Issta Group

Issta Group NYC portfolio

$19.7 million -hotel 100%; Queens 100%*

3567th largest portfolio by dollar value

28,350 sqft – hotel 100%; Queens 100%

4394th largest by SF

Recent activity as company:

• Sela Group sold 39-37 27 Street for $19.7 million to Issta Group on February 24, 2022.

Latest Stories:

• Issta Group pays $19.7M to Sela Group for new hotel in Long Island City (March 03, 2022)

• Sela Group signs $99M rehab construction loan with Madison Realty for six properties in NYC (December 20, 2021)

• Madison Realty gives $63.2M loan to Sela Group on parcels it once owned (February 01, 2021)

• Arch Companies records $47.5M loan transfer from Maxim for Sela Group properties (October 09, 2020)

• Arch Companies alleges control of $64M in Sela Group assets in Brooklyn, Queens (September 18, 2020)

• Gal Sela’s Sela Group borrows $43M from Maxim Credit Group for property in Fort Greene (October 07, 2019)

• Gal Sela’s Sela Group borrows $5M from Maxim Credit Group for property in Long Island City (October 07, 2019)

• Sela 27 Street LLC obtained financing of $6M from Maxim Credit Group (August 29, 2019)

Properties:

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