GFI Capital Resources Group
People:
GFI Capital Resources Group portfolio
$119.6 million* – hotel 53%, condo 39%; Brooklyn 55%, Manhattan 44%
482th largest portfolio by dollar value
404,609 sqft – condo 49%, hotel 40%;
728th largest by SF
9 properties – Manhattan 66%, Brooklyn 33%
912th largest
38 residential units – Manhattan 100%, Bronx 0%
2482th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Seller company: 3 for $367.7 million
Top Ten Associated Companies:
AIG (2), iStar (2), Rialto Capital Management (1), Bank OZK (1), Metropolitan Commercial Bank (1), Crowne Partners LLC (1), Gencom (1), Bayrock Capital (1), Investors Bank (1)
Top Ten Associated People:
Daniel Cohen (2), Liat Heller (1), Clifton Hill (1), Craig Rajac (1), Vivek Baid (1), Thomas Bezold (1), Douglas Heitner (1)
Recent activity as company:
• GFI Capital Resources Group and Elliott Investment Group sold 111 West 56th Street, Midtown West, Manhattan for $288.5 million to Gencom on September 24, 2024.
• GFI Capital Resources Group sold 138-10 135th Avenue, South Ozone Park, Queens for $79.2 million to Bayrock Capital on March 12, 2024.
• GFI Capital Resources Group sold 138-10 135th Avenue, South Ozone Park, Queens for $0 to Crowne Partners LLC on July 06, 2023.
• GFI Capital Resources Group borrowed $17.1 million from Metropolitan Commercial Bank for 144 North 8th Street and 144 North 8th Street, Williamsburg, Brooklyn on June 07, 2022.
• GFI Capital Resources Group borrowed $59 million from Rialto Capital Management for 61 Bond Street, Boerum Hill, Brooklyn on May 05, 2022.
• GFI Capital Resources Group borrowed $130 million from Bank OZK for 5 Beekman Street and 123 Nassau Street, Financial District, Manhattan on February 02, 2022.
• GFI Capital Resources Group borrowed $7.5 million from Investors Bank for 346 East 105th Street, 344 East 105th Street, 340 East 105th Street, 336 East 105th Street, and 334 East 105th Street, East Harlem, Manhattan on July 02, 2021.
• GFI Capital Resources Group borrowed $95.2 million from AIG for 14 West 29th Street and 1186 Broadway, Nomad, Manhattan on March 19, 2021.
• GFI Capital Resources Group sold 61 Bond Street, Brooklyn Heights, Brooklyn for $45 million to iStar on February 10, 2021.
• GFI Capital Resources Group borrowed $35.8 million from iStar for 61 Bond Street, Brooklyn Heights, Brooklyn on February 10, 2021.
Latest Stories:
• GFI Capital sells 335-key JFK hotel for $79.2M to Bayrock Capital (March 13, 2024)
• GFI Capital signs $130M refi loan with Bank OZK in FiDi (February 03, 2022)
• GFI Capital refis $95M with AIG for Ace Hotel in Nomad (March 22, 2021)
• iStar pays $45M to GFI for ground under Downtown Brooklyn hotel (February 11, 2021)
• GFI Capital Resources Group modifies $100M from AIG for property in Nomad (March 10, 2020)
Court Records:
Properties: