Joseph Banda
Ranco Capital
Owner
Ranco Capital portfolio
$3.7 million* – elevator 70%, development 29%; Brooklyn 100%, Manhattan 0%
4349th largest portfolio by dollar value
21,052 sqft – elevator 100%, development 0%;
4121th largest by SF
2 properties – Brooklyn 100%, Manhattan 0%
3647th largest
77 residential units – Brooklyn 100%, Manhattan 0%
1692th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $2.8 million
Borrower signatory: 1 for $82 million
Top Ten Associated Companies:
Goodman Capital (1), Bridge City Funding (1), Pauline Lam (1), Valley National Bank (1), Grasshopper Bank (1), Robert Weil (1), Bridgecity Capital (1), Bank of Princeton (1), BankUnited (1), Joseph Mattone (1)
Top Ten Associated People:
Eric Goodman (1), Allan Lebovits (1), Hung Henry Koon, Pauline Lam (1), Terence McArdle (1), Arthur M. Birenbaum (1), Robert Weil (1), Ellen Hoey (1), Joseph Mattone and James Mannix (1)
Recent activity as company:
• Robert Gilardian borrowed $82 million from Bridgecity Capital for 534 3rd Avenue, Murray Hill, Manhattan on September 10, 2024.
• Robert Weil sold 402 Union Avenue, Williamsburg, Brooklyn for $2.8 million to Joseph Banda on December 18, 2023.
• Joseph Banda borrowed $7 million from Grasshopper Bank for 162-166 20th Street, Greenwood Heights, Brooklyn on October 28, 2022.
• Joseph Banda borrowed $45.4 million from Valley National Bank for 262 9th Street, Park Slope, Brooklyn on May 03, 2022.
• Joseph Banda borrowed $16 million from Goodman Capital for 262 9th Street, Park Slope, Brooklyn on May 03, 2022.
• Joseph Banda borrowed $55 million from Bridge City Funding for 262 9th Street, Park Slope, Brooklyn on February 07, 2022.
• Joseph Banda borrowed $6 million from 1st Constitution Bank for 494 East 23rd Street, Flatbush, Brooklyn on December 02, 2021.
• Ranco Capital borrowed $16.5 million from Parke Bank for 2045 Ocean Avenue, Midwood, Brooklyn on November 10, 2021.
• Joseph Banda borrowed $5.9 million from BankUnited for 6803 3rd Avenue and 6803 3rd Avenue, Bay Ridge, Brooklyn on December 23, 2020.
• Pauline Lam sold 382 Metropolitan Avenue, Williamsburg, Brooklyn for $4 million to Joseph Banda on September 10, 2020.
Latest Stories:
• Mattone Investors files plans for 97K sf residential building in Williamsburg (August 14, 2020)
• CW Realty borrows $38M from Dime Community Bank for property in Williamsburg (July 15, 2020)
Court Records: