Banco Inbursa

Company Activity past 24 months:

Lender company: 4 for $755 million

Top Ten Associated Companies:

Silverstein Properties (2), Lightstone Group (2), Arden Group (1), Extell Development (1), Metro Loft Management (1)

Top Ten Associated People:

Michael Levy (2), Joseph S. Caruso (1), Gershon Barnett (1), Joseph E. Teichman (1)

Recent activity as company:

Extell Development borrowed $220 million from Banco Inbursa for 32 West 48th Street and N/A West 48th Street, Midtown West, Manhattan on December 22, 2023.

Silverstein Properties and Metro Loft Management borrowed $220 million from Banco Inbursa for 55 Broad Street, Financial District, Manhattan on August 04, 2023.

Arden Group borrowed $150 million from Banco Inbursa for 4650 Broadway, Washington Heights, Manhattan on April 20, 2023.

Silverstein Properties borrowed $165 million from Banco Inbursa for 44-01 Northern Boulevard, Astoria, Queens on February 22, 2023.

HFZ Capital Group borrowed $22.8 million from Allied Capital and Development for 16 West 40th Street, 16 West 40th Street, 16 West 40th Street, 16 West 40th Street, 16 West 40th Street, and others, Grand Central, Manhattan on June 28, 2022.

Lightstone Group borrowed $35 million from Banco Inbursa for 325 Exterior Street, Mott Haven, Bronx on September 24, 2021.

Lightstone Group borrowed $68 million from G4 Capital Partners for 361 Bedford Avenue, Williamsburg, Brooklyn on August 18, 2021.

Lightstone Group borrowed $20 million from Banco Inbursa for 325 Exterior Street, Mott Haven, Bronx on December 10, 2019.

Latest Stories:

• Lightstone Group signs $86M refi with Western Alliance Bank for Moxy hotel in Williamsburg (April 24, 2024)

• Extell signs $220M construction loan for 534-key project in Midtown West (December 26, 2023)

• Silverstein, Metro Loft pay $172.5M to Rudin for tower in FiDi, get $220M construction loan (August 10, 2023)

• Arden Group signs $150M construction loan with Banco Inbursa for 222-unit project in Washington Heights (April 21, 2023)

• Silverstein Properties signs $165M new construction loan with Banco Inbursa for 354-unit project in Astoria (February 23, 2023)

• Embattled developer HFZ Capital signs $22.8M condo inventory loan with Allied Capital at The Bryant (June 29, 2022)

• Verizon pays $74.7M to Lightstone Group for industrial in Mott Haven (January 07, 2022)

• Silverstein Properties pays $39.8M to Major World owner for Astoria dev parcels (December 03, 2021)

• Lightstone Group signs $35M refi with Banco Inbursa for industrial in Mott Haven (September 27, 2021)

• Lightstone signs $68M new construction loan with G4 Capital for development in Williamsburg (August 19, 2021)

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