First-Citizens Bank & Trust Company

(First Citizens Bank, CIT Bank)

Lender

Bank

11 W 42nd St New York, NY 10036

People:

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First-Citizens Bank & Trust Company portfolio

$43.9 million – hotel 100%; Manhattan 100%, Bronx 0%

1018th largest portfolio by dollar value

143,731 sqft – hotel 100%;

1499th largest by SF

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 10 for $258.8 million

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

Top Ten Associated People:

Granit Gjonbalaj (4), Drew Popkin (3), Timothy Quinlan (2), Cailen Casey (1), Nicholas Silvers (1), Mark Caller (1), Alf Naman (1), Joseph Sumberg (1), Jonathan G. Davis (1), Jamie R. Anthony (1)

Latest Stories:

• Alf Naman signs $120M construction loan with Marathon for 7-unit West Village conversion (December 27, 2024)

• Alf Naman signs $24.6M refi for industrial in West Village (December 09, 2024)

• Naftali signs $140M construction loan for 62-unit condo project in Lenox Hill (November 29, 2024)

• Prospect Ridge pays $59.8M to KSL Capital, Hersha for hotel in Chelsea (November 18, 2024)

• ZD Jasper signs $35M refi with Chase for new 87-unit rental in Sunnyside (September 12, 2024)

• Triangle Equities ups debt to $85M for storage in South Ozone Park (July 26, 2024)

• Quinlan Development signs $56M refi for newly built 140-unit rental in Clinton Hill (July 03, 2024)

• Lonicera Partners signs $74M refi for 160-unit rental in Boerum Hill (May 16, 2024)

• Davis Companies signs $33.4M construction loan with First-Citizens for dev site in East Harlem (December 22, 2023)

• $28.75M pre-foreclosure filed against Pelham Bay new development (October 02, 2023)

Properties:

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