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Icon Development


Icon Equity Group operates as a privately held vertically integrated private equity and development firm with offices in New York City, New Jersey, and South Florida. Icon's leadership has decades of hands-on real estate experience. Founded in 2012, Icon has participated in approximately $3 billion of transactions. Icon currently owns and operates, multifamily, retail, and office properties comprising of 1,188 units in 5 markets and counting. Icon aims to provide its investment partners, a high-income earning potential, secured by a value-oriented and cyclically defensive investment model.



Anthony Shafer has Twenty years of active Real Estate Financing, Investing, and Institutional Banking experience and is a US Army Airborne Veteran. An expert in Commercial Real Estate, structured finance, business strategy, underwriting, equities, derivatives, and the creation of financial instruments, Anthony started his banking career in 2008 with Bank of America, moved to Citibank where he was recruited by Signature Bank (SBNY: NASDAQ) as a member of a Private Client Group. Mr. Shafer's loan originations eclipsed $800 Million before joining Icon Realty Capital as a Principal of the firm.

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    Managing Principal

    Marc Shulman is a seasoned real estate developer and private lender with over 25 years of experience resulting in an innate ability to identify new markets and trends. Mr. Shulman has negotiated thousands of transactions and is fluent in a wide range of creative real estate structures. As the Managing Principal of Icon Equity Group, he has raised capital from global investors and deployed both debt and equity on their behalf while spending decades developing across most real estate sectors and asset classes. He currently owns and operates many of these projects within his portfolio today.

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