Martin Davidson
TPG Real Estate Partners
Owner
TPG Real Estate Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$274.8 million – office 100.0%, None 0.0%; Manhattan 100.0%, Bronx 0.0%
214th largest portfolio by dollar value
1,070,638 sqft – office 100.0%, None 0.0%;
316th largest by SF
4 properties – Manhattan 100%, Bronx 0%
153th largest
Person Activity past 24 months:
Buyer signatory: 1 for $147.5 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 1 for $150 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Joyland Group (1), Loketch Group (1), DWS Group (1)
Top Ten Associated People:
Joel Wertzberger (1), Allan Lebovits (1), Pinchos Loketch (1), James E. Toney (1), Jeffrey R. Riemer (1)
Recent activity as signatory:
• Joyland Groupand Loketch Group borrowed $150 million from TPG Real Estate Partners for 28 Boerum Street, Williamsburg, Brooklyn on July 31, 2024.
• DWS Group sold 222 Broadway, Financial District, Manhattan for $147.5 million to GFP Real Estateand TPG Real Estate Partners on April 25, 2024.
Latest Stories:
• GFP, TPG submit plans for 798-unit conversion of FiDi commercial tower August 12, 2024
• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg August 01, 2024
• GFP, TPG pay $147.5M to DWS Group for office building in FiDi for resi conversion April 26, 2024