CBRE Investment Management
People:
CBRE Investment Management portfolio
$59.6 million* – industrial 88%, D1 4%; Brooklyn 88%, Bronx 11%
841th largest portfolio by dollar value
688,417 sqft – industrial 96%, D1 1%;
479th largest by SF
13 properties – Bronx 84%, Brooklyn 15%
672th largest
642 residential units – Bronx 100%, Manhattan 0%
341th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $10.1 million
Borrower company: 4 for $64.3 million
Top Ten Associated Companies:
Spaxel (4), Atalaya Capital Management (4), First-Citizens Bank & Trust Company (4), JPMorgan Chase (2), DH Property Holdings (1), Goldman Sachs Asset Management (1), Wildflower Ltd. (1), Amstar (1)
Top Ten Associated People:
Granit Gjonbalaj (4), Dov Hertz (1), Adam I. Gordon (1), Matthew Karp (1), Austin Lotito (1)
Recent activity as company:
• CBRE Investment Management, Spaxel and Atalaya Capital borrowed $13.5 million from First-Citizens Bank & Trust Company for 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx on May 22, 2023.
• 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.
• O’Connor Capital Partners and CBRE Investment Management borrowed $34.6 million from JPMorgan Chase for 5110-5112 2nd Avenue, Sunset Park, Brooklyn on September 15, 2022.
• DH Property Holdings and Goldman Sachs Asset Management sold 640 Columbia Street, Red Hook, Brooklyn for $332 million to CBRE Investment Management on July 14, 2022.
Latest Stories:
• CBRE, Spaxel, Atalaya sign $13.5M construction loan for 46-unit project in Bronx (May 23, 2023)
• Spaxel files plans for 46-unit resi building in Tremont (November 13, 2020)
• Wildflower, Ltd. pays $5.6M to John Polsinelli for lot in Brooklyn (October 21, 2020)
• Wildflower receives TCOs for two 96K sf storage buildings in Brooklyn (September 02, 2020)
Properties: