BentallGreenOak

BentallGreenOak portfolio

$747.7 million* – office 60%, elevator 38%; Manhattan 98%, Brooklyn 1%

80th largest portfolio by dollar value

2,222,493 sqft – office 55%, elevator 40%;

150th largest by SF

7 properties – Manhattan 57%, Brooklyn 42%

1125th largest

858 residential units – Manhattan 100%, Bronx 0%

275th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $20.4 million

Seller company: 3 for $86.7 million

Borrower company: 2 for $647.4 million

Top Ten Associated People:

Charles Monchik (2), Andrew Levison (1), Brad Cohen (1), Atit Javeri (1), Amir Shriki (1), Avi Hiaeve (1), Mario Barraza (1)

Recent activity as company:

Tokyu Land Corporation, L&L Holding Company and BentallGreenOak borrowed $484 million from Sumitomo Mitsui Trust Bank for 425 Park Avenue, Midtown East, Manhattan on April 12, 2024.

BentallGreenOak sold 5 East 59th Street, Lenox Hill, Manhattan for $26.7 million to Avi Hiaeve on February 29, 2024.

BentallGreenOak sold 125 Riverside Drive and 120 Riverside Drive, Upper West Side, Manhattan for $31 million to AYA Acquisitions on February 02, 2024.

BentallGreenOak sold 91 Crosby Street, SoHo, Manhattan for $29 million to Javeri Capital on January 12, 2024.

Charles Monchik sold 2300 Linden Boulevard, East New York, Brooklyn for $20.4 million to BentallGreenOak on April 10, 2023.

BentallGreenOak and Slate Property Group borrowed $163.4 million from Affinius Capital and Clarion Partners for 770 8th Avenue, Hell’s Kitchen, Manhattan on March 27, 2023.

BentallGreenOak sold 236 Livingston Street, 236 Livingston Street, 236 Livingston Street, and 236 Livingston Street, Boerum Hill, Brooklyn for $142.3 million to Dermot Company, USAA Real Estate and PGGM on June 22, 2022.

Turnbridge Equities sold 2300 Linden Boulevard, Brooklyn, Brooklyn for $24.8 million to BentallGreenOak on February 16, 2021.

BentallGreenOak borrowed $150 million from Heitman LLC for 685 3rd Avenue, Grand Central, Manhattan on January 07, 2020.

Safehold Inc. sold 685 3rd Avenue, Grand Central, Manhattan for $271.2 million to BentallGreenOak on December 27, 2019.

Latest Stories:

• Tokyu, L&L, BGO sign $484M loan with Sumitomo Mitsui Trust in Midtown East, part of $911M deal (April 15, 2024)

• Watch dealer Avi Hiaeve pays $26.7M for former Playboy Club building in foreclosure (February 29, 2024)

• AYA pays $31M to BentallGreenOak for UWS rentals, down from $85M in 2013 (February 02, 2024)

• Javeri Capital pays $29M to BentallGreenOak for mixed-use rental in SoHo (January 15, 2024)

• BentallGreenOak pays $20.4M for industrial in East New York where it was tenant (April 11, 2023)

• BentallGreenOak, Slate sign $163.4M senior loan for Hell’s Kitchen rental, part of $248M refi (March 28, 2023)

• Judge orders foreclosure sale of BentallGreenOak, Capstone building with $69M in debt (February 13, 2023)

• Dermot pays $142.3M to BentallGreenOak for 271-unit rental in Boerum Hill (June 23, 2022)

• L&L, BentallGreenOak, Tokyu signs $467.5M refi loan with Blackstone, Otera, part of $911.4M financing (January 10, 2022)

• BentallGreenOak buys $24.8M ground lease from Turnbridge, Harbor Group for Amazon-leased parcel (February 17, 2021)

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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