Asland Capital Partners
People:
Asland Capital Partners NYC portfolio
$49.7 million -elevator 71%, walkup 28%; Bronx 59%, Manhattan 40%*
2243th largest portfolio by dollar value
372,483 sqft – elevator 71%, walkup 28%; Bronx 63%, Manhattan 36%
1026th largest by SF
11 properties – Manhattan 72%, Bronx 27%
968th largest
397 residential units – Bronx 64%, Manhattan 35%
709th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $11.7 million
Borrower company: 1 for $222.1 million
Top Ten Associated Companies:
NYC Housing Development Corporation (3), NYS Housing Finance Agency (1), Gilbane Development (1)
Top Ten Associated People:
Julie M. Behrens (1), Lauren Connors (1), Matthew P. Lawrence (1)
Recent activity as company:
• Douglaston Development, Asland Capital Partners and Breaking Ground borrowed $222.1 million from NYC Housing Development Corporation for 712 Croes Avenue on June 26, 2024.
• Asland Capital Partners and Pembroke sold 1931 Lafayette Avenue for $11.7 million to Gilbane Development on May 09, 2024.
• L+M Development Partners sold 2560 Adam Clayton Powell Jr Boulevard for $5.9 million to Asland Capital Partners on June 30, 2023.
• Asland Capital Partners borrowed $11.3 million from NYC Housing Development Corporation for 1023 Washington Avenue on June 02, 2023.
• L+M Development Partners sold 349 Lenox Avenue for $5.2 million to Asland Capital Partners on June 02, 2023.
• Asland Capital Partners borrowed $8.4 million from NYC Housing Development Corporation for 215 West 148 Street on June 02, 2023.
• L+M Development Partners sold 1090 Franklin Avenue for $6.3 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 1023 Washington Avenue for $17.7 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 215 West 148 Street for $10.1 million to Asland Capital Partners on June 02, 2023.
• Asland Capital Partners and Pembroke borrowed $77.3 million from NYS Housing Finance Agency for 1940 Turnbull Avenue on March 31, 2022.
Latest Stories:
• Gilbane Development pays $11.7M to Asland Capital, Pembroke for parcel in Unionport (May 21, 2024)
• Starrett borrows $31M from Capital One for property in Bronx (December 22, 2020)
Properties: