Atlas Capital Group

40 West 57th Street 29th floor New York, NY 10019

People:

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Atlas Capital Group portfolio

$476.8 million* – elevator 76.0%, condo 17.0%; Manhattan 54.0%, Brooklyn 45.0%

130th largest portfolio by dollar value

2,769,451 sqft – elevator 57%, D7 27%;

119th largest by SF

24 properties – Manhattan 87%, Brooklyn 12%

394th largest

2,530 residential units – Brooklyn 50%, Manhattan 49%

81th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $344.9 million

Seller company: 1 for $50.5 million

Borrower company: 4 for $1.2 billion

Top Ten Associated People:

Joshua G. Fensterstock (6), Assaf Ravid (2), Ephraim Diamond (2), Joshua Pickard (1), Diego Rico (1), Jeehae Lee (1), Joshua Zinns (1), David Tlusty (1), Carolyn Burgess (1), Daniel Rudin (1)

Recent activity as company:

Atlas Capital Group sold 548 West 22nd Street, Chelsea, Manhattan for $50.5 million to Fortinet on January 03, 2025.

Atlas Capital Group borrowed $131.5 million from State Street Bank and Trust for 74 De Kalb Avenue, Fort Greene, Brooklyn on October 21, 2024.

KKR & Co. and Dalan Management sold 80 Dekalb Avenue, Fort Greene, Brooklyn for $202.5 million to Atlas Capital Group on October 21, 2024.

Atlas Capital Group, Fairstead, Blackstone Group and Island Capital borrowed $272.7 million from Bridge Investment Group for 250 West 19th, 31 East 31st Street, 344 East 63rd Street, 451 East 83rd Street, 313 West 30th Street, and others, Chelsea, Manhattan on September 12, 2024.

Atlas Capital Group, Baupost Group and Zeckendorf Development borrowed $649 million from Cale Street Partners and Farallon Capital Management for 80 Clarkson Street, West Village, Manhattan on August 02, 2024.

Atlas Capital Group, Baupost Group and Zeckendorf Development borrowed $142.8 million from Citibank for 570 Washington Street, West Village, Manhattan on July 08, 2024.

Blackstone Group sold 238 West 19th Street, 31 East 31st Street, 449 East 83rd Street, 313 West 30th Street, 345 West 30th Street, and others, Chelsea, Manhattan for $142.4 million to Atlas Capital Group, Fairstead and Blackstone Group on August 25, 2023.

Atlas Capital Group, Zeckendorf Development and Baupost Group borrowed $257.4 million from Blackstone Group for 532 Washington Street, Hudson Square, Manhattan on July 15, 2022.

Westbrook Partners sold 532 Washington Street, Hudson Square, Manhattan for $340 million to Atlas Capital Group, Zeckendorf Development and Baupost Group on July 15, 2022.

Atlas Capital Group borrowed $136.5 million from MF1 Capital for 15 Park Row, 15 Park Row, 15 Park Row, 15 Park Row, 15 Park Row, and others, Financial District, Manhattan on July 01, 2022.

Latest Stories:

• Fortinet pays $50.5M to Atlas Capital Group for commercial in Chelsea (January 06, 2025)

• Atlas Capital pays $202.5M to KKR, Dalan for 365-unit rental in Fort Greene (October 22, 2024)

• Atlas Capital, Island Capital sign $272.7M refi loan with Bridge Investment Group for Manhattan portfolio (September 13, 2024)

• Atlas Capital, Baupost, Zeckendorf signs $649M senior construction loan in West Village, part of $985M package (August 05, 2024)

• Atlas Capital, Baupost, Zeckendorf sign $142.8M construction loan for in 175-unit affordable West Village (July 09, 2024)

• Carlyle, Botanic sell LIC industrial for $49M to Montperia Group (August 31, 2023)

• Atlas Capital acquires 51% stake valued at $142.4M in Blackstone Manhattan rental portfolio (August 28, 2023)

• Madison Realty Capital sells portion of $400M loan to Apollo at large development in Fort Greene (April 05, 2023)

• Top 200 buyers of NYC commercial real estate in 2022 (February 08, 2023)

• Atlas, Zeckendorf file plans for 133-unit tower, second filing at $1B Hudson Square project (October 21, 2022)

Court Records:

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Properties:

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

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