Triumph Hotels
People:
Triumph Hotels portfolio
$149.6 million – hotel 89%, N9 6%; Manhattan 90%, Brooklyn 6%
380th largest portfolio by dollar value
642,756 sqft – hotel 87%, N9 8%;
486th largest by SF
8 properties – Manhattan 62%, Bronx 25%
149th largest
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 2 for $32.1 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Popular Bank (6), Investors Bank (2), Apple Bank for Savings (1), First Republic Bank (1), Friends Of Emblaze Academy Charter School (1), Santander Bank (1), Gene Kaufman (1)
Top Ten Associated People:
David Rabban (2), Alan J. Perlowitz (1), Joseph A. Farrauto (1), Joseph Farrauto (1)
Latest Stories:
• Shimmie Horn’s Triumph signs $21M refi for closed hotel in Hell’s Kitchen (October 10, 2024)
• McSam Hotel Group signs $28M construction loan for hotel in Times Square (March 19, 2024)
• Triumph Hotels borrows $13M from Popular Bank for property in Fort Greene (December 30, 2020)
• Charter school records ground lease with Triumph Hospitality Group in Hunts Point (July 15, 2020)
• Shimmie Horn’s Triumph Hotels obtained financing of $9M from POPULAR BANK (July 19, 2019)