Matthew Scheriff

(Matthew K. Scheriff)

Legal1031 Exchange Services

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Accounting

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Person Activity past 24 months:

Buyer signatory: 2 for $207.7 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $148.9 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Deutsche Bank (2), AEW Capital Management (1), Truist Bank (1), Invesco Real Estate (1), Silverstein Properties (1), Ladder Capital (1), Metropolitan Commercial Bank (1)

Top Ten Associated People:

Matthew B. Tracy (1), Jason W. Geer (1), Michael Levy (1), Joshua Frank (1), Robert Deutsch (1)

Recent activity as signatory:

Namdar Realty Groupand Empire Capital Holdings borrowed $71.5 million from Deutsche Bank for 529 5th Avenue, Grand Central, Manhattan on June 26, 2023.

Silverstein Properties sold 529 5th Avenue, Grand Central, Manhattan for $107.6 million to Namdar Realty Groupand Empire Capital Holdings on June 26, 2023.

Namdar Realty Groupand Empire Capital Holdingsand Khashy Eyn borrowed $77.4 million from Deutsche Bank for 552 West 54th Street, Hell’s Kitchen, Manhattan on April 11, 2023.

• Invesco Real Estate sold 552 West 54th Street, Hell’s Kitchen, Manhattan for $100.1 million to Namdar Realty Groupand Empire Capital Holdingsand Khashy Eyn on April 11, 2023.

Empire Capital Holdingsand Namdar Realty Group borrowed $53.2 million from Truist Bank for 830 3rd Avenue, Midtown East, Manhattan on September 30, 2022.

AEW Capital Management sold 830 3rd Avenue, Midtown East, Manhattan for $72 million to Empire Capital Holdingsand Namdar Realty Group on September 30, 2022.

Namdar Realty Groupand Klosed Propertiesand Silber Investment Propertiesand Ramin Abdolazadeh borrowed $18.4 million from Metropolitan Commercial Bank for 2651 Broadway, Upper West Side, Manhattan on April 28, 2022.

Namdar Realty Group borrowed $11.6 million from Ladder Capital for 117 West 57th Street and 128 East 86th Street, Midtown, Manhattan on December 03, 2021.

Latest Stories:

• Namdar, Empire Capital file plans for 188-unit conversion in Midtown East September 19, 2024

• Namdar, Klosed, partners, sign $147.1M refi for 20 properties in NYC June 06, 2024

• Klosed, Namdar, Silber sign $14.6M loan extension with Ladder Capital for two walkups in Manhattan November 27, 2023

• Namdar, partners sign $111.2M loan for Fifth Avenue office properties September 28, 2023

• Namdar, Empire Capital pay $107.6M to Silverstein for office in Grand Central June 27, 2023

• Namdar, Empire Capital pay $100.1M to Invesco for 162 units in Hell’s Kitchen, seller paid $170M April 11, 2023

• Empire Capital, Namdar pay $72M to AEW Capital for office building in Midtown East October 03, 2022

• Namdar, Klosed Properties, Silber sign $18M rehab loan with Metropolitan Commercial for hotel in Upper West Side April 29, 2022

• Klosed, Namdar pay $15.5M to Impulsive Group for UWS hotel December 08, 2021

• Namdar Realty signs $11.6M acquisition loan with Ladder for two rentals in Manhattan December 06, 2021