Morris Moinian

Fortuna Realty Group

Fortuna Realty Group|Fortuna Realty Group|Kalimian Equities portfolio

$66.8 million* – hotel 88%, development 11%; Manhattan 100%, Bronx 0%

777th largest portfolio by dollar value

242,836 sqft – hotel 79%, development 20%;

1034th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2226th largest

3 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Borrower signatory: 2 for $134 million

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 company:

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 Group and 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.

Court Records:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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