Atalaya Capital Management

Atalaya Capital Management portfolio

$24.8 million* – development 83%, D3 11%; Queens 77%, Bronx 22%

1511th largest portfolio by dollar value

17,604 sqft – D3 48%, development 27%;

4392th largest by SF

10 properties – Bronx 90%, Queens 10%

857th largest

550 residential units – Bronx 100%, Manhattan 0%

398th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $8.2 million

Seller company: 4 for $10.1 million

Borrower company: 3 for $50.9 million

Top Ten Associated Companies:

CBRE Investment Management (4), Spaxel (4), Atalaya Capital Management (3), First-Citizens Bank & Trust Company (3), Atalaya Capital (1), JPMorgan Chase (1)

Top Ten Associated People:

Granit Gjonbalaj (4), Simon B. Burce (1)

Recent activity as company:

Spaxel and Atalaya Capital Management sold 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx for $1.9 million to CBRE Investment Management, Spaxel and Atalaya Capital on May 22, 2023.

CBRE Investment Management, Spaxel and Atalaya Capital Management borrowed $17.3 million from First-Citizens Bank & Trust Company for 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx on May 11, 2023.

Spaxel and Atalaya Capital Management sold 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx for $2.1 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on May 11, 2023.

CBRE Investment Management, Spaxel and Atalaya Capital Management borrowed $13.8 million from First-Citizens Bank & Trust Company for 1751 Monroe Avenue, Mt Hope, Bronx on May 09, 2023.

Spaxel and Atalaya Capital Management sold 1751 Monroe Avenue, Mt Hope, Bronx for $2.4 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on May 09, 2023.

CBRE Investment Management, Spaxel and Atalaya Capital Management borrowed $19.8 million from First-Citizens Bank & Trust Company for 2710 Creston Avenue, 2714 Creston Avenue, 2704 Creston Avenue, and 2702 Creston Avenue, Fordham Manor, Bronx on May 08, 2023.

Spaxel and Atalaya Capital Management sold 2710 Creston Avenue, 2714 Creston Avenue, 2704 Creston Avenue, and 2702 Creston Avenue, Fordham Manor, Bronx for $3.8 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on May 08, 2023.

Innovo Property Group, Nan Fung Group and Atalaya Capital Management borrowed $304.6 million from JPMorgan Chase for 23-30 Borden Avenue, Long Island City, Queens on August 02, 2022.

Flag Luxury Group borrowed $200 million from Bank OZK for 29 West 28th Street and 1185 Broadway, NoMad, Manhattan on February 09, 2022.

Latest Stories:

• CBRE, Spaxel, Atalaya sign $13.5M construction loan for 46-unit project in Bronx (May 23, 2023)

• Spaxel, Atalaya, CBRE fund sign $19.8M construction loan for 73-unit project in Fordham Manor (May 09, 2023)

• Innovo, Nan Fung Group, sign $304.6M construction loan with JPMorgan Chase for 680K LIC warehouse (August 03, 2022)

• Flag Luxury Group signs $200M refi loan with Bank OZK for two hotel buildings in NoMad (February 10, 2022)

• Pimco acquires interest from Innovo Property Group valued at $13.2M for LIC development (August 16, 2021)

• Innovo pays $18M for air rights in Long Island City (March 15, 2021)

• Innovo borrows $93M first mortgage from Starwood for LIC development (March 15, 2021)

• Spaxel files plans for 46-unit resi building in Tremont (November 13, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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