Ladder Capital
(Ladder Capital Finance)
People:
Ladder Capital portfolio
$10.8 million* – elevator 78%, mixed-use 10%; Manhattan 100%, Bronx 0%
2555th largest portfolio by dollar value
97,209 sqft – elevator 83%, walkup 9%;
1971th largest by SF
4 properties – Manhattan 100%, Bronx 0%
1945th largest
82 residential units – Manhattan 100%, Bronx 0%
1618th largest by residential units
10 foreclosures, 2 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $20.1 million
Lender company: 4 for $79.3 million
Top Ten Associated Companies:
Maddd Equities (2), Namdar Realty Group (2), Dalan Management (2), Specialists Ltd. (1), RIG Realty (1), Zar Group (1), Ae Sook Choi (1), Conway Capital (1), HSP Real Estate Group (1), KPG Funds (1)
Top Ten Associated People:
Richard Ryder Washburn III (1), Randal Gindi (1), Babak Zar (1), Gregory Kraut (1), Lois Kagan (1), John Reid (1), Adam J. Semler (1), Shai Shamir (1), Ramin Abdolazadeh (1), Steven Kashanian (1)
Recent activity as company:
• Lions Group borrowed $18.4 million from Ladder Capital for 100 Christopher Street, West Village, Manhattan on January 23, 2025.
• Aulder Capital borrowed $8.3 million from RWC Lending for 325 East 101st Street, East Harlem, Manhattan on January 08, 2025.
• ZG Capital Partners borrowed $28.9 million from JPMorgan Chase for 836 Broadway, Greenwich Village, Manhattan on December 11, 2024.
• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116th Street, 2927 3rd Avenue, 1046 Southern Boulevard, 918 Seneca Avenue, and 1619 Sheepshead Bay Road, East Harlem, Manhattan on November 14, 2024.
• Spear Street Capital borrowed $33 million from Ladder Capital for 446 Broadway, Little Italy, Manhattan on September 25, 2024.
• RYCO Capital borrowed $10.4 million from Derby Copeland Capital for 168 Wythe Avenue, Williamsburg, Brooklyn on June 14, 2024.
• L3 Capital borrowed $30 million from Wintrust Bank for 85 North 6th Street, 81 North 6th Street, 89 North 6th Street, and 91 North 6th Street, Williamsburg, Brooklyn on March 28, 2024.
• Firebird Grove borrowed $17 million from Derby Copeland Capital for 9 Patchin Place, 5 Patchin Place, 7 Patchin Place, 6 Patchin Place, 8 Patchin Place, and others, Greenwich Village, Manhattan on February 22, 2024.
• 6R Capital Group borrowed $42 million from T30 Capital for N/A Warren Street, 72 Warren Street, 88 West Broadway, 88 West Broadway, 72 Warren Street, and others, Financial District, Manhattan on February 02, 2024.
• Specialists Ltd. borrowed $59 million from Wells Fargo for 48-05 Metropolitan Avenue, Ridgewood, Queens on December 19, 2023.
Latest Stories:
• $17M bankruptcy filed to halt UCC auction of FiDi, Tribeca properties (January 30, 2025)
• Bobby Zar’s ZG Capital signs $28.9M refi for retail in Greenwich Village (December 12, 2024)
• Astral Weeks pays $27.4M to 6R Capital for building in Tribeca (December 12, 2024)
• Joyland pays $45.3M to L3 Capital for Williamsburg dev site (December 05, 2024)
• Success Academy signs $150M construction loan for school in Concourse (November 26, 2024)
• Empire State Realty Trust pays $35M to L3 Capital for retail in Williamsburg (November 18, 2024)
• 3 Garment District properties with $52M Lightstone loan, placed in bankruptcy (September 27, 2024)
• Spear Street pays $52M to KPG for retail in SoHo, just above $51M 2022 loan (September 26, 2024)
Court Records:
Properties: