our team

In 2010, Principals Mark Villamar and Hany Ahmed founded the company combining over 50 years of industry experience. Since their partnership began, Mark and Hany’s innovative projects have pioneered development in one of Hoboken’s most underutilized neighborhoods. The key to their success has been anticipating what is going to happen next instead of focusing on what is happening now.

Pegasus Partners has a unique ability to combine various property types – office, retail, entertainment, residential and land development – into larger mixed-use developments. Collaborating with leading architects, designers and builders, Pegasus Partners ensures each development is inventive and serves the needs of the local community.

Pegasus Partners believes in Hoboken and has demonstrated that belief by investing heavily in local real estate assets. Their latest endeavor to revitalize the Western Edge Redevelopment Zone is just one example of that investment.

Over the past 40 years, Molfetta has become a leading builder in the multi-family mid-rise market in New Jersey.  We provide value-added solutions for our clients during both the design and construction phases of a project to ensure they meet their project goals.  The relationships we develop with our clients are built on trust, passion, and integrity.  At Molfetta, we pride ourselves on self-performing all trades of the structural core-and-shell of our buildings.  We continuously strive to build structures with unique character and lasting value for our clients.

In addition to working as a general contractor and subcontractor, we have developed numerous for sale and rental projects for our own real estate portfolio.  This provides us with a unique perspective of the entire development life cycle, acting as owner, general contractor, and subcontractor.