Riese Organization

Riese Organization portfolio

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 2 for $49.2 million

Borrower company: 1 for $0

Lender company: 0 for $0

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

Top Ten Associated Companies:

T30 Capital (2), Hiu Ian Cheng (1), Argent Ventures (1), Major Capital (1), Minamoto Kitchoan (1)

Top Ten Associated People:

Hiu Ian Cheng (1), Andrew Penson (1), Margaret Grossman (1)

Latest Stories:

• Note holder acquires Union Square dev site from Riese Org. in $11.2M transfer (October 25, 2024)

• Argent Ventures sells minority stake in Crowne Plaza hotel building in Times Square for $53.3M (August 16, 2024)

• Anonymous buyer pays $38M to Riese Organization for Fifth Avenue retail (December 19, 2023)

• Argent Ventures pays $17.2M to Riese for last portion of fee in bankrupt Times Square hotel it did not own (January 06, 2023)

• Argent, Vornado break Times Square hotel deadlock with bankruptcy plan, $419M in senior debt (December 29, 2022)

• Hiu Ian Cheng pays $12.2M to Riese Organization for mixed-use in FiDi (April 11, 2022)

• SL Green pays $121M to Friedland for portion of fee under Vornado’s Crowne Plaza Times Square (October 01, 2021)

• Minamoto Kitchoan pays $45M to Riese Organization for property in Plaza District (April 19, 2021)

• Argent borrows from H&R REIT to buy $195M note on Vornado Times Square hotel (January 15, 2021)

Properties: