James Huddleston

Deutsche Bank

Lender

1 Columbus Cir 15th floor New York, NY 10019

LinkedIn

Deutsche Bank portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$125.3 million – condo 70%, office 29%; Manhattan 100%, Bronx 0%

441th largest portfolio by dollar value

455,488 sqft – condo 61%, office 38%;

639th largest by SF

6 properties – Manhattan 100%, Bronx 0%

151th largest

1 foreclosure, 0 bankruptcies, 0 other court cases.

Top Ten Associated Companies:

Hackman Capital Partners (1), Moinian Group (1), RAL Development Services (1)

Top Ten Associated People:

Brent Iloulian (1), Joseph Moinian (1), Brian Thomas (1)

Recent activity as signatory:

Mitchell Holdings borrowed $0 from Capstone Equities for 19 West 31st Street, Penn Station, Manhattan on January 09, 2023.

Sotheby’s borrowed $50 million from Natixis for 25-11 49th Avenue, Long Island City, Queens on October 05, 2022.

Moinian Group borrowed $106 million from Deutsche Bank for 17 Battery Place, Financial District, Manhattan on July 11, 2022.

RAL Development Services borrowed $148.1 million from Deutsche Bank for 124 East 14th Street, East Village, Manhattan on June 27, 2022.

Hackman Capital Partners borrowed $340 million from Deutsche Bank for 34-12 36th Street, 36-06 34th Avenue, 35-01 36th Street, 34-37 36th Street, and 35-23 35th Avenue, Astoria, Queens on January 14, 2022.

• CBSK Ironstate borrowed $70 million from Madison Realty Capital for 1228 Madison Avenue, Carnegie Hill, Manhattan on August 24, 2021.

• Cogswell Lee Development borrowed $0 from Waterfall Asset Management for 150 Rivington Street, 150 Rivington Street, 150 Rivington Street, 150 Rivington Street, 150 Rivington Street, and others, Lower East Side, Manhattan on January 22, 2021.

Normandy Real Estate Partners borrowed $75 million from Waterfall Asset Management for 47-37 Austell Place, Long Island City, Queens on January 11, 2021.

Latest Stories:

• Capstone Equities acquires Penn Plaza hotel from Mitchell Holdings that had $41M debt June 22, 2023

• Capstone Equities buys $41M note secured by Mitchell Holdings hotel in Penn Plaza January 10, 2023

• Sotheby’s signs $50M initial loan with Natixis for office in Long Island City October 06, 2022

• Moinian Group signs $106M loan with Deutsche Bank for office in Financial District July 12, 2022

• RAL signs $148.1M loan with Deutsche Bank for office in East Village June 28, 2022

• Arel Capital, CBSK Ironstate sell 3 apartments for $55M at 1228 Madison in Carnegie Hill June 24, 2022

• Sotheby’s affiliate pays $82.5M to Columbia Property Trust for new office building in Long Island City February 09, 2022

• Hackman Capital, Square Mile finance Astoria Studios purchase with $340M Deutsche Bank loan January 17, 2022

• CBSK Ironstate, Arel Capital sign $70M senior mortgage loan with Madison Realty for condop in Carnegie Hill August 25, 2021

• Waterfall fund buys debt on 10 unsold units at Cogswell’s 150 Rivington condo January 25, 2021