Fortuna Realty Group
People:
Fortuna Realty Group NYC portfolio
$373.2 million -hotel 71%, condo 24%, development 3%; Manhattan 100%*
560th largest portfolio by dollar value
372,102 sqft – hotel 68%, condo 18%, development 13%; Manhattan 100%
998th largest by SF
5 properties – Manhattan 100%
1761th largest
4 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Seller company: 2 for $6 million
Borrower company: 3 for $103.2 million
Top Ten Associated Companies:
Goldman Sachs (4), Lalmir Sultanzada (2), Jesta Group (1), Deutsche Bank (1), BridgeInvest (1), 109Co (1), Citibank (1), Prime Finance Partners (1)
Top Ten Associated People:
Lalmir Sultanzada (2), Judah Bendayan (1), Aurelian Vinson (1), Laurent Teitgen (1), Anthony Pontoriero (1), David Addison (1), Alex Horn (1)
Recent activity as company:
• 109Co on February 25, 2026 bought a loan with an original principal of $44 million from Morgan Stanley, signed by Emily Pereless, secured by 129 West 28 Street, when owned by Fortuna Realty Group.
• Fortuna Realty Group borrowed $52 million from BridgeInvest for 523 Greenwich Street on June 09, 2025.
• Fortuna Realty Group borrowed $51.2 million from Citibank for 27 West 38th Street and 25 West 38th Street, Grand Central, Manhattan on February 07, 2025.
• Fortuna Realty Group sold 304 East 173 Street for $2.9 million to Lalmir Sultanzada on March 21, 2024.
• Fortuna Realty Group sold 372 East 148 Street for $3.1 million to Lalmir Sultanzada on March 21, 2024.
• Fortuna Realty Group borrowed $10 million from Jesta Group for 1150 Avenue Of The Americas on August 31, 2023.
• Fortuna Realty Group borrowed $124 million from Deutsche Bank for None on July 25, 2023.
• Fortuna Realty Group and Kalimian Equities borrowed $116 million from Goldman Sachs for None on August 24, 2022.
• Prime Finance Partners on February 11, 2022 bought a loan with an original principal of $45 million from M&T Bank, signed by Frederick C. Ross, secured by 523 Greenwich Street, when owned by Fortuna Realty Group.
• Fortuna Realty Group borrowed $112 million from Goldman Sachs for None on November 03, 2020.
Latest Stories:
• Fortuna Realty Group signs $52M refi with BridgeInvest for hotel in Hudson Square (June 18, 2025)
• Morgan Stanley files $44M pre-foreclosure at 122-room hotel in Chelsea (April 03, 2025)
• Lalmir Sultanzada pays $5.9M to Fortuna Realty Group for mixed-use in Bronx (April 05, 2024)
• Prime Finance buys $45M note secured by Fortuna’s Hotel Hugo (February 18, 2022)
Court Records:
Properties:
