Bruce Rickert
Argentic Investment Management
(Argentic Services Company, Argentic Real Estate Investment, Argentic Real Estate Mortgage, Argentic Real Estate Finance)
Lender
Argentic Investment Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$9.2 million – condo 74%, industrial 25%; Manhattan 74%, Brooklyn 25%
2752th largest portfolio by dollar value
49,274 sqft – condo 66%, industrial 33%;
2843th largest by SF
8 properties – Manhattan 87%, Brooklyn 12%
149th largest
1 foreclosure, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $7.7 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 1 for $8.7 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Moinian Group (1), Thomas McCloskey (1), Michael Pomeranc (1), JTRE (1), Iyad Hamsho (1)
Top Ten Associated People:
Joseph Moinian (1), Thomas McCloskey (1), Michael Pomeranc (1), Iyad Hamsho (1)
Recent activity as signatory:
• Iyad Hamsho borrowed $8.7 million from Series 2017-H1 for 146 Mulberry Street, Little Italy, Manhattan on October 16, 2024.
• Thomas McCloskey sold 413 20th Street, Greenwood Heights, Brooklyn for $7.7 million to Argentic Investment Management on August 01, 2024.
• Moinian Group borrowed $31.8 million from Series 2017-CD6 for 120 West 44th Street, Midtown West, Manhattan on August 30, 2022.
• JTRE borrowed $26 million from LBC2 Trust for 6 West 28th Street and 8 West 28th Street, NoMad, Manhattan on May 20, 2022.
• JTRE borrowed $0 from Argentic Investment Management for 6 West 28th Street and 8 West 28th Street, Nomad, Manhattan on May 25, 2021.
• Michael Pomeranc borrowed $64.3 million from Argentic Investment Management for 190 Allen Street, Lower East Side, Manhattan on April 30, 2021.