Prana Investments
People:
Prana Investments portfolio
$243.6 million* – walkup 63.0%, elevator 35.0%; Bronx 66.0%, Manhattan 33.0%
254th largest portfolio by dollar value
3,280,418 sqft – walkup 60.0%, elevator 39.0%;
93th largest by SF
100 properties – Bronx 74%, Manhattan 26%
85th largest
3,615 residential units – Bronx 75.0%, Manhattan 24.0%
48th largest by residential units
Company Activity past 24 months:
Borrower company: 4 for $46.4 million
Top Ten Associated Companies:
Signature Bank (8), Martin Kirzner (4), ConnectOne Bank (4), Peapack-Gladstone Bank (3), New York Community Bank (2), Dime Community Bank (2), Connectone Bank (2), Elizabeth Crane (2), Morgan Group (2), Denali Management (1)
Top Ten Associated People:
Stephen Toth (3), Steven Satz (2), Jonathan N. Wiener (1), Anthony Simari (1), Dahlin Klein (1), Michael Mirotznik (1), Richard Scharf (1), Michael Strauss (1), Morris Lieberman (1), Elizabeth Arato (1)
Recent activity as company:
• Prana Investments borrowed $5.6 million from ConnectOne Bank for 2523-2525 University Avenue, Fordham Manor, Bronx on October 15, 2024.
• Prana Investments borrowed $9.4 million from ConnectOne Bank for 55 West 129th Street, 224 West 141st Street, 2570 Adam C Powell Blvd, 2572 Adam C Powell Blvd, 216 West 141st Street, and others, Harlem, Manhattan on October 15, 2024.
• Prana Investments borrowed $20 million from ConnectOne Bank for 1075 Gerard Avenue and 1065 Gerard Avenue, Concourse, Bronx on October 15, 2024.
• Prana Investments borrowed $11.3 million from ConnectOne Bank for 2719 Morris Avenue and 2718 Morris Avenue, Fordham Manor, Bronx on November 09, 2023.
• Prana Investments sold 210-220 Nagle Avenue, Inwood, Manhattan for $3.7 million to Abro Management on October 05, 2022.
• Prana Investments borrowed $6.2 million from Dime Community Bank for 830 West 177th Street, Washington Heights, Manhattan on June 21, 2022.
• Prana Investments borrowed $5.8 million from Signature Bank for 160 Audubon Avenue, Washington Heights, Manhattan on March 31, 2022.
• Amy Hui sold 160 Audubon Avenue, Washington Heights, Manhattan for $7.8 million to Prana Investments on March 31, 2022.
• Dalmer Capital sold 1182 Clay Avenue, Concourse Village, Bronx for $2.1 million to Prana Investments on March 17, 2022.
• Alen Ardan sold 2454 Webb Avenue, Fordham Manor, Bronx for $4.7 million to Prana Investments on March 10, 2022.
Latest Stories:
• Abro Management pays $3.7M to Prana Investments for retail in Inwood (October 06, 2022)
• Prana pays $7.8M for 55-unit elevator building in Washington Heights (April 01, 2022)
• Prana Investments pays $2.1M for residential walkup in Concourse Village (March 18, 2022)
• Denali pays $11.5M to Prana for 73-unit elevator building in Morris Heights (February 08, 2022)
• Prana Investments pays $3.2M for 20-unit rental in Harlem (November 23, 2021)
• Prana Investments pays $13M to Lilmor Management for two rentals in Inwood (October 27, 2021)
• Prana Investments pays $7.3M for rental in Morrisania (August 19, 2021)
Properties: