John Ginochio
Ohana Real Estate Investors
Owner
Ohana Real Estate Investors portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$82 million – condo 83%, hotel 16%; Brooklyn 83%, Manhattan 16%
642th largest portfolio by dollar value
342,497 sqft – condo 87%, hotel 12%;
813th largest by SF
8 properties – Brooklyn 87%, Manhattan 12%
149th largest
64 residential units – Brooklyn 100%, Manhattan 0%
734th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $110.5 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $135.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Tidal Real Estate Partners (2), BD Hotels (1), Kennedy Wilson (1), Deutsche Bank (1), Slate Asset Management (1)
Top Ten Associated People:
Michael Walsdorf (2), Richard Born (1), In Ku Lee (1), Stephen Massey (1), Peter Castro (1), Michael Quinn (1)
Recent activity as signatory:
• Ohana Real Estate Investors borrowed $59 million from Slate Asset Management for 60 Duffield Street, 85 Flatbush Avenue Exte, and 85 Flatbush Avenue Exte, Downtown Brooklyn, Brooklyn on January 25, 2024.
• Ohana Real Estate Investors borrowed $76.8 million from Deutsche Bank for 140 Schermerhorn Street, 71 Smith Street, 71 Smith Street, and 140 Schermerhorn Street, Boerum Hill, Brooklyn on December 05, 2023.
• Tidal Real Estate Partners sold 71 Smith Street, 71 Smith Street, and 140 Schermerhorn Street, Boerum Hill, Brooklyn for $13 million to Ohana Real Estate Investors on December 05, 2023.
• Tidal Real Estate Partners sold 140 Schermerhorn Street, Boerum Hill, Brooklyn for $97.5 million to Ohana Real Estate Investors on December 05, 2023.
• Ohana Real Estate Investors borrowed $65.8 million from Kennedy Wilson for 113 Jane Street, West Village, Manhattan on December 27, 2022.
• BD Hotels sold 113 Jane Street, West Village, Manhattan for $62 million to Ohana Real Estate Investorsand JK Hotel Group on December 27, 2022.