David Arza
JPMorgan Chase
Lender
JPMorgan Chase portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.5 billion – office 99%, walkup 0%; Manhattan 99%, Bronx 0%
41th largest portfolio by dollar value
3,911,031 sqft – office 99%, walkup 0%;
69th largest by SF
6 properties – Manhattan 83%, Brooklyn 16%
151th largest
6 residential units – Brooklyn 100%, Manhattan 0%
792th largest by residential units
19 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 2 for $129 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Red Apple Group (1), Triangle Equities (1)
Top Ten Associated People:
John A. Catsimatidis (1), Evan Petracca (1)
Recent activity as signatory:
• Triangle Equities borrowed $72 million from JPMorgan Chase for 30-02 Whitestone Expwy, College Point, Queens on January 02, 2025.
• Red Apple Group borrowed $57 million from JPMorgan Chase for 280 8th Avenue, Chelsea, Manhattan on August 02, 2024.
• GRFO Alternative Investments borrowed $10 million from Ellington Management Group for 992 Amsterdam Avenue and 998 Amsterdam Avenue, Upper West Side, Manhattan on January 04, 2023.