Sioni Group
Owner
Family Office
Sioni Group portfolio
$185.6 million* – office 98.0%, specialty 1.0%; Manhattan 100.0%, Bronx 0.0%
327th largest portfolio by dollar value
596,951 sqft – office 100.0%, specialty 0.0%;
534th largest by SF
10 properties – Manhattan 70%, Bronx 30%
826th largest
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $26.8 million
Borrower company: 4 for $173.2 million
Top Ten Associated Companies:
Valley National Bank (3), Ching Lam (1), Choy Lam (1), Silk & Halpern Realty Associates (1), Signature Bank (1), Philip Cacciatore (1), Wells Fargo (1), Starwood Property Trust (1)
Top Ten Associated People:
Oren Sapirstein (2), Victor Brown (1), Roger Rofe (1), Richard Halpern (1), John G. Nicol (1), Joseph Rothenberg (1)
Recent activity as company:
• Sioni Group borrowed $76.9 million from Starwood Property Trust for 4720 3rd Avenue, 4720 3rd Avenue, and 4720 3rd Avenue, Belmont/Little Italy, Bronx on January 06, 2025.
• Sioni Group borrowed $40 million from Wells Fargo for 240 West 40th Street, Garment District, Manhattan on December 12, 2024.
• Sioni Group borrowed $9.3 million from Valley National Bank for 6 East 45th Street, Grand Central, Manhattan on September 19, 2023.
• Silk & Halpern Realty Associates sold 6 East 45th Street, Grand Central, Manhattan for $26.8 million to Sioni Group on September 18, 2023.
• Sioni Group borrowed $47 million from Valley National Bank for 989-991 Sixth Avenue and 993 Sixth Avenue, Garment District, Manhattan on August 11, 2023.
• Sioni Group, Eli Chetrit, Isaac Chetrit and AB & Sons borrowed $31 million from Valley National Bank for 989 Avenue Of The Americas and 993 Avenue Of The Americas, Garment District, Manhattan on August 12, 2022.
• Ching Lam and Choy Lam borrowed $0 from Sioni Group for 33-37 Farrington Street, Flushing, Queens on July 19, 2022.
• Sioni Group for Jack Yadidi filed plans for new building for 368,790 sqft in Garment District, Manhattan, on December 15, 2021.
• Philip Cacciatore borrowed $0 from Sioni Group for 528 East 5th Street, Alphabet City, Manhattan on November 03, 2021.
• Sioni Group borrowed $60 million from Signature Bank for 240 West 37th Street, Garment District, Manhattan on April 28, 2021.
Latest Stories:
• Weizhen Chen pays $23.1M for bankrupt mixed-use in Flushing (March 25, 2024)
• Sioni Group pays $26.8M to Silk & Halpern for office in Grand Central (September 19, 2023)
• $28M bankruptcy to block receiver at Flushing commercial building (May 24, 2023)
• Sioni Capital buys $13M note from Dime Community secured by mixed-use in Flushing (July 20, 2022)
• Elliot Sohayegh pays $4.5M for 8-unit rental in Alphabet City (December 14, 2021)
• Sioni Group buys $3.5M note secured an 8-unit rental in Alphabet City (November 04, 2021)
• Elo Equity ups debt to $141M from Citigroup for property in Times Square (December 24, 2020)
Court Records:
Properties: