Penn South Capital
People:
Penn South Capital portfolio
$76.2 million – walkup 72%, mixed-use 7%; Manhattan 85%, Brooklyn 14%
682th largest portfolio by dollar value
159,547 sqft – walkup 64%, office 8%;
1409th largest by SF
24 properties – Manhattan 75%, Brooklyn 25%
133th largest
224 residential units – Manhattan 89%, Brooklyn 10%
577th largest by residential units
Company Activity past 24 months:
Buyer company: 12 for $70.6 million
Seller company: 4 for $22.2 million
Borrower company: 3 for $22.8 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Kushner Companies (4), Musano family (3), KeyBank (3), Michael Keefe (2), Shelter Growth Capital Partners (2), MidCap Financial (1), Moon Capital Management Group (1), A&H Acquisitions (1), Morris Harary (1), Benefit Street Partners (1)
Top Ten Associated People:
Matthew Burrows (4), Alvaro Jinete (3), Cynthia M. Milioto (3), Morris Harary (2), Michael Keefe (2), Allison Schifini (2), Won Moon (1), Micah Goodman (1), Daniel Gutierrez (1), Nicholas J. Nouvel (1)
Latest Stories:
• Penn South Capital pays $3.4M for 15-unit walkup in East Village (April 24, 2024)
• Penn South Capital pays $14.7M to Kushner for two walkups in Alphabet City (February 07, 2024)
• Penn South Capital pays $6M for mixed-use in Williamsburg (January 23, 2024)
• Penn South Capital pays $3.2M for 4-unit building in Greenpoint (December 14, 2023)
• Penn South Capital pays $3M for 4-family in Williamsburg (October 03, 2023)
• Penn South Capital pays $6.3M in Brooklyn Heights, Alphabet City (August 18, 2023)