Fortuna Realty Group
People:
Fortuna Realty Group portfolio
$66.8 million* – hotel 88%, development 11%; Manhattan 100%, Bronx 0%
777th largest portfolio by dollar value
242,836 sqft – hotel 79%, development 20%;
1034th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2226th largest
3 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Seller company: 2 for $6 million
Borrower company: 2 for $134 million
Top Ten Associated Companies:
Goldman Sachs (4), Lalmir Sultanzada (2), Deutsche Bank (1), Jesta Group (1), Prime Finance Partners (1)
Top Ten Associated People:
Lalmir Sultanzada (2), Anthony Pontoriero (1), David Addison (1), Judah Bendayan (1), Aurelian Vinson (1), Laurent Teitgen (1)
Recent activity as company:
• Fortuna Realty Group sold 2809 3rd Avenue, Mott Haven, Bronx for $3.1 million to Lalmir Sultanzada on April 04, 2024.
• Fortuna Realty Group sold 304 East 173rd Street, Claremont Village, Bronx for $2.9 million to Lalmir Sultanzada on April 04, 2024.
• Fortuna Realty Group borrowed $10 million from Jesta Group for 1150 Avenue Of The Americas, Midtown West, Manhattan on October 03, 2023.
• Fortuna Realty Group borrowed $124 million from Deutsche Bank for 30 West 39th Street, Grand Central, Manhattan on August 10, 2023.
• Fortuna Realty Group and Kalimian Equities borrowed $116 million from Goldman Sachs for 19 West 38th Street, Grand Central, Manhattan on August 31, 2022.
• Fortuna Realty Group borrowed $0 from Prime Finance Partners for 523 Greenwich Street, Hudson Square, Manhattan on February 16, 2022.
• Fortuna Realty Group borrowed $112 million from Goldman Sachs for 19 West 38th Street, Garment District, Manhattan on November 25, 2020.
• Fortuna Realty Group borrowed $58 million from Goldman Sachs for 19 West 38th Street, Garment District, Manhattan on August 25, 2020.
• Fortuna Realty Group borrowed $49 million from Goldman Sachs for 19 West 38th Street, Garment District, Manhattan on June 01, 2020.
Latest Stories:
• Lalmir Sultanzada pays $5.9M to Fortuna Realty Group for mixed-use in Bronx (April 05, 2024)
• Prime Finance buys $45M note secured by Fortuna’s Hotel Hugo (February 18, 2022)
Court Records:
Properties: