Shimmie Horn

Triumph Hotels

Owner

Triumph Hotels portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$149.6 million – hotel 89%, N9 6%; Manhattan 90%, Brooklyn 6%

380th largest portfolio by dollar value

642,756 sqft – hotel 87%, N9 8%;

486th largest by SF

8 properties – Manhattan 62%, Bronx 25%

149th largest

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $32.1 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Popular Bank (6), First Republic Bank (1), Apple Bank for Savings (1), Investors Bank (1), Santander Bank (1)

Top Ten Associated People:

David Rabban (2), Alan J. Perlowitz (1), Cynthia Wang (1), Joseph A. Farrauto (1), Joseph Farrauto (1)

Recent activity as signatory:

• Triumph Hotels borrowed $21 million from Popular Bank for 318 West 51st Street, Hell’s Kitchen, Manhattan on October 09, 2024.

• Triumph Hotels borrowed $11.1 million from Popular Bank for 781 East 142nd Street and N/A East 142nd Street, Mott Haven, Bronx on October 09, 2024.

• Triumph Hotels borrowed $31.1 million from Popular Bank for 47 West 44th Street, Midtown West, Manhattan on November 17, 2022.

• Triumph Hotels borrowed $23.5 million from Popular Bank for 7 East 27th Street, NoMad, Manhattan on September 30, 2022.

• Shimmie Horn borrowed $10.6 million from Apple Bank for Savings for 4 East 28th Street, NoMad, Manhattan on July 08, 2022.

• Triumph Hotels borrowed $11.5 million from First Republic Bank for 82-67 Austin Street, Kew Gardens, Queens on March 09, 2022.

• Triumph Hotels borrowed $13 million from Popular Bank for 194 Tillary Street, Fort Greene, Brooklyn on December 29, 2020.

• Triumph Hotels borrowed $5 million from Investors Bank for 94-00 Ditmars Boulevard, East Elmhurst, Queens on October 27, 2020.

• Triumph Hotels borrowed $7.5 million from Santander Bank for 68-09 Burns Street, Forest Hills, Queens on March 12, 2020.

• Triumph Hotels borrowed $8.5 million from Popular Bank for 599 Ralph Avenue, Ocean Hill, Brooklyn on July 18, 2019.