KPG Funds

433 Broadway, Floor 4 New York, NY 10013

kpgfunds.com

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KPG Funds NYC portfolio

Company Activity past 24 months:

Seller company: 3 for $83.5 million

Top Ten Associated Companies:

Ready Capital (2), Spear Street Capital (2), Thorofare Capital (2), Sabal Investment Holdings (1), GDS Brightstar (1), Arash Noghreh (1), BrightSpire Capital (1), Ladder Capital (1), 360 Capital Management (1), Callodine Thorofare (1)

Top Ten Associated People:

John Grassi (1), Rajiv Patel (1), Stephen Drakeford Ayers (1), Melissa Perez (1), Alexander Seligson (1), David Traitel (1), Edward Prosser (1)

Recent activity as company:

• KPG Funds sold 102 Chambers Street, Tribeca, Manhattan for $3.8 million to Arash Noghreh on February 03, 2026.

• KPG Funds sold 136 West 14 Street for $27.8 million to Thorofare Capital on August 18, 2025.

• KPG Funds sold 448 Broadway for $52 million to Spear Street Capital on September 17, 2024.

• Intercontinental Real Estate and KPG Funds sold 8 Crosby Street for $48.1 million to Spear Street Capital on October 05, 2023.

• KPG Funds borrowed $49.6 million from Sabal Investment Holdings and GDS Brightstar for 478 Broadway on June 15, 2023.

• KPG Funds borrowed $9 million from Ready Capital for 102 Chambers Street, Tribeca, Manhattan on May 09, 2023.

• KPG Funds borrowed $34.5 million from Thorofare Capital for 136 West 14 Street on August 01, 2022.

• KPG Funds borrowed $51 million from Ladder Capital for 448 Broadway on March 07, 2022.

• Vornado Realty Trust sold 155 Spring Street and 155 Spring Street, SoHo, Manhattan for $67.4 million to KPG Funds and LaSalle Investment Management on January 13, 2022.

• KPG Funds borrowed $46.1 million from BrightSpire Capital for 155 Spring Street and 155 Spring Street, SoHo, Manhattan on January 13, 2022.

Latest Stories:

• KPG Funds sells retail condo in Tribeca for $3.8M (February 13, 2026)

• Lender Thorofare acquires ground lease valued at $27.8M from KPG for high-end office in Greenwich Village (October 14, 2025)

• Spear Street pays $52M to KPG for retail in SoHo, just above $51M 2022 loan (September 26, 2024)

• Spear Street signs $21.8M initial loan with Voya for recent purchase in SoHo (April 17, 2024)

• Spear Street Capital pays $48.1M to Intercontinental, KPG for office, retail in SoHo (October 12, 2023)

• KPG Funds signs $49.6M refi loan with Sabal, GDS Brightstar for office rehab in Little Italy (June 27, 2023)

• KPG Funds signs $9M refi with Ready Capital for retail in Tribeca (May 17, 2023)

• KPG Funds signs $34.5M rehab construction loan with Thorofare Capital for commercial in Greenwich Village (September 12, 2022)

• KPG Funds signs $51M refi loan with Ladder Capital for retail, office in Soho (April 07, 2022)

• KPG Funds, LaSalle pay $84.5M to Vornado Realty Trust for two properties in SoHo (February 01, 2022)

Properties: