Transition Acquisitions
Transition Acquisitions portfolio
$26.2 million* – office 66.0%, retail 21.0%; Brooklyn 100.0%, Manhattan 0.0%
1456th largest portfolio by dollar value
164,825 sqft – office 63.0%, retail 30.0%;
1406th largest by SF
7 properties – Brooklyn 100%, Manhattan 0%
1178th largest
30 residential units – Brooklyn 100.0%, Manhattan 0.0%
2738th largest by residential units
Top Ten Associated Companies:
CTL Pass-Through Trust Series 2019 (1), Axos Bank (1), LoanCore Capital (1), Signature Bank (1), Alcion Ventures (1)
Top Ten Associated People:
Kenneth A. Stagnari (1), Mark H. Potter (1)
Recent activity as company:
• Transition Acquisitions borrowed $6 million from Signature Bank for 130 Graham Avenue and 130 Graham Avenue, Brooklyn, Brooklyn on April 08, 2021.
• Transition Acquisitions borrowed $46.8 million from LoanCore Capital for 1300 Flushing Avenue, Bushwick, Brooklyn on June 16, 2020.
• Alcion Ventures sold 1300 Flushing Avenue, Bushwick, Brooklyn for $44 million to Transition Acquisitions on June 16, 2020.
• Transition Acquisitions borrowed $5 million from Axos Bank for 4202 13thavenue, 4204 13thavenue, 4206 13thavenue, Kensington, Brooklyn on October 10, 2019.
• Transition Acquisitions borrowed $49.9 million from CTL Pass-Through Trust Series 2019 for 815 Broadway, 317 Ellery Street, Bushwick, Brooklyn on October 04, 2019.
Latest Stories:
• Transition Acquisitions pays $44M to Alcion Ventures for property in Bushwick (June 17, 2020)
• Transition Acquisitions borrows $5M from Axos Bank for property in Kensington (October 11, 2019)
Properties: