Elad Group
People:
Elad Group NYC portfolio
$575.1 million -condo 51%, office 33%, walkup 11%; Manhattan 99%*
387th largest portfolio by dollar value
453,391 sqft – condo 62%, office 35%, retail 1%; Manhattan 100%
894th largest by SF
33 properties – Manhattan 100%
287th largest
130 residential units – Manhattan 100%
1505th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $78.1 million
Borrower company: 4 for $264.3 million
Developer (new building or major alteration): 1 for 178,297 square feet
Top Ten Associated Companies:
Valley National Bank (2), Jack Shainman Gallery (1), Starwood Mortgage Capital (1), Starwood Property Trust (1), Apple Bank (1), Lawland Properties (1), Deutsche Bank (1), Lionheart Strategic Management (1), G4 Capital Partners (1), Kriss Capital (1)
Top Ten Associated People:
Oren Sapirstein (2), Jack Shainman (1), Christopher Gregg (1), Grace Y. Chiang (1), Joseph Rothenberg (1), Cynthia Wang (1), Lawrence N. Friedland (1), Roger Rofe (1), Christopher Harrisi (1), Mrinal Dansingani (1)
Recent activity as company:
• Elad Group borrowed $146.1 million from Deutsche Bank for 106 East 29 Street on January 26, 2026.
• Elad Group for Alex Olsen filed plans for major alteration for 178,297 sqft in NoMad, Manhattan, on September 04, 2025.
• Elad Group borrowed $77.4 million from Starwood Property Trust for 1297 3 Avenue on August 15, 2025.
• Elad Group borrowed $33.2 million from Starwood Mortgage Capital for 7 West End Avenue, 627 West 59th Street, and 627 West 59th Street, Lincoln Square, Manhattan on May 08, 2025.
• Walter & Samuels sold 2587 Broadway for $5.9 million to Elad Group on February 28, 2025.
• Walter & Samuels and Friedland Group sold 106 East 29 Street for $72.2 million to Elad Group on August 08, 2024.
• Elad Group borrowed $7.5 million from Apple Bank and Lawland Properties for 106 East 29 Street on August 08, 2024.
• Elad Group and Peebles Corporation sold 108 Leonard Street, 108 Leonard Street, 108 Leonard Street, and 108 Leonard Street, Civic Center, Manhattan for $18.2 million to Jack Shainman Gallery on January 11, 2024.
• Elad Group borrowed $88.9 million from G4 Capital Partners for 46 Lafayette Street, 50 Lafayette Street, 108 Leonard Street, 108 Leonard Street, 108 Leonard Street, and others, Civic Center, Manhattan on May 23, 2023.
• Elad Group borrowed $140.3 million from Valley National Bank for None on April 27, 2023.
Latest Stories:
• Elad Group signs $146.1M construction loan for 111-unit conversion in NoMad (January 29, 2026)
• Elad Group signs $77.4M refi with Starwood for 26 properties in Lenox Hill (August 26, 2025)
• Elad Group pays $5.9M to Walter & Samuels on UWS for likely dev site (March 06, 2025)
• Elad Group pays $72.2M to Walter & Samuels for office in NoMad (August 20, 2024)
• Jack Shainman Gallery pays $18.2M to Elad for retail in Civic Center (January 24, 2024)
• Elad Group signs $88.9M condo inventory loan with G4 in Civic Center (June 01, 2023)
• Elad Group signs $140.3M construction loan for 42-unit condo in Lenox Hill (May 08, 2023)
• Elad Group pays $61M to Premier Equities for 3 parcels of dev site in Lenox Hill (May 16, 2022)
Court Records:
Properties:
