 501c3 is currently co-sponsor of Mid-Atlantic's Lofts @ Lincoln Park Redevelopment. Bogolan supports capital campaigns, project marketing and community outreach efforts.
Members of the Development Team
Homeworks Construction & Maintenance, LLC
Company currently has $3,500,000 in Bonding Capacity
Core Expertise of the Mid-Atlantic Alliance:
- New Construction
- Site Control
- Gut Rehabilitation
- Architectural Design
- General Contracting
- Neighborhood Redevelopment
- Real Estate Investments
Lofts @ Lincoln Park. New Construction of Twenty-Four units of Emerging Market Unit Condominiums . Building will contain 18 two-bedroom units selling for $152,000 and 6 three-bedroom units selling for $159,000 with 2 Community Rooms on the ground floor. Residents will enjoy 4500 sq ft of gated rear yard recreation space. Units will have 9 ft ceilings and hardwood floors throughout. Kitchens will contain stainless steel appliances. The building has a 15 year tax abatement.
Last Completed Project
The Black Wall Street Development Project was the development of five new affordable and moderate – income two family homes in the West Ward of Newark, New Jersey. Municipal Resolution was granted for the purchase of City Owned Land from the City of Newark and was sold to the Mid-Atlantic Alliance as part of the City’s new redevelopment plan to provide deed restricted low-cost homes to qualified homebuyers.
The homes consists of various green products such as wool carpeting, low VOC paints and finishes, energy efficient windows, doors and appliances, and other sustainable materials.
The project provided what the city's planning board deemed a “New Home for Newark” showcasing a unique architectural design concept for infill new construction projects. The new design received site plan approval from the City of Newark Central Planning Board
Ground breaking took place in December of 2008. The project was complete and 100% Sold Out on May 5th 2010.