Citibank
(Citi Real Estate Funding, Citi)
388 Greenwich Street Trading Building, 4th Floor New York, NY 10013
People:
Citibank portfolio
$1.1 billion – office 100%; Manhattan 100%, Bronx 0%
53th largest portfolio by dollar value
2,354,289 sqft – office 100%;
129th largest by SF
2 foreclosures, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 70 for $2.3 billion
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Joel Schwartz (10), Hersha Hospitality Trust (6), Camber Property Group (4), Shmuel Kairy (4), Sabet Group (3), RFR Holding (3), StorageMart (3), KSL Capital Partners (3), Bronstein Properties (3), Joel Wertzberger (3)
Top Ten Associated People:
Albert Kalimian (5), Joel Schwartz (5), Shmuel Kairy (5), Justin Amirian (4), Alfred Sabetfard (3), Debra Kalimian (3), Robert Moser (3), Ashish R. Parikh (3), P. Crismon Burnam (3), Kevin Rohnstock (3)
Latest Stories:
• MSquared, partners buy out Brookfield for $321.8M at 1,193-unit Harlem rental (January 08, 2025)
• JRC Management signs $16.2M refi for 94-unit rental in Sunnyside (December 24, 2024)
• Slate pays $94.5M for FiDi hotel Sam Chang bought in 2017 for $93.5M (December 24, 2024)
• Carlyle Group signs $49.5M refi for 175-unit rental, down from $63.5M (December 18, 2024)
• Clairmont Group pays $15.75M to Trion for three walkups in Washington Heights (December 11, 2024)
• Blackstone Group signs $26.8M refi for industrial in Castle Hill (November 20, 2024)
• Prospect Ridge pays $59.8M to KSL Capital, Hersha for hotel in Chelsea (November 18, 2024)
Litigation: