Cayre Equities
Cayre Equities portfolio
$102.3 million* – industrial 83%, office 6%; Manhattan 49%, Brooklyn 34%
552th largest portfolio by dollar value
749,073 sqft – industrial 87%, specialty 6%;
439th largest by SF
12 properties – Brooklyn 50%, Manhattan 33%
711th largest
Company Activity past 24 months:
Buyer company: 1 for $16.1 million
Borrower company: 4 for $83.5 million
Top Ten Associated Companies:
Bank Hapoalim (4), Brookfield Properties (3), Customers Bank (2), Santander Bank (2), Metropolitan Commercial Bank (2), Signature Bank (1), NYC School Construction Authority (1), TD Bank (1), Monts and Associates (1), Bremen House (1)
Top Ten Associated People:
David Cohen (3), Gerard DePoalo (2), Judy Barnes (2), Douglas Rutley (1), Mimi Vu (1), Robert Fine (1), Nicholas Perpignan (1), Ami Whelan (1), Gonca Chelsea (1), Jay Shah (1)
Recent activity as company:
• Cayre Equities borrowed $8.5 million from Metropolitan Commercial Bank for 254-258 West 35th Street, Garment District, Manhattan on November 29, 2024.
• Bremen House and Gonca Tekiner Chelsea sold 254-258 West 35th Street, Garment District, Manhattan for $16.1 million to Cayre Equities on November 29, 2024.
• Cayre Equities borrowed $25.3 million from Bank Hapoalim for 25 Remsen Avenue, East Flatbush, Brooklyn on September 25, 2023.
• Cayre Equities borrowed $24.2 million from Bank Hapoalim for 1260 Atlantic Avenue, Crown Heights, Brooklyn on September 19, 2023.
• Cayre Equities borrowed $25.5 million from TD Bank for 122 West 146th Street, Harlem, Manhattan on April 25, 2023.
• Cayre Equities borrowed $10.5 million from Customers Bank for 271 Atkins Avenue, East New York, Brooklyn on August 16, 2022.
• Cayre Equities borrowed $5 million from Signature Bank for 5304 5th Avenue and 466 53rd Street, Sunset Park, Brooklyn on July 15, 2022.
• Cayre Equities borrowed $10 million from Customers Bank for 921 Hegeman Avenue, East New York, Brooklyn on May 18, 2022.
• Monts and Associates sold 1091 Sutter Avenue, East New York, Brooklyn for $7.8 million to Cayre Equities on May 03, 2022.
• Cayre Equities sold None, Cypress Hills, Brooklyn for $26.6 million to Brookfield Properties on March 04, 2022.
Latest Stories:
• Cayre Equities pays $16.1M for loft building in Garment District (December 02, 2024)
• Cayre Equities signs $25.3M refi for storage in East Flatbush (September 26, 2023)
• Cayre Equities signs $24.2M refi for storage in Crown Heights (September 20, 2023)
• Cayre Equities signs $25.5M refi loan with TD Bank for industrial in Harlem (April 26, 2023)
• Cayre Equities gets $13.7M rehab construction loan for Central Harlem project (February 02, 2021)
• Aurora Capital, Adjmi pay $10M for property in Meatpacking, Sunset Park (December 10, 2020)
Properties: