Benefit Street Partners
(Benefit Street Partners Real Estate)
People:
Company Activity past 24 months:
Lender company: 5 for $366.2 million
Top Ten Associated Companies:
Paramdeep Singh (2), Ashkenazy Acquisition (1), Emmut Properties (1), East Coast Acquisitions (1), Penn South Capital (1), Silver Star Properties (1), TriArch Real Estate Group (1), Clement Saad (1), Cadence Property Group (1), Lionheart Capital (1)
Top Ten Associated People:
John Young (1), Paramdeep Singh (1), Parag Sawhney (1), Arman Noghreh (1), Christopher M. DeAngelis (1), Clement Saad (1), Howard Glatzer (1), Ophir Sternberg (1), Robert Moser (1), Todd R. Pajonas (1)
Recent activity as company:
• Katan Realty Group, Kohan Retail Investment Group and Ilya Mikhailov borrowed $73 million from Benefit Street Partners for 341 7th Avenue, 287 7th Avenue, 343 7th Avenue, and 167 West 29th Street, Chelsea, Manhattan on January 16, 2025.
• Stuart Podolsky, Jay Podolsky and Chetrit Group borrowed $120 million from Benefit Street Partners for 1889 Broadway, Lincoln Square, Manhattan on January 14, 2025.
• Triarch Real Estate Group borrowed $21 million from Citibank for 2785 Broadway, Upper West Side, Manhattan on January 09, 2025.
• Time Equities borrowed $79.7 million from Benefit Street Partners for 50 West Street, 50 West Street, 50 West Street, 50 West Street, 50 West Street, and others, Financial District, Manhattan on December 02, 2024.
• Harkham Ventures borrowed $5 million from Morgan Stanley for 76-78 Carmine Street, Greenwich Village, Manhattan on November 27, 2024.
• Lionheart Capital borrowed $56.5 million from Benefit Street Partners for 26 West 9th Street, Greenwich Village, Manhattan on August 26, 2024.
• Ashkenazy Acquisition borrowed $57 million from Bank Hapoalim for 92-59 59th Avenue, Elmhurst, Queens on July 12, 2024.
• Prime Group Holdings borrowed $31.5 million from Societe Generale for 950 University Avenue, N/A University Avenue, 973 Summit Avenue, 971 Summit Avenue, and 969 Summit Avenue, Highbridge, Bronx on January 16, 2024.
• Cadence Property Group borrowed $37 million from Benefit Street Partners for N/A West 52nd Street and 360 West 52nd Street, Hell’s Kitchen, Manhattan on August 08, 2023.
• Emmut Properties borrowed $68.5 million from Deutsche Bank for 45 West 81st Street, Upper West Side, Manhattan on July 28, 2023.
Latest Stories:
• Kohan Retail, partners pay $85M to Namdar, Empire for office in Chelsea (January 17, 2025)
• Ashkenazy Acquisition ups debt to $57M from $31M at Queens Center Mall (July 15, 2024)
• Prime Group signs $31.5M refi for industrial properties in Highbridge (January 17, 2024)
• Cadence Property Group pays $3.4M to add to dev site in Hell’s Kitchen (August 04, 2023)
• Cadence Property Group plans 32-unit project in Hell’s Kitchen (June 06, 2023)
• Benefit Street sues Toby Moskovits, Michael Lichtenstein for $29M (May 15, 2023)
• Cadence Property Group pays $15.5M for dev site in Hell’s Kitchen (May 03, 2023)
Court Records: