Mrinal Dansingani

Deutsche Bank

Lender

1 Columbus Cir 15th floor New York, NY 10019

LinkedIn

Deutsche Bank portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$125.3 million – condo 70%, office 29%; Manhattan 100%, Bronx 0%

441th largest portfolio by dollar value

455,488 sqft – condo 61%, office 38%;

639th largest by SF

6 properties – Manhattan 100%, Bronx 0%

151th largest

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 2 for $255.8 million

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

Top Ten Associated Companies:

Legion Investment Group (1), InterVest Capital Partners (1)

Top Ten Associated People:

Victor Sigoura (1), Michael Gontar (1)

Recent activity as signatory:

InterVest Capital Partners borrowed $200 million from Deutsche Bank for 720 West End Avenue, Upper West Side, Manhattan on January 03, 2025.

Legion Investment Group borrowed $55.8 million from Deutsche Bank for 540 West 21st Street, Chelsea, Manhattan on April 17, 2024.

Macklowe Properties borrowed $664.5 million from Deutsche Bank for 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, and others, Financial District, Manhattan on September 29, 2023.

Mitchell Holdings borrowed $0 from Capstone Equities for 19 West 31st Street, Penn Station, Manhattan on January 09, 2023.

FBE Limited borrowed $94.5 million from Signature Bank for 409 Eastern Parkway, 409 Eastern Parkway, 409 Eastern Parkway, and 409 Eastern Parkway, Crown Heights, Brooklyn on January 19, 2022.

• CBSK Ironstate borrowed $70 million from Madison Realty Capital for 1228 Madison Avenue, Carnegie Hill, Manhattan on August 24, 2021.

Normandy Real Estate Partners borrowed $75 million from Waterfall Asset Management for 47-37 Austell Place, Long Island City, Queens on January 11, 2021.

Latest Stories:

• InterVest signs $200M refi for UWS condo building with nearly $440M sellout January 06, 2025

• Legion buys bankrupt Casco Chelsea dev site for $87.4M April 17, 2024

• Macklowe Properties signs $664.5M refi with Deutsche Bank for unsold condo units in FiDi October 02, 2023

• Casco puts $539M Chelsea condo project in bankruptcy to prep for sale August 03, 2023

• Capstone Equities acquires Penn Plaza hotel from Mitchell Holdings that had $41M debt June 22, 2023

• Cain International acquires $180.8M debt secured by InterVest’s UWS condo project, part of $500M loan portfolio June 16, 2023

• Capstone Equities buys $41M note secured by Mitchell Holdings hotel in Penn Plaza January 10, 2023

• Wafra files plans for 132-unit condo on UWS, second largest in Manhattan this year December 05, 2022

• Arel Capital, CBSK Ironstate sell 3 apartments for $55M at 1228 Madison in Carnegie Hill June 24, 2022

• $50M note sold, debt secured by Casco Development’s 30-unit condo in Chelsea April 15, 2022