Arden Group
1600 Market Street, Suite 2600 Philadelphia, PA 19103
People:
Arden Group NYC portfolio
$410.3 million -hotel 54%, development 45%; Manhattan 99%*
532th largest portfolio by dollar value
158,519 sqft – hotel 100%; Manhattan 100%
1807th largest by SF
2 properties – Manhattan 100%
3553th largest
222 residential units – Manhattan 100%
1061th largest by residential units
0 foreclosures, 2 bankruptcies, 2 other court cases.
Notes
Website: Arden Group is a privately held, vertically integrated middle market private commercial real estate fund manager and operator.
Company Activity past 24 months:
Borrower company: 3 for $199.5 million
Top Ten Associated Companies:
Maxim Capital Group (2), SCALE Lending (2), Starwood Property Trust (1), Banco Inbursa (1), Slate Property Group (1)
Top Ten Associated People:
Eric Sadkin (2), Joseph Rothenberg (1), Martin Nussbaum (1)
Recent activity as company:
• Arden Group borrowed $141.5 million from Starwood Property Trust for 4658 Broadway on July 28, 2025.
• Arden Group borrowed $33 million from Maxim Capital Group for 124 West 57 Street on May 28, 2025.
• Arden Group borrowed $25 million from Maxim Capital Group for 124 West 57 Street on May 28, 2025.
• Soho Properties sold 564 7 Avenue for $150.4 million to Arden Group and Corten Real Estate Partners on December 20, 2023.
• Arden Group borrowed $150 million from Banco Inbursa for 4658 Broadway on April 14, 2023.
• Arden Group borrowed $34 million from SCALE Lending for 4658 Broadway on December 17, 2021.
• Arden Group for Joseph Caruso filed plans for new building for 351,388 sqft in Washington Heights, Manhattan, on November 29, 2021.
• Arden Group borrowed $44 million from SCALE Lending for 4658 Broadway on June 01, 2021.
• FBE Limited sold 4658 Broadway for $54 million to Arden Group on November 12, 2019.
• Arden Group borrowed $44 million from Slate Property Group for 4658 Broadway on November 12, 2019.
Latest Stories:
• Soho Properties files second bankruptcy at Margaritaville hotel (August 14, 2023)
• Mezz lenders Arden, Corten sue Margaritaville Times Square investors for $85M (July 12, 2023)
• Soho Properties puts Margaritaville hotel in bankruptcy to block $57M UCC auction (July 10, 2023)
• Soho Properties seeks to block $57M UCC auction for Margaritaville hotel (June 30, 2023)
• Soho Properties signs $167M refi with OWS for Times Square hotel project (October 01, 2021)
Court Records:
Properties: