Cyrus Sakhai

Principal

Sovereign Partners

Owner

747 Third Ave, 37th Floor, New York, NY 10017

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Sovereign Partners portfolio

$303.9 million* – office 70%, condo 29%; Manhattan 100%, Bronx 0%

205th largest portfolio by dollar value

885,871 sqft – office 74%, condo 25%;

376th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2182th largest

Person Activity past 24 months:

Buyer signatory: 2 for $303.5 million

Borrower signatory: 3 for $172.7 million

Top Ten Associated Companies:

Deutsche Pfandbriefbank (1), Clarion Partners (1), Jasper Lake LLC (1), Nuveen Real Estate (1), MetLife (1)

Top Ten Associated People:

Ralf Dresch (1), Christian Sand (1), Jonathan Gelb (1), Brian Wallick (1), Brett Ulrich (1)

Recent activity as company:

• Sovereign Partners borrowed $20 million from MetLife for 780 Third Avenue, Midtown East, Manhattan on July 09, 2024.

• Nuveen Real Estate sold 780 Third Avenue, Midtown East, Manhattan for $177 million to Sovereign Partners on July 09, 2024.

• Sovereign Partners borrowed $81.5 million from Jasper Lake LLC for 100 5th Avenue, Flatiron District, Manhattan on November 02, 2023.

• Clarion Partners sold 100 5th Avenue, Flatiron District, Manhattan for $126.5 million to Sovereign Partners on November 02, 2023.

• Sovereign Partners borrowed $71.2 million from Deutsche Pfandbriefbank for 126 East 56th Street, Midtown East, Manhattan on May 02, 2023.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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