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:

• Sioni Group signs $76.9M refi loan with Starwood Property Trust for 160-unit rental in Belmont (January 07, 2025)

• Sioni Group signs $40M refi loan with Wells Fargo for office in Garment District (December 13, 2024)

• 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)

• Courts roundup: Sioni Capital files $16M pre-foreclosure in Flushing, Alberto Safra sues family over stake worth billions (February 07, 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:

To see the 2 cases for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 10 properties for this company you need a Professional level subscription

Subscribe ($125/month)

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

Leave a Reply