ZG Capital Partners
People:
ZG Capital Partners portfolio
$194.9 million* – office 89%, elevator 5%; Manhattan 100%, Bronx 0%
312th largest portfolio by dollar value
552,589 sqft – office 86%, retail 10%;
566th largest by SF
4 properties – Manhattan 100%, Bronx 0%
1772th largest
8 residential units – Manhattan 100%, Bronx 0%
4289th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $28.9 million
Top Ten Associated Companies:
Savanna (1), ACRES Capital (1), MEK Management Services (1), Ladder Capital (1), Acadia Realty Trust (1), Goldman Sachs (1), Bank of Montreal (1), Hyde Park Antiques (1), JPMorgan Chase (1)
Top Ten Associated People:
Jaclyn Jesperger (1), Richard Ostrovsky (1), Jason Blacksberg (1), Bernard Karr (1)
Recent activity as company:
• ZG Capital Partners borrowed $28.9 million from JPMorgan Chase for 836 Broadway, Greenwich Village, Manhattan on December 11, 2024.
• ZG Capital Partners and Rialto Capital Management borrowed $120 million from ACRES Capital for 45 East 53rd Street, Midtown East, Manhattan on September 07, 2022.
• MEK Management Services sold 43 East 53rd Street, Midtown East, Manhattan for $102.5 million to ZG Capital Partners and Rialto Capital Management on July 28, 2022.
• Hyde Park Antiques sold 836 Broadway, Greenwich Village, Manhattan for $39.2 million to ZG Capital Partners on December 30, 2021.
• ZG Capital Partners borrowed $215 million from Bank of Montreal for 1450 Broadway, Times Square, Manhattan on August 31, 2021.
• Acadia Realty Trust sold 654 Broadway and 654 Broadway, Noho, Manhattan for $10 million to ZG Capital Partners on June 11, 2021.
• ZG Capital Partners borrowed $6.5 million from Goldman Sachs for 654 Broadway and 654 Broadway, Noho, Manhattan on June 11, 2021.
• Savanna sold 2417 3rd Avenue, 2415 3rd Avenue, Mott Haven, Bronx for $64.7 million to ZG Capital Partners on January 09, 2020.
• ZG Capital Partners borrowed $44.8 million from Ladder Capital for 2417 3rd Avenue, 2415 3rd Avenue, Mott Haven, Bronx on January 09, 2020.
Latest Stories:
• Bobby Zar’s ZG Capital signs $28.9M refi for retail in Greenwich Village (December 12, 2024)
• ZG Capital pays $39.2M for office building in Greenwich Village (January 03, 2022)
• Bobby Zar’s ZG Capital pays $10M to Acadia for Noho loft building (June 14, 2021)
Properties: