Waterfall Asset Management

People:

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 1 for $34.6 million

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

Top Ten Associated Companies:

Normandy Real Estate Partners (2), CenterSquare Investment Management (1), RCG Longview (1), 60 Guilders (1), LSCH LLC (1), Cogswell Lee Development (1), Haralambos Vellios (1), Florin Krasniqi (1)

Top Ten Associated People:

Eric Rubin (1), Gregory Weingart (1)

Latest Stories:

• Breaking Ground signs $120.8M construction loan for conversion to affordable in Carnegie Hill (January 03, 2025)

• Breaking Ground pays $172.1M to CenterSquare, Principal for dorm in Carnegie Hill, was $212.5M in 2019 (July 02, 2024)

• Waterfall Asset Management buys $145M note secured by dorm in Carnegie Hill (August 16, 2022)

• Dermot signs $116.5M loan with Helaba for 147-unit rental in Lenox Hill (July 25, 2022)

• McSam Hotel sells stake in Hudson Yards hotel valued at $47.4M (June 28, 2021)

• Waterfall fund buys debt on 10 unsold units at Cogswell’s 150 Rivington condo (January 25, 2021)

• Waterfall Asset buys $75M note from Deutsche Bank secured by Normandy’s LIC conversion (January 12, 2021)

• McSam Hotel Group borrows $64M from Deutsche Bank for new hotel in Hudson Yards (February 14, 2020)

• Larry A. Wohl borrows $12M from Bank of New York Mellon for a hotel in Hudson Yards (November 07, 2019)

Litigation: