GLP Capital Partners

GLP Capital Partners portfolio

$17.8 million – development 64%, industrial 35%; Manhattan 64%, Queens 35%

1852th largest portfolio by dollar value

71,004 sqft – industrial 59%, development 40%;

2328th largest by SF

3 properties – Queens 66%, Manhattan 33%

154th largest

Company Activity past 24 months:

Buyer company: 2 for $132.9 million

Seller company: 0 for $0

Borrower company: 1 for $44.2 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

InSite Property Group (3), Citibank (1), Wells Fargo (1)

Top Ten Associated People:

David Bernas (1)

Latest Stories:

• GLP Capital pays $61.6M to InSite for 89% stake in Yorkville industrial property (November 21, 2023)

• InSite Property Group signs $49.8M refi loan with Goldman Sachs for development in Maspeth (November 30, 2022)

• GLP Capital pays $63M to InSite Property for 68% stake in Maspeth industrial site (September 26, 2022)

• InSite signs $42.1M construction loan with ACORE Capital for storage development in Yorkville (April 07, 2022)

• InSite Property signs $33.8M construction loan with Valley for industrial in Queens (July 25, 2021)

• InSite Property pays $15.2M to Safeguard Self Storage for industrial in College Point (July 20, 2021)

• GLP Capital signs $112M initial loan with Wells Fargo for warehouses in Glendale (July 20, 2021)

• InSite Property pays $18M to Home Depot for 136K development parcel in Maspeth (April 19, 2021)

• InSite gets $25.8M construction loan from Valley National for storage in Maspeth (April 19, 2021)

• Charles Brown as tenant signs 99-year ground lease in Yorkville valued at $19.8M (March 12, 2021)

Properties:

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