Ladder Capital
(Ladder Capital Finance)
People:
Ladder Capital NYC portfolio
$32.8 million* – elevator 86%, mixed-use 7%; Manhattan 100%, Bronx 0%
2328th largest portfolio by dollar value
97,209 sqft – elevator 83%, walkup 9%;
1972th largest by SF
4 properties – Manhattan 100%, Bronx 0%
1946th largest
82 residential units – Manhattan 100%, Bronx 0%
1612th largest by residential units
10 foreclosures, 4 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $20.1 million
Lender company: 5 for $93.3 million
Top Ten Associated Companies:
Namdar Realty Group (2), Dalan Management (2), Maddd Equities (2), Ramin Abdolazadeh (1), Klosed Properties (1), Silber Investment Properties (1), Mohammad Billah (1), Peter Volandes (1), Ae Sook Choi (1), Aron Rosenberg (1)
Top Ten Associated People:
Ramin Abdolazadeh (1), Steven Kashanian (1), Igal Namdar (1), Aaron Etessami (1), Mohammad M. Billah (1), Peter Volandes (1), Shai Shamir (1), Domenic Lanni (1), Gregory Fournier (1), Matthew Scheriff (1)
Recent activity as company:
• Peter Volandes borrowed $14 million from Ladder Capital for 314 Scholes Street, East Williamsburg, Brooklyn on March 18, 2025.
• Arel Capital borrowed $12.5 million from JPMorgan Chase for 321 Starr Street, Bushwick, Brooklyn on March 10, 2025.
• Lions Group borrowed $18.4 million from Ladder Capital for 100 Christopher Street, West Village, Manhattan on January 23, 2025.
• Aulder Capital borrowed $8.3 million from RWC Lending for 325 East 101st Street, East Harlem, Manhattan on January 08, 2025.
• ZG Capital Partners borrowed $28.9 million from JPMorgan Chase for 836 Broadway, Greenwich Village, Manhattan on December 11, 2024.
• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116th Street, 2927 3rd Avenue, 1046 Southern Boulevard, 918 Seneca Avenue, and 1619 Sheepshead Bay Road, East Harlem, Manhattan on November 14, 2024.
• Spear Street Capital borrowed $33 million from Ladder Capital for 446 Broadway, Little Italy, Manhattan on September 25, 2024.
• RYCO Capital borrowed $10.4 million from Derby Copeland Capital for 168 Wythe Avenue, Williamsburg, Brooklyn on June 14, 2024.
• L3 Capital borrowed $30 million from Wintrust Bank for 85 North 6th Street, 81 North 6th Street, 89 North 6th Street, and 91 North 6th Street, Williamsburg, Brooklyn on March 28, 2024.
• Firebird Grove borrowed $17 million from Derby Copeland Capital for 9 Patchin Place, 5 Patchin Place, 7 Patchin Place, 6 Patchin Place, 8 Patchin Place, and others, Greenwich Village, Manhattan on February 22, 2024.
Latest Stories:
• Hamilton Lane buys RWN stake valued at $62.9M at 5 Dalan walkups in Manhattan (March 10, 2025)
• $17M bankruptcy filed to halt UCC auction of FiDi, Tribeca properties (January 30, 2025)
• Bobby Zar’s ZG Capital signs $28.9M refi for retail in Greenwich Village (December 12, 2024)
• Astral Weeks pays $27.4M to 6R Capital for building in Tribeca (December 12, 2024)
• Joyland pays $45.3M to L3 Capital for Williamsburg dev site (December 05, 2024)
• Success Academy signs $150M construction loan for school in Concourse (November 26, 2024)
• Empire State Realty Trust pays $35M to L3 Capital for retail in Williamsburg (November 18, 2024)
• 3 Garment District properties with $52M Lightstone loan, placed in bankruptcy (September 27, 2024)
Court Records:
Properties: