Citibank
(Citi Real Estate Funding, Citi)
388 Greenwich Street Trading Building, 4th Floor New York, NY 10013
People:
Citibank portfolio
$1.1 billion* – office 100%; Manhattan 100%, Bronx 0%
56th largest portfolio by dollar value
2,354,289 sqft – office 100%;
137th largest by SF
2 foreclosures, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Lender company: 89 for $3.5 billion
Top Ten Associated Companies:
KSL Capital Partners (11), Joel Schwartz (10), Hersha Hospitality Trust (6), Sabet Group (4), Camber Property Group (4), PIMCO (4), Shmuel Kairy (4), RFR Holding (3), StorageMart (3), Bronstein Properties (3)
Top Ten Associated People:
Kevin Rohnstock (6), Albert Kalimian (5), Joel Schwartz (5), Shmuel Kairy (5), Ashish Parikh (5), Alfred Sabetfard (4), Justin Amirian (4), Devin Chen (4), Debra Kalimian (3), Robert Moser (3)
Recent activity as company:
• Sabet Group borrowed $25 million from Citibank for 224 8th Avenue and 228 8th Avenue, Chelsea, Manhattan on February 04, 2025.
• Elo Organization borrowed $49 million from Citibank for 6 West 48th Street and 21 West 46th Street, Midtown West, Manhattan on January 29, 2025.
• Joel Waldman and Leah Waldman borrowed $27 million from Citibank for 53 East 177th Street, Mt Hope, Bronx on January 16, 2025.
• CB Developers and SK Development borrowed $76 million from JPMorgan Chase and Citibank for 247 Metropolitan Avenue, 247 Metropolitan Avenue, 247 Metropolitan Avenue, and 247 Metropolitan Avenue, Williamsburg, Brooklyn on January 16, 2025.
• Dimitry Goncharov borrowed $5 million from Citibank for 12 East 53rd Street, Midtown East, Manhattan on January 10, 2025.
• Triarch Real Estate Group borrowed $21 million from Citibank for 2785 Broadway, Upper West Side, Manhattan on January 09, 2025.
• MSquared and Urban American Management borrowed $225 million from Citibank for 3333 Broadway, None, Manhattan on January 07, 2025.
• Phipps Houses borrowed $20 million from Citibank and NYC Department of Housing Preservation and Development for 3103 3rd Avenue, Melrose, Bronx on January 07, 2025.
• KSL Capital Partners borrowed $37.7 million from Wells Fargo and Citibank for 148-18 134th Street, South Ozone Park, Queens on December 26, 2024.
• KSL Capital Partners borrowed $35.7 million from Wells Fargo and Citibank for 85 Smith Street, Boerum Hill, Brooklyn on December 24, 2024.
Latest Stories:
• Sabet Group signs $25M refi for two walkups in Chelsea (February 05, 2025)
• Elo Organization pays $43M to Weinmann family for office in Midtown West (January 29, 2025)
• Joel, Leah Waldman obtain $27M refi with Citibank for 81-unit rental in Mt Hope (January 17, 2025)
• CB Developers, SK Development sign $76M refi for Williamsburg hotel (January 17, 2025)
• MSquared, partners buy out Brookfield for $321.8M at 1,193-unit Harlem rental (January 08, 2025)
• JRC Management signs $16.2M refi for 94-unit rental in Sunnyside (December 24, 2024)
• Slate pays $94.5M for FiDi hotel Sam Chang bought in 2017 for $93.5M (December 24, 2024)
• KSL Capital ups debt by $13M on Tribeca hotel to $58.6M (December 23, 2024)
• Carlyle Group signs $49.5M refi for 175-unit rental, down from $63.5M (December 18, 2024)
• Clairmont Group pays $15.75M to Trion for three walkups in Washington Heights (December 11, 2024)
Court Records:
Properties: