Magnum Real Estate Group
People:
Magnum Real Estate Group portfolio
$164.8 million – condo 90.0%, C0 4.0%; Manhattan 100.0%, Bronx 0.0%
348th largest portfolio by dollar value
740,384 sqft – condo 95.0%, elevator 3.0%;
427th largest by SF
84 properties – Manhattan 100%, Bronx 0%
78th largest
104 residential units – Manhattan 100.0%, Bronx 0.0%
694th largest by residential units
1 foreclosure, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $17.6 million
Seller company: 3 for $50.6 million
Borrower company: 3 for $69.8 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
JPMorgan Chase (2), Seth Yablans (1), Northern Trust (1), AR Global (1), Northern Trust Company (1), Xian Xun Hu (1), Arbor Realty Trust (1), Labini Investments Limited (1), Tatar Holding (1), Starwood Capital Group (1)
Top Ten Associated People:
Andrea Riina (2), Seth Yablans (1), Elad Dror (1), Rina Paniry (1), Melissa D. Hirsch (1), Elena Dokianos (1), Avi Lieberman (1), Michael S. Birajiclian (1), Timothy Merjos (1), Elaine McKay (1)
Latest Stories:
• Starwood acquires landmarked Chelsea townhouse following $9.2M foreclosure (July 29, 2024)
• Magnum signs $25M construction loan for 20-unit condo in Greenwich Village (July 10, 2024)
• German investor Tatar Holding pays $30M to Magnum for 3 LES walkups (May 04, 2023)
• Magnum Real Estate buys out partner at West Village walk-up for $6M (January 06, 2022)
• Magnum Real Estate signs $74.9M condo inventory loan with Ares Commercial in FiDi (May 06, 2021)
• Magnum Real Estate pays $4.3M for 8-unit rental in West Village (March 10, 2021)
Litigation: