Alma Realty

People:

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Alma Realty portfolio

$734.6 million – elevator 67.0%, walkup 17.0%; Brooklyn 35.0%, Manhattan 34.0%

77th largest portfolio by dollar value

7,437,054 sqft – elevator 69.0%, walkup 18.0%;

31th largest by SF

158 properties – Manhattan 48%, Brooklyn 21%

36th largest

6,879 residential units – Manhattan 41.0%, Brooklyn 34.0%

21th largest by residential units

0 foreclosures, 0 bankruptcies, 14 other court cases.

Company Activity past 24 months:

Buyer company: 7 for $60.8 million

Seller company: 2 for $8.3 million

Borrower company: 7 for $189.4 million

Lender company: 0 for $0

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

Top Ten Associated People:

Brian Ritter (6), John Mavroudis (2), Ursula Flores (2), Matthew P. Cullen (2), Eric Silverstein (2), Craig Lewner (1), Anthony Trupia (1), Mark Stagg (1), Louis Ciniglio (1), Gail Naviasky (1)

Latest Stories:

• Alma Realty signs $9.8M refi for two rentals in Upper Manhattan (September 23, 2024)

• Stagg Group signs $16.8M refi with Berkadia for 72-unit rental in West Farms (April 08, 2024)

• Alma Realty pays $13.1M to Sentinel for 96-unit rental in Sheepshead Bay (December 06, 2023)

• Sentinel sells two rentals for $18.1M to Alma Realty, one was part of $4M kickback settlement (September 14, 2023)

• Alma Realty pays $5.1M to Sentinel for 59-unit rental in Flatbush (September 12, 2023)

• Alma Realty pays $10.7M to Sentinel for 88-unit rental in Washington Heights (September 11, 2023)

• Chestnut Holdings pays $4.3M to Alma Realty for 24-unit walkup in Belmont (June 08, 2023)

• Alma Realty pays $10.6M to Sentinel Real Estate for 50-unit rental in Inwood (May 02, 2023)

• Alma Realty signs $49M refi loan with Dime for 10 properties in Manhattan (July 28, 2022)

• Alma Realty signs $14.8M refi for two residential elevator properties in Cypress Hills (April 18, 2022)

Litigation:

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Properties:

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