Murray Mackinnon
Deutsche Bank
Lender
1 Columbus Cir 15th floor New York, NY 10019
Deutsche Bank portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$125.3 million – condo 70%, office 29%; Manhattan 100%, Bronx 0%
441th largest portfolio by dollar value
455,488 sqft – condo 61%, office 38%;
639th largest by SF
6 properties – Manhattan 100%, Bronx 0%
151th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 4 for $177.8 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bronstein Properties (3), RAL Development Services (1), Taconic Partners (1), L+M Development Partners (1), Related Companies (1), Parkoff Organization (1), SL Green Realty (1), Stellar Management (1), Moinian Group (1)
Top Ten Associated People:
Barry Rudofsky (2), Brian Thomas (1), Andrew Zlotnick (1), Glenn Goldstein (1), Andrew S. Levine (1), Ryan Jackson (1), Scott Silverman (1)
Recent activity as signatory:
• Bronstein Properties borrowed $6.4 million from Deutsche Bank for 43-22 45th Street, Sunnyside, Queens on December 18, 2024.
• Bronstein Properties borrowed $6.3 million from Deutsche Bank for 84-25 85th Road, Woodhaven, Queens on September 10, 2024.
• Parkoff Organizationand Bronstein Properties borrowed $5.1 million from Deutsche Bank for 514 West 213th street, Inwood, Manhattan on September 06, 2024.
• Related Companies borrowed $160 million from Deutsche Bank for 457 Gateway Drive, 339 Gateway Drive, 369 Gateway Drive, 459 Gateway Drive, 381 Gateway Drive, and others, East New York, Brooklyn on June 08, 2023.
• Adam America Real Estate borrowed $44 million from Valley National Bank for 595 Baltic Street and 577 Baltic Street, Boerum Hill, Brooklyn on September 02, 2022.
• Taconic Partnersand L+M Development Partners borrowed $285 million from Deutsche Bank for 180 Broome Street, 180 Broome Street, 180 Broome Street, 202 Broome Street, and 202 Broome Street, Lower East Side, Manhattan on June 28, 2022.
• RAL Development Services borrowed $148.1 million from Deutsche Bank for 124 East 14th Street, East Village, Manhattan on June 27, 2022.
• FBE Limited borrowed $94.5 million from Signature Bank for 409 Eastern Parkway, 409 Eastern Parkway, 409 Eastern Parkway, and 409 Eastern Parkway, Crown Heights, Brooklyn on January 19, 2022.
• Magna Hospitality Group borrowed $145 million from PIMCO for 338 West 36th Street, Garment District, Manhattan on January 18, 2022.
• Extell Development borrowed $44 million from Ladder Capital for 17 West 60th Street, Upper West Side, Manhattan on November 03, 2021.