Cine Magic Companies
People:
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Cine Magic Companies portfolio
$4.5 million* – industrial 100%; Queens 100%, Manhattan 0%
4003th largest portfolio by dollar value
52,500 sqft – industrial 100%;
2793th largest by SF
Company Activity past 24 months:
Buyer company: 1 for $19.1 million
Borrower company: 1 for $10.8 million
Top Ten Associated Companies:
Top Ten Associated People:
Gary Dean (1), Keyvan Ghaytanchi (1)
Recent activity as company:
• Cine Magic Companies borrowed $10.8 million from BEB Capital for 47-50 30th Street, Long Island City, Queens on January 11, 2024.
• Alexandria Real Estate Equities sold 47-50 30th Street, Long Island City, Queens for $19.1 million to Cine Magic Companies on January 11, 2024.
Latest Stories:
• Cine Magic pays $19.1M to Alexandria to develop new LIC film studios (January 12, 2024)
• Alexandria Real Estate Equities paid $25M to Prestone Printing (July 27, 2019)
Properties:
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.