Solil Management
People:
Solil Management portfolio
$2.5 billion – elevator 26%, office 22%; Manhattan 77%, Queens 10%
21th largest portfolio by dollar value
8,894,932 sqft – elevator 36%, office 23%;
25th largest by SF
259 properties – Manhattan 71%, Queens 15%
20th largest
4,326 residential units – Manhattan 95%, Brooklyn 4%
37th largest by residential units
0 foreclosures, 0 bankruptcies, 9 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $179.8 million
Borrower company: 1 for $18 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
McSam Hotel Group (1), State Farm Realty Mortgage (1), MCR Hotels (1), United American Land (1)
Top Ten Associated People:
Matthe D. Melick (1), Christiane M. Stoffer (1), Tyler Morse (1), Al Laboz (1)
Latest Stories:
• Solil Management signs $18M refi for office in Midtown East, debt down by $12M (June 07, 2023)
• $75M note on RFR’s Gramercy Park Hotel sold (January 25, 2021)
• United American pays Solil Management $5.7M to add to Fulton St. assemblage (September 14, 2020)
• Clermont York Associates LLC obtained financing of $41M from Capital One (July 23, 2019)
Litigation: