Granit Gjonbalaj
Ceo
Spaxel
Developer, Owner
228 Park Avenue South, #30194 New York, New York 10003
Spaxel portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$14.5 million – elevator 31%, D3 19%; Bronx 100%, Manhattan 0%
2117th largest portfolio by dollar value
78,883 sqft – elevator 63%, D1 11%;
2188th largest by SF
18 properties – Bronx 100%, Manhattan 0%
139th largest
1,139 residential units – Bronx 100%, Manhattan 0%
195th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 4 for $10.1 million
Seller signatory: 4 for $10.1 million
Borrower signatory: 7 for $116.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
CBRE Investment Management (4), Spaxel (4), First-Citizens Bank & Trust Company (4), Atalaya Capital Management (3), Metropolitan Commercial Bank (3), Atalaya Capital (1), Unity Bank (1), Yitzchok Weinberg (1), 3254 Parkside Realty LLC (1)
Top Ten Associated People:
Granit Gjonbalaj (4), Jay Shah (1), Ross Dahmen (1), Karen Klotz (1), Yitzchok Weinberg (1), Robert J. Teitelbaum (1)
Recent activity as signatory:
• Spaxel borrowed $17.4 million from Metropolitan Commercial Bank for 1731 West Farms Road, East Morrisania, Bronx on October 07, 2024.
• Spaxel borrowed $6.2 million from Unity Bank for 915 Dawson Street, Longwood, Bronx on September 30, 2024.
• Spaxel borrowed $28.9 million from Metropolitan Commercial Bank for 1828 Anthony Avenue, 1824 Anthony Avenue, and 1826 Anthony Avenue, Mt Hope, Bronx on October 31, 2023.
• CBRE Investment Managementand Spaxeland Atalaya Capital borrowed $13.5 million from First-Citizens Bank & Trust Company for 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx on May 22, 2023.
• Spaxeland Atalaya Capital Management sold 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx for $1.9 million to CBRE Investment Managementand Spaxeland Atalaya Capital on May 22, 2023.
• CBRE Investment Managementand Spaxeland Atalaya Capital Management borrowed $17.3 million from First-Citizens Bank & Trust Company for 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx on May 11, 2023.
• Spaxeland Atalaya Capital Management sold 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx for $2.1 million to CBRE Investment Managementand Spaxeland Atalaya Capital Management on May 11, 2023.
• CBRE Investment Managementand Spaxeland Atalaya Capital Management borrowed $13.8 million from First-Citizens Bank & Trust Company for 1751 Monroe Avenue, Mt Hope, Bronx on May 09, 2023.
• Spaxeland Atalaya Capital Management sold 1751 Monroe Avenue, Mt Hope, Bronx for $2.4 million to CBRE Investment Managementand Spaxeland Atalaya Capital Management on May 09, 2023.
• CBRE Investment Managementand Spaxeland Atalaya Capital Management borrowed $19.8 million from First-Citizens Bank & Trust Company for 2710 Creston Avenue, 2714 Creston Avenue, 2704 Creston Avenue, and 2702 Creston Avenue, Fordham Manor, Bronx on May 08, 2023.
Latest Stories:
• Spaxel signs $28.9M construction loan for 128-unit project in Mt Hope November 01, 2023
• CBRE, Spaxel, Atalaya sign $13.5M construction loan for 46-unit project in Bronx May 23, 2023
• Spaxel sells Norwood rental for $16.1M November 24, 2021
• Granit Gjonbalaj borrows $19M from SBT Advantage Bank for construction in Riverdale March 10, 2020