Ohana Real Estate Investors

People:

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Ohana Real Estate Investors portfolio

$82 million – condo 83%, hotel 16%; Brooklyn 83%, Manhattan 16%

642th largest portfolio by dollar value

342,497 sqft – condo 87%, hotel 12%;

813th largest by SF

8 properties – Brooklyn 87%, Manhattan 12%

149th largest

64 residential units – Brooklyn 100%, Manhattan 0%

734th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $110.5 million

Seller company: 0 for $0

Borrower company: 2 for $135.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Michael Walsdorf (2), In Ku Lee (1), David Goldwasser (1), David Speiser (1), Stephen Massey (1), Peter Castro (1), Michael Quinn (1), Robert P. Bermingham (1)

Latest Stories:

• Ohana Real Estate Investors signs $59M refi for hotel, residential in Downtown Brooklyn (January 26, 2024)

• Ohana pays $110.5M for Hilton hotel in Boerum Hill (December 05, 2023)

• Jeff Klein, Ohana Real Estate pay $62M to BD Hotels for hotel in West Village (December 28, 2022)

• Ohana acquires hotel, rental from Cornell Realty in Downtown Brooklyn bankruptcy with $94M credit bid (December 15, 2022)

• Yucaipa Companies, Sydell Group sign $80M refi loan with Prospect Ridge for NoMad hotel (August 09, 2021)

• Yucaipa, Sydell refi $105M at NoMad Hotel from new lenders Ohana, Ellington (December 04, 2020)

• Cornell Realty Management and Rubin Equities Inc. pay $90M to Chetrit Group, Robert Wolf’s Read Property Group in Downtown Brooklyn (October 07, 2019)

• Flank pays $14M to buy out partner Carlyle Group for commercial condo units in Brooklyn Heights (September 24, 2019)

• Flank borrows $14M from Ladder Capital Finance for property in Brooklyn Heights (September 24, 2019)

Properties:

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