Sentry Realty

(American Exchange Group)

Owner

Family Office

1400 Broadway 18th floor New York, NY 10018

People:

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Sentry Realty portfolio

$261.1 million* – office 100%; Manhattan 100%, Bronx 0%

232th largest portfolio by dollar value

870,027 sqft – office 100%;

380th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2188th largest

Notes

Sentry Realty owns real estate assets of the Mamrout family of American Exchange.

Company Activity past 24 months:

Buyer company: 3 for $365.7 million

Borrower company: 5 for $359.7 million

Top Ten Associated Companies:

Sail Harbor Capital (2), Fortress Investment Group (2), Vanbarton Group (1), Deutsche Bank (1), Savanna (1), Baupost Group (1), Invesco (1)

Top Ten Associated People:

Damiano Buffa (1), Andrew Mullin (1), Thomas C. Vasile (1), Nicholas Bienstock (1), Jaime Kelley (1)

Recent activity as company:

Sentry Realty and 60 Guilders borrowed $72 million from Fortress Investment Group for 1372 Broadway, Garment District, Manhattan on January 30, 2025.

Sentry Realty and 60 Guilders borrowed $45.5 million from Fortress Investment Group for 1370 Broadway, Garment District, Manhattan on January 22, 2025.

Invesco sold 1370 Broadway, Garment District, Manhattan for $75.2 million to Sentry Realty and 60 Guilders on January 22, 2025.

Sentry Realty and 60 Guilders borrowed $165 million from Sail Harbor Capital and Baupost Group for 1375 Broadway, Garment District, Manhattan on December 31, 2024.

Savanna sold 1375 Broadway, Garment District, Manhattan for $200 million to Sentry Realty and 60 Guilders on December 31, 2024.

Sentry Realty borrowed $0 from Sail Harbor Capital for 1375 Broadway, Garment District, Manhattan on December 26, 2024.

Sentry Realty and 60 Guilders borrowed $77.2 million from Deutsche Bank for 292 Madison Avenue, Grand Central, Manhattan on November 12, 2024.

Vanbarton Group sold 292 Madison Avenue, Grand Central, Manhattan for $90.5 million to Sentry Realty and 60 Guilders on November 12, 2024.

Latest Stories:

• Sentry Realty, 60 Guilders pay $75.2M to Invesco for office in Garment District (January 23, 2025)

• Alen Mamrout, 60 Guilders, acquire 1375 Broadway in $200M deal (January 01, 2025)

• Sentry Realty refis debt on 1375 Broadway, after buying $200M note in August (December 27, 2024)

• Sentry Realty, 60 Guilders pay $90.5M to Vanbarton for office in Grand Central, down from $180M (November 13, 2024)

• Manufacturer Alen Mamrout buys $200M note at Savanna’s 1375 Broadway, will own building: Sources (August 19, 2024)

• Savanna pays $435M to Westbrook Partners for property in Garment District (July 17, 2020)

• Savanna borrows $200M from Deutsche Pfandbriefbank, Aareal for office acquisition in Garment District (July 17, 2020)

• Vanbarton Group borrows $93M from Deutsche Bank New York Branch for office property in Grand Central (October 31, 2019)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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