Before entering real estate, Senbahar worked as a precious metals trader at the New York City offices of Groupe Sucre et Denrées (SUCDEN), a French commodities broker.

[6] In the mid-1980s, he joined Kiska, a Turkish construction firm, to help the company establish itself in the New York real estate market.

[7] With Kiska, Senbahar oversaw the development of various properties including 353 Central Park West, a 19-story luxury condominium building.

[8] Subsequently, he partnered with Steven Elghanayan to develop the Elektra, a 32-story condominium in New York City's Gramercy Park neighborhood; the building, completed in 1992, was later sold to Beth Israel Medical Center (now Mount Sinai Beth Israel).

[9] In 1993, Senbahar formed Alexico Group and joint ventured with Simon Elias to develop a number of projects.