Zara Realty Holding
People:
Zara Realty Holding portfolio
$263.7 million – elevator 90%, walkup 8%; Queens 100%, Manhattan 0%
217th largest portfolio by dollar value
2,755,580 sqft – elevator 91%, walkup 8%;
113th largest by SF
52 properties – Queens 100%, Manhattan 0%
105th largest
3,121 residential units – Queens 100%, Manhattan 0%
55th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 2 for $81 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Northern Trust Company (5), Dime Community Bank (4), Arbor Realty Trust (3), Sharanjit Kaur (1), Signature Bank (1), Provident Bank (1)
Top Ten Associated People:
Philip Rinaldi (3), Sharanjit Kaur (1), Michael Riegler (1), Grant R. Rickelman (1), Ryan McAuliffe (1), P. Gavin Arneth (1)
Latest Stories:
• Subraj family’s Zara Realty sells retail in Richmond Hill for $3.1M (March 23, 2022)
• Zara Realty signs $16.2M refi with Dime Community for rental in Jamaica (November 02, 2021)
• Zara Realty signs $16.1M refi with Northern Trust for two rentals in Jamaica (August 11, 2021)
• Zara Realty borrows $27M from Arbor for property in Jamaica (March 05, 2021)
• Zara Realty borrows $54M from Northern Trust Company for property in Jamaica (December 28, 2020)
Litigation: