LoanCore Capital
People:
LoanCore Capital portfolio
$81.4 million* – office 100%; Manhattan 100%, Bronx 0%
665th largest portfolio by dollar value
170,511 sqft – office 100%;
1362th largest by SF
1 foreclosure, 13 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $196 million
Lender company: 2 for $262.4 million
Top Ten Associated Companies:
UNG Realty Co. (2), Taconic Partners (1), Deerfield Management (1), Triangle Equities (1), Dune Real Estate Partners (1), Michael Chetrit (1), Empire Capital Holdings (1), Transition Acquisitions (1), Michael Shvo (1), DLJ Real Estate Capital Partners (1)
Top Ten Associated People:
Miriam Ungar (2), Joshua Weingarten (1), Haley Greenberg (1), Arash “Josh” Rahmani (1), Berndt Perl (1)
Recent activity as company:
• APF Properties borrowed $177.4 million from LoanCore Capital for 183 Madison Avenue, Park Avenue South, Manhattan on January 10, 2025.
• Triangle Equities borrowed $85 million from LoanCore Capital for 130-02 South Conduit Avenue, South Ozone Park, Queens on July 25, 2024.
• Lightstone Group borrowed $177.8 million from Reznik Paz Nevo Trusts for 105 West 28th Street, Chelsea, Manhattan on March 06, 2024.
• Dune Real Estate Partners sold 111 East 59th Street, Lenox Hill, Manhattan for $196 million to LoanCore Capital on October 12, 2023.
• Thomas Fok and Derrick Fok borrowed $5 million from U.S. Bank for 324 Grand Street, Lower East Side, Manhattan on February 06, 2023.
• Deerfield Management borrowed $440 million from AIG for 345 Park Avenue South, Flatiron District, Manhattan on May 12, 2022.
• Capstone Equities borrowed $0 from Yellowstone Real Estate Investments for 541 Lexington Avenue, Midtown East, Manhattan on April 05, 2022.
• Tavros Holdings borrowed $65.3 million from Nonghyup Bank for 351 West 14th Street, Chelsea, Manhattan on July 13, 2021.
• Taconic Partners borrowed $139 million from Jackson National Life Insurance Company for 125 West End Avenue, Lincoln Square, Manhattan on March 24, 2021.
• UNG Realty Co. borrowed $31.5 million from LoanCore Capital for 580 8th Avenue, Garment District, Manhattan on October 06, 2020.
Latest Stories:
• APF signs $177.4M refi with LoanCore for office in Park Avenue South (January 13, 2025)
• Yellowstone signs $90M loan with Fortress for hotel in Midtown East (December 06, 2024)
• October auction set for 697-unit Maxwell hotel with $218M judgment (September 27, 2024)
• Triangle Equities ups debt to $85M for storage in South Ozone Park (July 26, 2024)
• Lightstone Group signs $177.8M refi for Moxy hotel in Chelsea, up from $124M (March 07, 2024)
• Triangle Equities signs $60M loan with H.I.G. for warehouse in South Ozone Park (March 24, 2023)
• Taconic Partners signs $300M refi loan with Apollo Global in Lincoln Square (February 13, 2023)
Court Records:
Properties: