Varde Partners

Varde Partners portfolio

$89.3 million* – hotel 100%; Manhattan 100%, Bronx 0%

616th largest portfolio by dollar value

406,261 sqft – hotel 100%;

726th largest by SF

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Lender company: 2 for $168.8 million

Top Ten Associated Companies:

Deka Immobilien (1), Madison Realty Capital (1), Nahman Lichtenstein (1), Concord Hotels (1), RB Realty Capital (1)

Top Ten Associated People:

Enda Bracken (1), Simona Vigneron (1), Nahman Shimon Lichtenstein (1), Julie L. Richter (1), Avi Matatov (1)

Recent activity as company:

• Concord Hotels borrowed $49.5 million from New York Life Insurance Company for 100 Greenwich Street, Financial District, Manhattan on November 25, 2024.

• William Rothner and Nahman Lichtenstein borrowed $66 million from Starwood Mortgage Capital for 867-875 4th Avenue, Greenwood Heights, Brooklyn on November 25, 2024.

• RB Realty Capital borrowed $104.8 million from Varde Partners for 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, and others, Rego Park, Queens on October 07, 2024.

• Nahman Lichtenstein borrowed $64 million from Varde Partners for 867-875 4th Avenue, Greenwood Heights, Brooklyn on April 04, 2023.

• Hawkins Way Capital and Varde Partners borrowed $166.5 million from Madison Realty Capital for 525 Lexington Avenue, Midtown East, Manhattan on February 06, 2023.

• Deka Immobilien sold 525 Lexington Avenue, Midtown East, Manhattan for $153.4 million to Hawkins Way Capital and Varde Partners on February 06, 2023.

• Concord Hotels borrowed $48.3 million from Varde Partners for 100 Greenwich Street, Financial District, Manhattan on September 29, 2021.

• Bayrock Capital borrowed $35.4 million from Merchants Capital for 202-05 Jamaica Avenue, Jamaica Avenue, 201-11 Jamaica Avenue, Hollis, Queens on April 15, 2020.