Adams & Company

Adams & Company portfolio

$424.8 million – office 100%; Manhattan 100%, Bronx 0%

148th largest portfolio by dollar value

1,736,418 sqft – office 100%;

179th largest by SF

7 properties – Manhattan 100%, Bronx 0%

151th largest

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 4 for $94 million

Seller company: 0 for $0

Borrower company: 4 for $107.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Rockrose Development (5), Apple Bank for Savings (4), Equity Resource Investments (1), Rothenberg Family (1), Laurie Kayden (1), Lincoln Life & Annuity Company of New York (1), Kofler Associates (1)

Top Ten Associated People:

Edward H. Traum (4), Cynthia Wang (3), Ted Traum (1), Mark S. Thompson (1), Nancy Rothenberg (1), Jonathan Blau (1), Andrew J. Tunick (1), Stephanie Feld (1)

Latest Stories:

• Adams & Company pays $43.6M to Rockrose for small stake in office in Flatiron District (August 24, 2023)

• Adams & Company pays $5.8M to Rockrose for 13% stake in office in Flatiron District (August 04, 2023)

• Adams & Company pays $28.1M to Rockrose for minority stakes in Flatiron District office building (July 26, 2023)

• Adams & Company pays $20.2M for 16% stake in Garment District building, puts value at $124M (January 28, 2022)

• Rockrose pays $148.2M to Adams & Company investors for just over 50% of NoMad office (January 07, 2022)

• Adams & Co. affiliate pays $4M to Kofler Associates for a stake in property in Flatiron (November 19, 2020)

• Adams & Company borrows $30M from Lincoln Life & Annuity to refi office property in Garment District (April 02, 2020)

• Anonymous buyer pays $26M for 12% stake in 1115 Broadway in Flatiron (March 23, 2020)

• anonymous buyer pays $40.6M for stake in Flatiron building where Rockrose has bought stakes (March 20, 2020)

• Small stakes in Adams & Company building in Flatiron where Rockrose bought interest sell to two entities for $9.75M (November 13, 2019)

Litigation:

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Properties:

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