Argent Ventures

Lender

551 Fifth Avenue, 34th Floor New York, NY 10176

argentventures.com

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Argent Ventures NYC portfolio

$699.9 million -hotel 76%, specialty 23%; Manhattan 100%*

324th largest portfolio by dollar value

1,529,431 sqft – hotel 84%, specialty 15%; Manhattan 100%

317th largest by SF

3 properties – Manhattan 100%

2559th largest

9 residential units – Manhattan 100%

4753th largest by residential units

0 foreclosures, 1 bankruptcy, 2 other court cases.

Notes

Founded by Andrew Penson.

Company Activity past 24 months:

Buyer company: 1 for $218.6 million

Seller company: 1 for $53.3 million

Borrower company: 3 for $526.3 million

Top Ten Associated Companies:

Monroe Capital (1), Greystone & Co. (1), H&R REIT (1)

Top Ten Associated People:

Michael Loeb (1), Jason Starr (1), Lisa Follweiler (1)

Recent activity as company:

• Gencom, Argent Ventures and Highgate Hotels borrowed $190 million from Monroe Capital for 699 8 Avenue on December 09, 2025.

• Tishman Realty and MetLife sold 699 8 Avenue for $218.6 million to Highgate Hotels, Gencom and Argent Ventures on December 09, 2025.

• Argent Ventures borrowed $124.3 million from Greystone & Co. for 150 Riverside Drive on November 26, 2024.

• Argent Ventures sold 1611 Broadway for $53.3 million to The buyer on July 23, 2024.

• Argent Ventures borrowed $212 million from H&R REIT for 1611 Broadway on April 17, 2024.

• Riese Organization sold 1611 Broadway for $17.2 million to Argent Ventures on December 28, 2022.

• Theatine Partners borrowed $320.5 million from Argent Ventures for 1611 Broadway on May 03, 2022.

• Argent Ventures on April 27, 2022 bought a loan with an original principal of $25 million from Wells Fargo and SL Green Realty, signed by Matthew Ricketts, secured by 1611 Broadway, when owned by SL Green Realty.

• Argent Ventures on December 23, 2020 bought a loan with an original principal of $195 million from Deutsche Bank, Morgan Stanley and ICBC, signed by Thomas Rugg|Murray Mackinnon, secured by 1611 Broadway, when owned by Vornado Realty Trust.