Morris Moinian
Fortuna Realty Group
Fortuna Realty Group|Fortuna Realty Group|Kalimian Equities portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$66.8 million – hotel 88%, development 11%; Manhattan 100%, Bronx 0%
757th largest portfolio by dollar value
242,836 sqft – hotel 79%, development 20%;
1014th largest by SF
3 properties – Manhattan 100%, Bronx 0%
154th largest
3 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $134 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Goldman Sachs (2), Deutsche Bank (1), Jesta Group (1)
Top Ten Associated People:
Anthony Pontoriero (1), David Addison (1), Judah Bendayan (1), Aurelian Vinson (1), Laurent Teitgen (1)
Recent activity as signatory:
• Fortuna Realty Group borrowed $10 million from Jesta Group for 1150 Avenue Of The Americas, Midtown West, Manhattan on October 03, 2023.
• Fortuna Realty Group borrowed $124 million from Deutsche Bank for 30 West 39th Street, Grand Central, Manhattan on August 10, 2023.
• Fortuna Realty Groupand Kalimian Equities borrowed $116 million from Goldman Sachs for 19 West 38th Street, Grand Central, Manhattan on August 31, 2022.
• Fortuna Realty Group borrowed $112 million from Goldman Sachs for 19 West 38th Street, Garment District, Manhattan on November 25, 2020.
• Morris Moinian filed plans for new building for 138,345 sqft in Midtown West, Manhattan, on October 02, 2015.
• Morris Moinian filed plans for new building for 56,117 sqft in Grand Central, Manhattan, on September 05, 2013.
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