Arash Rahmani
(Josh Arash Rahmani, Josh Rahmani)
Founding Partner
Empire Capital Holdings
Owner
Empire Capital Holdings portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$400.3 million – office 81%, condo 14%; Manhattan 96%, Brooklyn 3%
154th largest portfolio by dollar value
1,130,396 sqft – office 84%, condo 12%;
297th largest by SF
7 properties – Manhattan 85%, Brooklyn 14%
150th largest
162 residential units – Manhattan 100%, Bronx 0%
636th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $39.9 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
AEW Capital Management (1), Truist Bank (1), Symetra Life Insurance Company (1), Alma Bank (1)
Top Ten Associated People:
Matthew B. Tracy (1), Thomas E. DiMaio (1)
Recent activity as signatory:
• Namdar Realty Groupand Empre Capitaland Mason Asset Management borrowed $24.3 million from Symetra Life Insurance Company for 321 West 44th Street, Hell’s Kitchen, Manhattan on September 23, 2024.
• Empire Capital Holdings borrowed $15.6 million from Alma Bank for 160 North 12th Street, Williamsburg, Brooklyn on September 06, 2024.
• Empire Capital Holdingsand Namdar Realty Group borrowed $53.2 million from Truist Bank for 830 3rd Avenue, Midtown East, Manhattan on September 30, 2022.
• AEW Capital Management sold 830 3rd Avenue, Midtown East, Manhattan for $72 million to Empire Capital Holdingsand Namdar Realty Group on September 30, 2022.