Royal Companies
People:
Royal Companies portfolio
$5 million* – hotel 65%, development 34%; Queens 100%, Manhattan 0%
3784th largest portfolio by dollar value
24,346 sqft – hotel 100%, development 0%;
3913th largest by SF
6 properties – Queens 100%, Manhattan 0%
1445th largest
Company Activity past 24 months:
Borrower company: 1 for $23 million
Top Ten Associated Companies:
Top Ten Associated People:
Tom Gehrke (1)
Recent activity as company:
• Royal Companies borrowed $23 million from International Bank of Chicago for 42-31 Crescent Street, Long Island City, Queens on March 26, 2024.
• Royal Companies borrowed $5 million from International Bank of Chicago for 25-01 43rd Avenue, 42-37 Crescent Street, 42-39 Crescent Street, 42-34 27th Street, 42-31 Crescent Street, and others, Long Island City, Queens on June 10, 2022.
Latest Stories:
• B Square Realty signs $33M construction loan with Ponce Bank in LIC (January 21, 2025)
• Royal Companies signs $23M construction loan for 114-unit LIC hotel (March 27, 2024)
Properties: