Karan Suri

Hawkins Way Capital

Hawkins Way Capital|Hawkins Way Capital|Varde Partners portfolio

$216 million* – condo 44.0%, hotel 41.0%; Manhattan 86.0%, Brooklyn 13.0%

286th largest portfolio by dollar value

947,685 sqft – condo 44.0%, hotel 42.0%;

361th largest by SF

7 properties – Brooklyn 57%, Manhattan 42%

1134th largest

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Developer (new building or major alteration): 6.0 for 426,995 square feet

Top Ten Associated Companies:

CIM Group (1), RLJ Lodging Trust (1), G4 Capital Partners (1), Deka Immobilien (1), Madison Realty Capital (1)

Top Ten Associated People:

Nathan DeBacker (1), Leslie D. Hale (1), Enda Bracken (1), Simona Vigneron (1)

Recent activity as company:

Hawkins Way Capital and Varde Partners borrowed $166.5 million from Madison Realty Capital for 525 Lexington Avenue, Midtown East, Manhattan on February 06, 2023.

Deka Immobilien sold 525 Lexington Avenue, Midtown East, Manhattan for $153.4 million to Hawkins Way Capital and Varde Partners on February 06, 2023.

RLJ Lodging Trust sold 569 Lexington Avenue, Midtown East, Manhattan for $146 million to Hawkins Way Capital on January 06, 2022.

Hawkins Way Capital borrowed $119 million from G4 Capital Partners for 569 Lexington Avenue, Midtown East, Manhattan on January 06, 2022.

Hawkins Way Capital borrowed $69 million from CIM Group for 97 Columbia Heights, 119 Columbia Heights, 97 Columbia Heights, and 97 Columbia Heights, Brooklyn Heights, Brooklyn on January 03, 2022.

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

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