A&H Acquisitions
(ACHS Management)
1412 Broadway, 3rd Floor New York, New York 10018, United States
A&H Acquisitions portfolio
$425.7 million – retail 53%, office 24%; Manhattan 43%, Brooklyn 26%
150th largest portfolio by dollar value
1,430,159 sqft – retail 60%, mixed-use 21%;
229th largest by SF
71 properties – Brooklyn 39%, Queens 26%
88th largest
127 residential units – Bronx 54%, Manhattan 39%
671th largest by residential units
0 foreclosures, 1 bankruptcy, 2 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $15 million
Seller company: 2 for $16.8 million
Borrower company: 5 for $59.5 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Valley National Bank (2), J.T. Tai & Co. Foundation (2), Signature Bank (2), Penn South Capital (1), Hysen Mehmetaj (1), Vincent Theurer (1), Richard Adjmi (1), Metropolitan Commercial Bank (1), Flushing Bank (1), NongHyup Bank (1)
Top Ten Associated People:
Parag Sawheny (1), Hysen Mehmetaj (1), Vincent Theurer (1), Richard Adjmi (1), Dennis Graham (1), Craig Zajac (1), Kueichu W. Hsu (1), Keuichu W. Hsu (1), Francesco Pizzolla (1), Adam Brenner (1)
Recent activity as signatory:
• A&H Acquisitions sold 100-07 Queens Boulevard, Forest Hills, Queens for $11.4 million to Zorislav Spivak on December 27, 2024.
• Jackson Group and ACHS Management sold 2147 86th Street, Bensonhurst, Brooklyn for $5.4 million to Amerasia Bank on September 11, 2024.
• A&H Acquisitions borrowed $9.8 million from Metropolitan Commercial Bank for 531 86th Street, Bay Ridge, Brooklyn on July 22, 2024.
• ACHS Management borrowed $11 million from Valley National Bank for 73-97 Empire Boulevard, Crown Heights, Brooklyn on July 12, 2024.
• Aurora Capital Associates and A&H Acquisitions borrowed $19.4 million from Webster Bank for 2952 3rd Avenue, Longwood, Bronx on July 05, 2024.
• Wharton Properties and Aurora Capital Associates and ACHS Management borrowed $10 million from NongHyup Bank for 511 5th Avenue, Grand Central, Manhattan on April 18, 2024.
• J.T. Tai & Co. Foundation sold 18 East 67th Street, Lenox Hill, Manhattan for $7.5 million to ACHS Management on February 08, 2024.
• J.T. Tai & Co. Foundation sold 17 East 70th Street, Lenox Hill, Manhattan for $7.5 million to ACHS Management on February 07, 2024.
• ACHS Management and Aurora Capital Associates borrowed $9.4 million from Flushing Bank for 700-710 Pelham Parkway South, Pelham Parkway, Bronx on January 09, 2024.
• Bridges Development Group and A&H Acquisitions for Michael Berfield filed plans for Full Demolition for 30,699 sqft in Crown Heights, Brooklyn, on June 02, 2023.
Latest Stories:
• Aurora, A&H sign $19.4M refi with Webster Bank for retail in Longwood (July 08, 2024)
• Bobby Adjmi buys 2nd Lenox Hill property from J.T. Tai & Co., for $7.5M (February 09, 2024)
• Bobby Adjmi pays $7.5M to nonprofit for 13-unit rental in Lenox Hill (February 08, 2024)
• Adjmi, Bridges file demo plans in Crown Heights, no new plans filed (June 06, 2023)
Litigation: