Stellar Management
People:
Stellar Management portfolio
$1.5 billion – elevator 70%, office 14%; Manhattan 88%, Brooklyn 6%
37th largest portfolio by dollar value
10,607,078 sqft – elevator 74%, office 8%;
24th largest by SF
87 properties – Manhattan 78%, Bronx 10%
75th largest
8,113 residential units – Manhattan 75%, Bronx 15%
13th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 3 for $96.6 million
Borrower company: 8 for $363.7 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
New York Community Bank (27), BankUnited (4), Bank Leumi (4), Signature Bank (3), NYC Housing Development Corporation (2), Two80 Real Estate Ventures (2), Helaba (2), Provident Bank (1), Brenda E. Geller (1), Karten Organization (1)
Top Ten Associated People:
John Feijoo (13), Oren Sapirstein (3), Roger Rofe (3), Jesse Deutch (2), Paul Ciancimino (1), Brenda E. Geller (1), Ruth Moreira (1), Sharone Karten (1), Matthew Lembo (1), Lauren Connors (1)
Latest Stories:
• Two80 Real Estate pays $3.9M to Stellar for 26-unit walkup in Washington Heights (July 23, 2024)
• L+M signs $90M acquisition loan for 1,590-unit Knickerbocker in Two Bridges (May 13, 2024)
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)
• Stellar Management signs $68M refi for 247-unit rental on UWS (August 30, 2023)
• Stellar plans two-tower, 319-unit project in Park Slope (May 10, 2023)
Litigation: