Genesis Capital
(Rithm Capital)
Lender
15303 Ventura Boulevard, Suite 700 Sherman Oaks, California 91403
People:
Genesis Capital NYC portfolio
$4.6 billion -office 83%, condo 16%; Manhattan 100%*
36th largest portfolio by dollar value
6,463,700 sqft – office 88%, condo 11%; Manhattan 100%
66th largest by SF
6 properties – Manhattan 100%
1622th largest
Notes
Genesis Capital is a division of Rithm Capital.
Company Activity past 24 months:
Buyer company: 1 for $3.6 billion
Borrower company: 2 for $307.5 million
Lender company: 20 for $304.8 million
Top Ten Associated Companies:
JPMorgan Chase (2)
Top Ten Associated People:
Richard T. Reczka (1), Jessica Wong (1)
Recent activity as company:
• Alchemy Ventures borrowed $4.8 million from Genesis Capital for 104 President Street, Columbia Waterfront, Brooklyn on June 29, 2026.
• Jacob Isaac Hirsch borrowed $17.5 million from Citibank for 150 Erasmus Street on May 29, 2026.
• Meir Daus borrowed $6.8 million from Genesis Capital for None on May 20, 2026.
• Leo Klein borrowed $13.1 million from Genesis Capital for 1070 Summit Avenue on May 13, 2026.
• Ascenterra Development borrowed $8 million from Genesis Capital for None on April 29, 2026.
• Rithm Capital borrowed $282.5 million from JPMorgan Chase for 1325 Avenue Of The Americas on April 09, 2026.
• Artifact borrowed $14.4 million from Genesis Capital for 230 Broome Street on March 26, 2026.
• Artifact and Ashok Khubani borrowed $38.2 million from Genesis Capital for 1865 Amsterdam Avenue on March 03, 2026.
• Artifact and Ashok Khubani borrowed $85.5 million from Genesis Capital for 636 West 158 Street on February 18, 2026.
• Watermark Capital Group borrowed $7.7 million from Genesis Capital for 106 Downing Street on January 29, 2026.
Latest Stories:
• Ascenterra Development pays $4.7M for 4-family in Carroll Gardens (May 11, 2026)
• Rithm Capital signs $282.5M refi with Chase for office in Midtown West (April 14, 2026)
• Artifact pays $17.8M to Soft Stone, Eisner Bros. for LES dev site (April 09, 2026)
• Artifact, Khubani sign $38.2M refi with Genesis Capital for properties in Harlem (March 19, 2026)
• Ascenterra Development pays $6.4M for 5-unit walkup in Cobble Hill (February 02, 2026)
• Paramount signs new $120M loan with New York Life for office in Midtown East (December 04, 2025)
• Parkview Properties pays $8.3M for two buildings with 17 unit in Bushwick (September 25, 2025)
Properties: