Hope Street Capital
People:
Hope Street Capital portfolio
$38.5 million* – elevator 77.0%, office 11.0%; Brooklyn 88.0%, Bronx 11.0%
1123th largest portfolio by dollar value
300,050 sqft – elevator 80.0%, M1 14.0%;
902th largest by SF
9 properties – Brooklyn 88%, Bronx 11%
923th largest
422 residential units – Brooklyn 100.0%, Manhattan 0.0%
499th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Borrower company: 1 for $55 million
Top Ten Associated Companies:
Safehold Inc. (1), GAIA Real Estate Holdings (1), MF1 Capital (1), Tower Holdings Group (1), Time Square Development (1), The Collective (1), ACRES Capital (1), Walker & Dunlop (1), Episcopal Diocese of Long Island (1), Square Mile Capital Management (1)
Top Ten Associated People:
Tim Doherty (1), David Kusy (1), Jonathan Pfeil (1), Geoffrey Raicht (1), Jaclyn Jesberger (1), Terri Magnani (1), Jason Hart (1)
Recent activity as company:
• Hope Street Capital borrowed $55 million from Walker & Dunlop for 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, and 959 Sterling Place, Crown Heights, Brooklyn on July 02, 2024.
• Hope Street Capital borrowed $126.2 million from MF1 Capital for 545 Vanderbilt Avenue and 550 Clinton Avenue, Clinton Hill, Brooklyn on November 16, 2022.
• Hope Street Capital sold 53 Hope Street, 67 Hope Street, and N/A Hope Street, Williamsburg, Brooklyn for $80 million to GAIA Real Estate Holdings on September 13, 2022.
• Tower Holdings Group, Time Square Development and The Collective sold 1215 Fulton Street, Bedford-Stuyvesant, Brooklyn for $33.6 million to EJS Group and Hope Street Capital on March 16, 2022.
• EJS Group and Hope Street Capital borrowed $20 million from ACRES Capital for 1215 Fulton Street, Bedford-Stuyvesant, Brooklyn on March 16, 2022.
• Safehold Inc. sold 959 Sterling Place, Crown Heights, Brooklyn for $28 million to Hope Street Capital on February 24, 2022.
• Hope Street Capital borrowed $55 million from Slate Property Group for 959 Sterling Place, Crown Heights, Brooklyn on February 24, 2022.
• Hope Street Capital sold 22-22 Jackson Avenue, Hunters Point/Long Island City, Queens for $85 million to Carlyle Group on November 29, 2021.
• Hope Street Capital borrowed $129.3 million from Square Mile Capital Management for 539 Vanderbilt Avenue, 809 Atlantic Avenue, Clinton Hill, Brooklyn on February 20, 2020.
• Episcopal Diocese of Long Island sold 539 Vanderbilt Avenue, 520 Clinton Avenue, 809 Atlantic Avenue, Clinton Hill, Brooklyn for $8.9 million to Hope Street Capital on December 10, 2019.
Latest Stories:
• Carlyle Group signs $49.5M refi for 175-unit rental, down from $63.5M (December 18, 2024)
• Crosstown Companies signs $7M initial loan with HarborOne Bank in Clinton Hill (November 28, 2022)
• Safehold pays $27.9M to Seventh-day Adventists for dev site in Crown Heights (February 07, 2022)
• Carlyle Group buys 175-unit LIC rental for $85M from Hope Street (November 30, 2021)
• Robert Gershon borrows $34M from Berkshire for property in Williamsburg (January 20, 2021)
Court Records:
Properties: