Cape Advisors

People:

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Cape Advisors portfolio

$53.8 million – elevator 56%, office 39%; Queens 56%, Manhattan 43%

890th largest portfolio by dollar value

430,905 sqft – elevator 87%, office 12%;

678th largest by SF

5 properties – Queens 60%, Manhattan 40%

152th largest

562 residential units – Queens 99%, Manhattan 0%

346th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $51.9 million

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 0 for $0

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

Top Ten Associated Companies:

AIG (1), Blackstone Group (1), Cottonwood Communities (1), UBS Realty Investors (1), KPG Funds (1), Pioneer Group (1), Morgan Stanley (1)

Top Ten Associated People:

Kevin Pivnick (1), Gregory Kraut (1), Cynthia Eckes (1)

Latest Stories:

• Movcap pays $27.5M to UBS fund for retail in East Village, was $35M in 2020 (November 18, 2024)

• Cape Advisors buys 12% stake from partner Cottonwood at 3 Astoria rentals (July 31, 2024)

• KPG Funds signs $9M refi with Ready Capital for retail in Tribeca (May 17, 2023)

• Moscow-based Pioneer Group sells Astoria West stake to partner Cape Advisors valued at $155.3M (April 28, 2022)

• Cape Advisors signs $43.5M refi loan with Morgan Stanley for office building in Little Italy (December 17, 2021)

• Greg Kraut’s KPG Funds pays $12M to Cape Advisors for retail condo in Tribeca (January 21, 2021)

• UBS Realty Investors pays $35M to Craig Wood’s Cape Advisors for property in East Village (April 28, 2020)

• UBS Realty Investors borrows $34M from UBS Realty Investors for property in East Village (April 28, 2020)

Properties:

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