David Brooks

(David N. Brooks)

General Counsel

Fortress Investment Group

Owner

1345 Avenue of the Americas New York, NY 10105

LinkedIn

Fortress Investment Group portfolio

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

$132.3 million – elevator 100%; Manhattan 100%, Bronx 0%

421th largest portfolio by dollar value

589,218 sqft – elevator 100%;

523th largest by SF

3 properties – Manhattan 100%, Bronx 0%

154th largest

594 residential units – Manhattan 100%, Bronx 0%

330th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 1 for $17.4 million

Lender signatory: 3 for $373 million

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

Top Ten Associated Companies:

East End Capital (1), VOREA Group (1), MCR (1), Island Capital Group (1), Axos Bank (1), Apollo Global Management (1), Newbond Holdings (1), Alchemy Ventures (1), Argo Real Estate (1), Wainbridge Capital (1)

Top Ten Associated People:

Jonathan K. Yormak (1), Peter Papamichael (1), William White (1), Tracey Gamble (1), Brian W. Mahoney (1), Mark Moskowitz (1), Mikhail Kurnev (1)

Recent activity as signatory:

Apollo Global Managementand Newbond Holdings borrowed $89.5 million from Fortress Investment Group for 234 West 42nd Street, Times Square, Manhattan on February 01, 2024.

MCRand Island Capital Group borrowed $260 million from Fortress Investment Group for 811 7th Avenue, Midtown West, Manhattan on December 04, 2023.

Fortress Investment Group borrowed $17.4 million from Axos Bank for 215 Moore Street, 225 Moore Street, 201 Moore Street, 203 Moore Street, 216 Seigel Street, and others, East Williamsburg, Brooklyn on October 13, 2023.

Himmel + Meringoff Properties borrowed $29.5 million from TriState Capital Bank for 34-02 Queens Boulevard, Long Island City, Queens on October 11, 2023.

Grubb Properties borrowed $45.1 million from Naftali Credit Partners for 111 Washington Street, Financial District, Manhattan on August 10, 2023.

VOREA Group borrowed $23.5 million from 360 Capital Funding for 10-04 Borden Avenue, Long Island City, Queens on January 17, 2023.

Delshah Capital borrowed $26 million from Customers Bank for 429-435 Grand Avenue, 88-100 Downing Street, 423-427 Grand Avenue, and 27-29 Putnam Avenue, Clinton Hill, Brooklyn on May 31, 2022.

Wainbridge Capital borrowed $34 million from 360 Capital Funding for 401 West Street, West Village, Manhattan on April 29, 2022.

East End Capital borrowed $79.6 million from Fortress Investment Group for 139 East Houston Street, Lower East Side, Manhattan on April 08, 2022.

Alchemy Ventures borrowed $25.1 million from Fortress Investment Group for 142 West 4th Street and 140 West 4th Street, Greenwich Village, Manhattan on February 10, 2022.

Latest Stories:

• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi May 23, 2024

• Bungalow Projects pays $41.45M to Fortress, Aview for former Heritage sites January 08, 2024

• MCR, Island Capital Group sign $260M refi with Fortress for hotel in Midtown West December 05, 2023

• Fortress acquires Heritage’s East Williamsburg dev site valued at $25.5M October 16, 2023

• Himmel + Meringoff Properties signs $29.5M refi for LIC industrial October 12, 2023

• Grubb Properties signs $45.1M refi loan with Naftali Credit Partners for 388-unit development in FiDi August 11, 2023

• Argo Real Estate signs $47M refi for development in Greenwich Village June 20, 2023

• VOREA signs $23.5M construction loan with 360 Capital for LIC office development January 18, 2023

• Apollo Global Management pays $83.5M to Torchlight Investors for hotel in Times Square October 04, 2022

• Himmel + Meringoff files $3.3M rehab plans in LIC September 19, 2022