Impulsive Group

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Impulsive Group NYC portfolio

$37 million -hotel 99%; Manhattan 99%*

2597th largest portfolio by dollar value

48,745 sqft – hotel 100%; Manhattan 100%

3490th largest by SF

2 properties – Manhattan 100%

3798th largest

Company Activity past 24 months:

Borrower company: 1 for $34.2 million

Top Ten Associated Companies:

Namdar Realty Group (1), Bank of America (1), Bank OZK (1), 2686-2690 Broadway Llc (1), Fortune Society (1)

Top Ten Associated People:

Steven Kashanian (1), Erica Christopher (1), Sherry Goldstein (1)

Recent activity as company:

Impulsive Group borrowed $34.2 million from Bank of America for 134 West 47 Street on May 17, 2024.

Impulsive Group sold 258 West 97 Street for $11 million to Fortune Society on January 31, 2022.

Impulsive Group sold 2657 Broadway for $15.5 million to Namdar Realty Group on November 17, 2021.

Impulsive Group borrowed $8.9 million from Bank OZK for 2657 Broadway on January 31, 2020.

Impulsive Group sold None for $44 million to 2686-2690 Broadway Llc on August 05, 2019.

Latest Stories:

• Impulsive Group signs $34.2M refi for two hotels in Midtown West (June 18, 2024)

• Toll Brothers, Sculptor Capital sign $98.2M construction loan with Bank OZK for 81-unit condo project in UWS (August 24, 2022)

• Namdar, Klosed Properties, Silber sign $18M rehab loan with Metropolitan Commercial for hotel in Upper West Side (April 29, 2022)

• Fortune Society pays $11M to Impulsive Group for hotel in Upper West Side (February 09, 2022)

• Klosed, Namdar pay $15.5M to Impulsive Group for UWS hotel (December 08, 2021)

• Toll Brothers files plans for 73-unit residential tower in the Upper West Side (March 26, 2020)

• Hank Freid and the Impulsive Group sell three UWS parcels for $44M (August 28, 2019)

• Hank Freid obtained financing of $9M from Bank OZK (August 27, 2019)

Properties:

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