Innovo Property Group

Owner|Developer

Private Equity

1350 6th Ave 17th floor, New York, NY 10019

People:

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Innovo Property Group portfolio

$108.1 million – industrial 40%, condo 30%; Queens 67%, Bronx 32%

512th largest portfolio by dollar value

1,050,462 sqft – condo 62%, industrial 37%;

319th largest by SF

13 properties – Queens 69%, Bronx 30%

144th largest

Company Activity past 24 months:

Buyer company: 1 for $6.2 million

Seller company: 0 for $0

Borrower company: 1 for $43 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

John Pantanelli (3), Farid Maluf (1), Samuel Sutton (1), James N. Clewlow (1), Michael Tortorici (1), Jacob Khotoveli (1), E. Hamil Douglas (1), John A. Taylor (1), Steven J. Borenstein (1), Paul D. McKinnell (1)

Latest Stories:

• Innovo pays $6.2M for LIC industrial, in contract since 2020 (December 26, 2024)

• Innovo Property signs $43M refi for 350K storage project in LIC (June 08, 2023)

• Innovo Property Group signs $27M acquisition loan with PCCP for industrial in Hunts Point (August 04, 2022)

• Innovo, Nan Fung Group, sign $304.6M construction loan with JPMorgan Chase for 680K LIC warehouse (August 03, 2022)

• Innovo Property Group pays $21.5M for industrial in Hunts Point (July 27, 2022)

• Innovo pays $11M for industrial in Long Island City, adjacent to large Innovo project (July 25, 2022)

• Innovo ups debt to $90M with Cerberus Capital Management for industrial in Hunts Point (April 07, 2022)

• CenterPoint pays $119M to Innovo Property Group for warehouse in Hunts Point (September 08, 2021)

• Pimco acquires interest from Innovo Property Group valued at $13.2M for LIC development (August 16, 2021)

• Innovo Property pays $102.5M to Pearl Realty, Vornado for Hunts Point industrial (June 16, 2021)

Properties:

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