Jesta Group
People:
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Jesta Group portfolio
$55.7 million* – hotel 100%; Manhattan 100%, Bronx 0%
888th largest portfolio by dollar value
169,664 sqft – hotel 100%;
1367th largest by SF
Company Activity past 24 months:
Borrower company: 1 for $85 million
Lender company: 1 for $10 million
Top Ten Associated Companies:
Fortuna Realty Group (1), Citibank (1)
Top Ten Associated People:
Morris Moinian (1)
Recent activity as company:
• Jesta Group and Ashkenazy Acquisition borrowed $85 million from Citibank for 222 West 77th Street, Upper West Side, Manhattan on July 17, 2024.
• Fortuna Realty Group borrowed $10 million from Jesta Group for 1150 Avenue Of The Americas, Midtown West, Manhattan on October 03, 2023.
Properties:
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.