Niral Shah
Rialto Capital
Owner
Rialto Capital portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$4.8 million – condo 100%; Manhattan 100%, Bronx 0%
3823th largest portfolio by dollar value
6,730 sqft – condo 100%;
5818th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
11 foreclosures, 0 bankruptcies, 11 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $18.4 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Ouni Mamrout (1), Meyer Equities (1), Delshah Capital (1), Thor Equities (1)
Top Ten Associated People:
Ouni Mamrout (1), Michael K. Shah (1), Roberta Ashkin (1)
Recent activity as signatory:
• Thor Equities sold 115 Mercer Street and 115 Mercer Street, SoHo, Manhattan for $18.4 million to Rialto Capital on April 10, 2023.
• Ouni Mamroutand Meyer Equities borrowed $23.5 million from Series 2017-CD4 for 260 West 36th Street, Garment District, Manhattan on January 04, 2023.
• Delshah Capital sold 597 Broadway, SoHo, Manhattan for $5.2 million to Rialto Capital Management on December 02, 2022.
• Joginder Sharma borrowed $12.5 million from Emerald Creek Capital for 767 8th Avenue, 154-10 South Conduit Avenue, and N/A 155th Street, Hell’s Kitchen, Manhattan on July 25, 2022.
• Meadow Partners borrowed $155 million from Deutsche Pfandbriefbank for 95 Morton Street, West Village, Manhattan on July 12, 2022.
Latest Stories:
• Rialto Capital acquires $5.2M retail condo from Delshah Capital in SoHo December 05, 2022
• Thor loses Soho retail with $49M debts in foreclosure sale December 05, 2022
• Meadow Partners pays $288.2M to RFR Holding for office building in West Village July 13, 2022
• Judge orders foreclosure sale for Thor’s 115 Mercer condos in Soho, $49M in debt October 12, 2021