David Lifschitz
Ceo
Gehr Group
Owner
Gehr Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$79 million – hotel 100%; Manhattan 100%, Bronx 0%
662th largest portfolio by dollar value
200,738 sqft – hotel 100%;
1186th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $18.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
MidFirst Bank (1), Guardian Life Insurance Company of America (1), Guardian Life Insurance Company Of America (1)
Top Ten Associated People:
Salem McMullan (1)
Recent activity as signatory:
• Gehr Group borrowed $18.2 million from MidFirst Bank for 330 West 40th Street, Garment District, Manhattan on April 30, 2024.
• Gehr Group borrowed $54.5 million from Guardian Life Insurance Company of America for 326 West 40th Street, Garment District, Manhattan on February 16, 2022.
• GEHR Group borrowed $54.5 million from Guardian Life Insurance Company Of America for 326 West 40th Street, Hudson Yards, Manhattan on March 24, 2021.