Legion Investment Group
People:
Legion Investment Group portfolio
$80.4 million* – office 33%, mixed-use 18%; Manhattan 97%, Brooklyn 2%
673th largest portfolio by dollar value
386,769 sqft – elevator 54%, office 28%;
752th largest by SF
14 properties – Manhattan 85%, Brooklyn 14%
623th largest
76 residential units – Manhattan 84%, Brooklyn 15%
1693th largest by residential units
Company Activity past 24 months:
Buyer company: 7 for $235.2 million
Borrower company: 6 for $431.7 million
Top Ten Associated Companies:
Deutsche Bank (4), Hee Nam Bae (3), ACORE Capital (2), Maxim Capital Group (2), Kamran Hakim (1), Richard Basch (1), JPMorgan Chase (1), Casco Development (1), Philips International (1), Lawland Properties (1)
Top Ten Associated People:
Jay H. Kim (4), Mrinal Dansingani (1), R. Chris Jones (1), Kamran Hakim (1), Richard Basch (1), Jon Tilli (1), Matt Smith (1), Roni C. Kotel (1), Mimi Ho (1), Philip Pilevsky (1)
Recent activity as company:
• Legion Investment Group borrowed $53.7 million from Maxim Capital Group for 5 West 13th Street, Greenwich Village, Manhattan on December 19, 2024.
• Legion Investment Group borrowed $195.1 million from Deutsche Bank for 18-20 East 84th Street, 1122 Madison Avenue, 1128 Madison Avenue, 26 East 84th Street, 24 East 84th Street, and others, Carnegie Hill, Manhattan on August 05, 2024.
• Legion Investment Group borrowed $37.5 million from Maxim Capital Group for 8 West 14th Street, Greenwich Village, Manhattan on May 14, 2024.
• Philips International, Lawland Properties, Arnold Penner Real Estate and Rhodes Building Management sold 8 West 14th Street, Greenwich Village, Manhattan for $57.5 million to Legion Investment Group on May 14, 2024.
• Legion Investment Group borrowed $55.8 million from Deutsche Bank for 540 West 21st Street, Chelsea, Manhattan on April 17, 2024.
• Casco Development sold 540 West 21st Street, Chelsea, Manhattan for $87.4 million to Legion Investment Group on April 17, 2024.
• Legion Investment Group borrowed $33.5 million from JPMorgan Chase for 256 3rd Avenue, 254 3rd Avenue, 252 3rd Avenue, and 258 3rd Avenue, Gramercy, Manhattan on March 06, 2024.
• Hee Nam Bae sold 258 Third Avenue, Gramercy, Manhattan for $21.2 million to Legion Investment Group on March 06, 2024.
• Ki Sook Choe sold 256 3rd Avenue, Gramercy, Manhattan for $17.1 million to Legion Investment Group on March 06, 2024.
• Hee Nam Bae sold 254 Third Avenue, Gramercy, Manhattan for $15 million to Legion Investment Group on March 06, 2024.
Latest Stories:
• Legion buys bankrupt Casco Chelsea dev site for $87.4M (April 17, 2024)
• Victor Sigoura’s Legion Investment pays $68.3M for dev parcels in Gramercy (March 06, 2024)
• Legion Investment Group plans 22-unit mixed-use in Carnegie Hill (November 03, 2023)
• Casco puts $539M Chelsea condo project in bankruptcy to prep for sale (August 03, 2023)
• Legion Investment pays $21.1M to Kamran Hakim, adding to Carnegie Hill assemblage (May 11, 2022)
Properties: