Benjamin Shaoul

Magnum Real Estate Group

Magnum Real Estate Group|RoundSquare Development|Magnum Real Estate Group|CIM Group portfolio

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

$164.8 million – condo 90.0%, C0 4.0%; Manhattan 100.0%, Bronx 0.0%

348th largest portfolio by dollar value

740,384 sqft – condo 95.0%, elevator 3.0%;

427th largest by SF

84 properties – Manhattan 100%, Bronx 0%

78th largest

104 residential units – Manhattan 100.0%, Bronx 0.0%

694th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $17.6 million

Seller signatory: 2 for $47.6 million

Borrower signatory: 3 for $69.8 million

Lender signatory: 0 for $0

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

Top Ten Associated People:

Andrea Riina (2), Mindy H. Stern (2), Seth Yablans (1), Elad Dror (1), Melissa D. Hirsch (1), Elena Dokianos (1), Avi Lieberman (1), Michael S. Birajiclian (1), Timothy Merjos (1), Elaine McKay (1)

Recent activity as signatory:

Magnum Real Estate Group borrowed $35.3 million from BH3 Management for 140 West Street, 140 West Street, 140 West Street, and 140 West Street, None, Manhattan on October 08, 2024.

Magnum Real Estate Groupand CIM Group sold 140 West Street and 140 West Street, None, Manhattan for $17.6 million to Magnum Real Estate Group on October 08, 2024.

Magnum Real Estate Group borrowed $25 million from Israel Discount Bank for 815 Broadway, Greenwich Village, Manhattan on July 09, 2024.

Magnum Real Estate Group borrowed $9.5 million from JPMorgan Chase for 131 Charles Street, West Village, Manhattan on October 26, 2023.

Magnum Real Estate Group sold 163 Ludlow Street, 165 Ludlow Street, and 167 Ludlow Street, Lower East Side, Manhattan for $30 million to Tatar Holding on May 04, 2023.

Magnum Real Estate Group sold 81 Charles Street, West Village, Manhattan for $4 million to Northern Trust Company on February 03, 2022.

Magnum Real Estate Group sold 81 Charles Street, West Village, Manhattan for $10.2 million to Northern Trust on January 06, 2022.

Seth Yablans sold 81 Charles Street, West Village, Manhattan for $6 million to Magnum Real Estate Group on January 05, 2022.

Magnum Real Estate Group borrowed $23.5 million from Bank of Montreal for 167 Ludlow Street, 165 Ludlow Street, and 163 Ludlow Street, Lower East Side, Manhattan on September 13, 2021.

RoundSquare Development sold 133 West 22nd Street, Chelsea, Manhattan for $2.4 million to AKAM Living Services on May 26, 2021.

Litigation:

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