Isaac Hera
(Tsach I. Hera)
Ceo
Yellowstone Real Estate Investments
Lender, Owner
Private Equity
1325 6th Ave 28th floor New York, NY 10019
Yellowstone Real Estate Investments portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$527.9 million – office 68%, hotel 31%; Manhattan 100%, Bronx 0%
109th largest portfolio by dollar value
1,513,743 sqft – hotel 50%, office 49%;
211th largest by SF
4 properties – Manhattan 100%, Bronx 0%
153th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $340.9 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $90 million
Lender signatory: 1 for $44.5 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank Hapoalim (1), Paramdeep Singh (1), Blackstone Group (1), BVK (1), BD Hotels (1), Woodridge Capital Partners (1), Dune Real Estate Partners (1), Aynsley Capital (1), Fortress Investment Group (1), (1)
Top Ten Associated People:
Paramdeep Singh (1), Tim Geiman (1), Richard Born (1), Michael Rosenfeld (1), Howard W. Kingsley (1), Avraham Dryfuss (1), Steven Elghanayan (1)
Recent activity as signatory:
• Yellowstone Real Estate Investments borrowed $90 million from Fortress Investment Group for 541 Lexington Avenue, Midtown East, Manhattan on December 05, 2024.
• Dune Real Estate Partnersand Aynsley Capital sold 541 Lexington Avenue, Midtown East, Manhattan for $155 million to Yellowstone Real Estate Investments on December 05, 2024.
• Blackstone Group sold 1740 Broadway, Midtown West, Manhattan for $185.9 million to Yellowstone Real Estate Investments on April 24, 2024.
• Unification Church borrowed $0 from Unification Church for 481 8th Avenue, Garment District, Manhattan on January 08, 2024.
• Paramdeep Singh borrowed $44.5 million from Yellowstone Real Estate Investments for 59 West 46th Street, Midtown West, Manhattan on March 03, 2023.
• Yellowstone Real Estate Investments borrowed $60 million from Bank Hapoalim for 221 West 41st Street, Garment District, Manhattan on September 20, 2022.
• sold 221 West 41st Street, Garment District, Manhattan for $161.1 million to Yellowstone Real Estate Investments on March 24, 2022.
• Yellowstone Real Estate Investments borrowed $90 million from BVK for 440 West 57th Street, Clinton, Manhattan on April 07, 2021.
• BD Hotels sold 440 West 57th Street, Clinton, Manhattan for $35.1 million to Yellowstone Real Estate Investments on April 07, 2021.
• Woodridge Capital Partners sold 440 West 57th Street, Clinton, Manhattan for $154.9 million to Yellowstone Real Estate Investments on April 07, 2021.
Latest Stories:
• Yellowstone signs $90M loan with Fortress for hotel in Midtown East December 06, 2024
• October auction set for 697-unit Maxwell hotel with $218M judgment September 27, 2024
• Yellowstone pays $185.9M to Blackstone for office in Midtown West April 25, 2024
• Yellowstone buys $110M note secured by New York Hotel in Garment District September 08, 2023