David Palame

(David A. Palame)

BrightSpire Capital

Lender

BrightSpire Capital portfolio

$56.3 million* – office 100%; Queens 100%, Manhattan 0%

885th largest portfolio by dollar value

297,087 sqft – office 100%;

908th largest by SF

2 properties – Queens 100%, Manhattan 0%

2981th largest

Person Activity past 24 months:

Buyer signatory: 2 for $127.6 million

Top Ten Associated Companies:

Related Companies (2), Tidal Real Estate Partners (1)

Top Ten Associated People:

Patrick Sweeney (2), Kenneth Copeland (1)

Recent activity as company:

• Related Companies sold 21-09 Borden Avenue, Long Island City, Queens for $63.3 million to BrightSpire Capital on June 30, 2023.

• Related Companies sold 21-00 49th Avenue, Long Island City, Queens for $64.3 million to BrightSpire Capital on June 23, 2023.

• Tidal Real Estate Partners borrowed $29 million from BrightSpire Capital for 326 Wythe Avenue, 70 Grand Street, 57 South 1st Street, and 72 Grand Street, Williamsburg, Brooklyn on May 17, 2022.

• Clutter borrowed $23.8 million from FS Investments for 5601 Foster Avenue and 5633 Foster Avenue, East Flatbush, Brooklyn on September 20, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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