Stephen Bailey
(Steve Bailey)
Prudential Financial
Lender
Prudential Financial portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$94.4 million – office 100%; Manhattan 100%, Bronx 0%
570th largest portfolio by dollar value
235,564 sqft – office 100%;
1035th largest by SF
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 3 for $172 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Carlyle Group (3), Sabharwal Properties (1)
Top Ten Associated People:
Jason Hart (2), Wonjoong Kim (1)
Recent activity as signatory:
• Carlyle Groupand Sabharwal Properties borrowed $71 million from Prudential Financial for 72 Caton Place, Windsor Terrace, Brooklyn on May 08, 2024.
• Carlyle Group borrowed $83 million from Prudential Financial for 87-16 121st Street, 145 18th Street, 1690 East New York Avenue, and 651-659 Utica Avenue, Richmond Hill, Queens on April 30, 2024.
• Carlyle Group borrowed $18 million from Prudential Financial for 72 Caton Place, Windsor Terrace, Brooklyn on April 01, 2024.