Cape Advisors

People:

To see the 4 people from this company you need a Professional level subscription

Subscribe ($125/month)

Cape Advisors NYC portfolio

$164.6 million -elevator 62%, office 35%, walkup 2%; Queens 62%, Manhattan 37%*

1097th largest portfolio by dollar value

430,905 sqft – elevator 87%, office 12%; Queens 87%, Manhattan 12%

935th largest by SF

5 properties – Queens 60%, Manhattan 40%

1868th largest

562 residential units – Queens 99%

549th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $51.9 million

Developer (new building or major alteration): 1 for 50,928 square feet

Top Ten Associated Companies:

AIG (1), Blackstone Group (1), KPG Funds (1), Morgan Stanley (1), UBS Realty Investors (1)

Top Ten Associated People:

Kevin Pivnick (1), Gregory Kraut (1), Cynthia Eckes (1)

Recent activity as company:

• Cottonwood Communities sold 11-12 30 Drive for $51.9 million to Cape Advisors on July 29, 2024.

• Cape Advisors borrowed $212 million from AIG and Blackstone Group for 30-88 12 Street on December 14, 2022.

• Pioneer Group sold 30-88 12 Street for $155.3 million to Cape Advisors on April 14, 2022.

• Cape Advisors for David Kronman filed plans for new building for 75,780 sqft in Astoria, Queens, on January 13, 2022.

• Cape Advisors for David Kronman filed plans for new building for 132,099 sqft in Astoria, Queens, on January 13, 2022.

• Cape Advisors for David Kronman filed plans for new building for 126,689 sqft in Astoria, Queens, on January 13, 2022.

• Cape Advisors for David Kronman filed plans for new building for 313,563 sqft in Astoria, Queens, on January 13, 2022.

• Cape Advisors borrowed $43.5 million from Morgan Stanley for 7 Crosby Street on November 24, 2021.

• Cape Advisors sold 102 Chambers Street, Tribeca, Manhattan for $12 million to KPG Funds on January 06, 2021.

• Cape Advisors sold 19 St Marks Place for $35 million to UBS Realty Investors on April 23, 2020.

Latest Stories:

• Arman Noghreh pays $3.8M to KPG Funds for retail condo in Tribeca (February 13, 2026)

• Movcap signs $19.2M acquisition loan with Berkadia for 41-unit mixed-use in East Village (December 11, 2024)

• Movcap pays $27.5M to UBS fund for resi, retail in East Village, was $35M in 2020 (November 18, 2024)

• Cape Advisors buys 12% stake from partner Cottonwood at 3 Astoria rentals (July 31, 2024)

• KPG Funds signs $9M refi with Ready Capital for retail in Tribeca (May 17, 2023)

• Moscow-based Pioneer Group sells Astoria West stake to partner Cape Advisors valued at $155.3M (April 28, 2022)

• Cape Advisors signs $43.5M refi loan with Morgan Stanley for office building in Little Italy (December 17, 2021)

• Greg Kraut’s KPG Funds pays $12M to Cape Advisors for retail condo in Tribeca (January 21, 2021)

• Cape Advisors gets $225M construction loan from Square Mile, which borrows $180M from Bank OZK (August 18, 2020)

• UBS Realty Investors pays $35M to Craig Wood’s Cape Advisors for property in East Village (April 28, 2020)

Properties:

To see the 5 properties for this company you need a Professional level subscription