Four Winds Real Estate

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Four Winds Real Estate portfolio

$65.6 million* – elevator 76%, walkup 20%; Manhattan 100%, Bronx 0%

791th largest portfolio by dollar value

253,553 sqft – elevator 71%, walkup 25%;

1003th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1018th largest

292 residential units – Manhattan 100%, Bronx 0%

657th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $68 million

Borrower company: 4 for $115.4 million

Top Ten Associated Companies:

Voya Financial (1), UBS (1), Arbor Realty Trust (1), Morgenstern Capital (1), H.I.G. Capital (1), Affinius Capital (1), Resource America (1), Estera Trust (1), Safehold Inc. (1), Ready Capital (1)

Top Ten Associated People:

Chris Gorman (1), Racquel Small (1), Andrew Lisa (1), Kenneth Dowling (1), Robert Morgenstern (1), Brad Cohen (1), Carrie E. Brown (1)

Recent activity as company:

Four Winds Real Estate borrowed $23.5 million from Voya Financial for 138 East 38th Street, Murray Hill, Manhattan on September 11, 2024.

Four Winds Real Estate, Alan Lerner, Erica Lerner and Elynn Lerner borrowed $53.8 million from Affinius Capital for 47 East 34th Street, Grand Central, Manhattan on May 24, 2024.

Morgenstern Capital and H.I.G. Capital sold 47 East 34th Street, Grand Central, Manhattan for $68 million to Four Winds Real Estate, Alan Lerner, Erica Lerner and Elynn Lerner on May 24, 2024.

Four Winds Real Estate borrowed $24.3 million from Arbor Realty Trust for 106 Ridge Street, 114 Ridge Street, 114 Ridge Street, and 110 Ridge Street, Lower East Side, Manhattan on March 13, 2024.

Four Winds Real Estate borrowed $13.9 million from UBS for 8 West 108th Street and 4 West 108th Street, Upper West Side, Manhattan on January 12, 2024.

Four Winds Real Estate borrowed $16.5 million from Ready Capital for 138 East 38th Street, Murray Hill, Manhattan on December 10, 2021.

Safehold Inc. sold 138 East 38th Street, Murray Hill, Manhattan for $16 million to Four Winds Real Estate on December 01, 2021.

Four Winds Real Estate borrowed $0 from Estera Trust for 106 Ridge Street, Lower East Side, Manhattan on June 08, 2021.

Four Winds Real Estate borrowed $21.6 million from Resource America for , 114 Ridge Street, 106 Ridge Street, Lower East Side, Manhattan on December 11, 2019.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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