Property Markets Group

People:

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Property Markets Group portfolio

$37 million – condo 55%, A4 34%; Manhattan 91%, Brooklyn 8%

1143th largest portfolio by dollar value

84,249 sqft – condo 49%, industrial 23%;

2114th largest by SF

23 properties – Manhattan 82%, Brooklyn 17%

134th largest

535 residential units – Brooklyn 96%, Manhattan 3%

358th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $100 million

Seller company: 2 for $103.7 million

Borrower company: 0 for $0

Lender company: 0 for $0

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

Top Ten Associated Companies:

Goldman Sachs (2), Maxim Credit Group (2), Tavros Capital (1), Maxim Capital Group (1), Carlyle Group (1), Property Markets Group (1), Kahen Properties (1), Dynamic Star (1), Ido Paul Amit (1), Victor Allegretti (1)

Top Ten Associated People:

Nicholas Silvers (1), Joshua Knoll (1), Jason Hart (1), Michael Dalton (1), Majid Kahen (1), Ido Paul Amit (1), Sergio Allegretti (1), Bartolo Allegretti (1), Victor Allegretti (1), Amy Wong (1)

Latest Stories:

• Tavros, Charney, Incoco sign $140M new construction loan with TYKO for 306-unit project in Gowanus (July 05, 2024)

• Kahen Properties pays $3.7M for mixed-use in Gramercy, down from $7.7M (April 09, 2024)

• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)

• Stolar Capital battles Kahen Properties over disputed $4M sale in Gramercy (September 29, 2023)

• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)

• Orange Management buys out partner at dev site in Gowanus through $21M transaction (September 14, 2023)

• Carlyle Group pays $100M for control of PMG’s 517-unit Gowanus project, gets $230M loan (June 01, 2023)

• Partnership dispute over Rotem Rosen’s $27.5M Gowanus parcel purchase offer (February 23, 2023)

• Dynamic Star ups debt to $53M with Columbia Pacific Advisors for industrial in Long Island City (November 21, 2022)

• JDS Development signs $238.8M condo inventory loan with Apollo for 47 unsold units at 111 West 57th (September 02, 2022)

Litigation:

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Properties:

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