Karan Suri
Hawkins Way Capital
Hawkins Way Capital|Hawkins Way Capital|Varde Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$216 million – condo 44.0%, hotel 41.0%; Manhattan 86.0%, Brooklyn 13.0%
269th largest portfolio by dollar value
947,685 sqft – condo 44.0%, hotel 42.0%;
346th largest by SF
7 properties – Brooklyn 57%, Manhattan 42%
150th largest
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $153.4 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $166.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 426,995 square feet
Top Ten Associated Companies:
CIM Group (1), RLJ Lodging Trust (1), G4 Capital Partners (1), Deka Immobilien (1), Madison Realty Capital (1)
Top Ten Associated People:
Nathan DeBacker (1), Leslie D. Hale (1), Enda Bracken (1), Simona Vigneron (1)
Recent activity as signatory:
• Karan Suri filed plans for major alteration for 426,995 sqft in Midtown East, Manhattan, on March 30, 2023.
• Hawkins Way Capitaland Varde Partners borrowed $166.5 million from Madison Realty Capital for 525 Lexington Avenue, Midtown East, Manhattan on February 06, 2023.
• Deka Immobilien sold 525 Lexington Avenue, Midtown East, Manhattan for $153.4 million to Hawkins Way Capitaland Varde Partners on February 06, 2023.
• Karan Suri filed plans for major alteration for 383,707 sqft in Midtown East, Manhattan, on February 03, 2022.
• RLJ Lodging Trust sold 569 Lexington Avenue, Midtown East, Manhattan for $146 million to Hawkins Way Capital on January 06, 2022.
• Hawkins Way Capital borrowed $119 million from G4 Capital Partners for 569 Lexington Avenue, Midtown East, Manhattan on January 06, 2022.
• Hawkins Way Capital borrowed $69 million from CIM Group for 97 Columbia Heights, 119 Columbia Heights, 97 Columbia Heights, and 97 Columbia Heights, Brooklyn Heights, Brooklyn on January 03, 2022.