Churchill Real Estate
(Tryon Street Acquisition Trust, Churchill Real Estate Holdings, Churchill Financial, Churchill Finance)
Owner, Lender
450 W 14th St 9th Floor New York, NY 10014
1415 Vantage Pk Dr #240, Charlotte, NC 28203
People:
Churchill Real Estate NYC portfolio
$161.4 million -elevator 43%, office 24%, walkup 13%; Manhattan 99%*
1121th largest portfolio by dollar value
144,890 sqft – elevator 44%, walkup 34%, office 20%; Manhattan 100%
1930th largest by SF
8 properties – Manhattan 100%
1325th largest
107 residential units – Manhattan 100%
1768th largest by residential units
15 foreclosures, 2 bankruptcies, 264 other court cases.
Other Links:
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=bowZ7S_PLUS_V_PLUS_n4nIHAxHqRoFA==
Notes
Churchill Real Estate is both an owner and lender. Tryon Street Acquisition Trust is an affiliate of Churchill Real Estate. “Churchill Funding I LLC, as attorney in fact for the Plaintiff Tryon Street Acquisition Trust
Company Activity past 24 months:
Seller company: 5 for $86.7 million
Top Ten Associated Companies:
Signature Bank (3), Jackson Group (2), Churchill Real Estate Holdings (1), Macklowe Properties (1), SK Development (1), Vornado Realty Trust (1), Marathon Asset Management (1), Silver Point Capital (1), Wall Bridge Properties (1), David Habif (1)
Top Ten Associated People:
Gabriel Chehebar (2), Scott Shnay (1), Alan J. Rice (1), Craig Thaler (1), Aaron Greene (1), David Habif (1), Simon Dushinsky (1), Julian Kiguel (1), Anthony Faglione (1), Gary Spindler (1)
Recent activity as company:
• Loketch Group borrowed $19 million from Natixis for 1010 Bedford Avenue, Bedford Stuyvesant, Brooklyn on February 27, 2026.
• Shore Assets borrowed $5.5 million from Derby Copeland Capital for 60 West 91 Street on December 23, 2025.
• Gilad Tamir and Raymond Michael Gallagher borrowed $13.7 million from Greystone & Co. for 540 Graham Avenue on November 14, 2025.
• Macklowe Properties and SK Development borrowed $55 million from Related Companies for 809 Madison Avenue and 30 East 68th Street, Lenox Hill, Manhattan on September 19, 2025.
• Churchill Real Estate Holdings sold 809 Madison Avenue and 30 East 68th Street, Lenox Hill, Manhattan for $49 million to Macklowe Properties and SK Development on September 18, 2025.
• Gittel Kaff borrowed $10.3 million from M&T Bank for 565 St Johns Place on July 15, 2025.
• Bruklyn Builders borrowed $50 million from Zions Bancorporation for 157 Carlton Avenue on June 20, 2025.
• Joel Schwartz borrowed $14.2 million from BridgeCity Capital for 272 South 1 Street on April 04, 2025.
• Joyland Group borrowed $88 million from Citibank for 7 Bushwick Avenue on April 02, 2025.
• FBL Development borrowed $26.5 million from Preferred Bank for 81-07 Kew Gardens Road on March 31, 2025.
Latest Stories:
• FBL Development signs $26.5M refi for 51-unit mixed-use in Kew Gardens (April 25, 2025)
• Rabsky Group pays $18.8M for formerly bankrupt conversion in Crown Heights (August 15, 2024)
• Jackson Group acquires Lenox Hill retail through ground lease with Churchill (July 29, 2024)
Court Records:
Properties:
