Quadrum Global
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People:
Quadrum Global portfolio
$316.5 million* – office 65%, hotel 31%; Queens 65%, Manhattan 22%
200th largest portfolio by dollar value
1,813,291 sqft – office 74%, hotel 12%;
180th largest by SF
4 properties – Brooklyn 50%, Manhattan 25%
1766th largest
547 residential units – Manhattan 68%, Brooklyn 31%
399th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $96 million
Seller company: 1 for $47 million
Borrower company: 4 for $237.5 million
Lender company: 1 for $52.7 million
Top Ten Associated Companies:
Affinius Capital (2), Madison Realty Capital (1), Heritage Equity Partners (1), Heritage Equity Partners bankrupt (1), RMWC (1), ZD Jasper Realty (1), Quadrum Global (1)
Top Ten Associated People:
Brad Cohen (2), David Speiser (1), Stephen S. Gray (1), Zhidong Wu (1), Ilyas Aslam (1), Dmitry Titievskiy (1)
Recent activity as company:
• Quadrum Global borrowed $52.7 million from Quadrum Global for 96 Wythe Avenue, Williamsburg, Brooklyn on August 23, 2024.
• Quadrum Global, Baron Property Group and Simon Development sold 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens for $47 million to ZD Jasper Realty on May 06, 2024.
• Quadrum Global borrowed $58 million from RMWC for 96 Wythe Avenue, Williamsburg, Brooklyn on May 02, 2023.
• Heritage Equity Partners and Heritage Equity Partners bankrupt sold 96 Wythe Avenue, Williamsburg, Brooklyn for $96 million to Quadrum Global on May 02, 2023.
• Quadrum Global borrowed $82.5 million from Affinius Capital for 351 West 38th Street, Garment District, Manhattan on March 22, 2023.
• Quadrum Global borrowed $44.2 million from Affinius Capital for 25-01 Jackson Avenue, Long Island City, Queens on March 22, 2023.
• Quadrum Global borrowed $126 million from Madison Realty Capital for 29 Huron Street, Greenpoint, Brooklyn on July 13, 2022.
Latest Stories:
• ZD Jasper Realty files plans for 190-unit project in LIC at $47M dev site (August 01, 2024)
• ZD Jasper pays $47M to Quadrum, Baron, Simon Dev. for LIC dev site (May 07, 2024)
• Benefit Street sues Toby Moskovits, Michael Lichtenstein for $29M (May 15, 2023)
• Quadrum Global acquires Williamsburg Hotel for $96M out of bankruptcy (May 03, 2023)
• SL Green sells $100M loan secured by Savanna’s 1 Court Sq. to Davidson Kempner (October 16, 2020)
• Savanna finishes $9M of tenant fit-outs of One Court Square in LIC (August 31, 2020)
• ZONING LOT: 357,110 square feet in Greenpoint (July 16, 2019)
Properties: