Impulsive Group

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Impulsive Group portfolio

$15 million* – hotel 100%; Manhattan 100%, Bronx 0%

2095th largest portfolio by dollar value

48,745 sqft – hotel 100%;

2897th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3125th largest

Company Activity past 24 months:

Borrower company: 1 for $34.2 million

Top Ten Associated Companies:

Namdar Realty Group (1), 2686-2690 Broadway Llc (1), Bank OZK (1), Bank of America (1), Fortune Society (1)

Top Ten Associated People:

Steven Kashanian (1), Erica Christopher (1), Sherry Goldstein (1)

Recent activity as company:

Impulsive Group borrowed $34.2 million from Bank of America for 132 West 47th Street and 128 West 47th Street, Midtown West, Manhattan on June 17, 2024.

Impulsive Group sold 258 West 97th Street, Upper West Side, Manhattan for $11 million to Fortune Society on February 08, 2022.

Impulsive Group sold 2651 Broadway, Upper West Side, Manhattan for $15.5 million to Namdar Realty Group on December 07, 2021.

Impulsive Group borrowed $8.9 million from Bank OZK for 2651 Broadway, the Upper West Side, Manhattan on February 10, 2020.

Impulsive Group sold 216 West 103 Street, 2688 Broadway, 2686 Broadway, the Upper West Side, Manhattan for $44 million to 2686-2690 Broadway Llc on August 27, 2019.

Latest Stories:

• Impulsive Group signs $34.2M refi for two hotels in Midtown West (June 18, 2024)

• Toll Brothers, Sculptor Capital sign $98.2M construction loan with Bank OZK for 81-unit condo project in UWS (August 24, 2022)

• Namdar, Klosed Properties, Silber sign $18M rehab loan with Metropolitan Commercial for hotel in Upper West Side (April 29, 2022)

• Fortune Society pays $11M to Impulsive Group for hotel in Upper West Side (February 09, 2022)

• Klosed, Namdar pay $15.5M to Impulsive Group for UWS hotel (December 08, 2021)

• Toll Brothers files plans for 73-unit residential tower in the Upper West Side (March 26, 2020)

• Hank Freid and the Impulsive Group sell three UWS parcels for $44M (August 28, 2019)

• Hank Freid obtained financing of $9M from Bank OZK (August 27, 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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