LoanCore Capital
People:
LoanCore Capital NYC portfolio
$196 million* – office 100%; Manhattan 100%
788th largest portfolio by dollar value
170,511 sqft – office 100%;
1400th largest by SF
1 foreclosure, 13 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $196 million
Lender company: 2 for $262.4 million
Top Ten Associated Companies:
UNG Realty Co. (2), APF Properties (1), Empire Capital Holdings (1), Dune Real Estate Partners (1), Triangle Equities (1), Michael Chetrit (1), Transition Acquisitions (1), Michael Shvo (1), Taconic Partners (1), DLJ Real Estate Capital Partners (1)
Top Ten Associated People:
Miriam Ungar (2), Berndt Perl (1), Arash “Josh” Rahmani (1), Haley Greenberg (1), Joshua Weingarten (1)
Recent activity as company:
• APF Properties borrowed $177.4 million from LoanCore Capital for 183 Madison Avenue, Park Avenue South, Manhattan on January 08, 2025.
• Triangle Equities borrowed $85 million from LoanCore Capital for 130-02 South Conduit Avenue, South Ozone Park, Queens on July 11, 2024.
• Lightstone Group borrowed $177.8 million from Reznik Paz Nevo Trusts for 105 West 28th Street, Chelsea, Manhattan on February 29, 2024.
• Dune Real Estate Partners sold 111 East 59th Street, Lenox Hill, Manhattan for $196 million to LoanCore Capital on September 28, 2023.
• Thomas Fok and Derrick Fok borrowed $5 million from U.S. Bank for 324 Grand Street, Lower East Side, Manhattan on January 20, 2023.
• Deerfield Management borrowed $440 million from AIG for 345 Park Avenue South, Flatiron District, Manhattan on April 22, 2022.
• Capstone Equities borrowed $0 from Yellowstone Real Estate Investments for 541 Lexington Avenue, Midtown East, Manhattan on March 09, 2022.
• Tavros Holdings borrowed $65.3 million from Nonghyup Bank for 351 West 14th Street, Chelsea, Manhattan on June 29, 2021.
• Taconic Partners borrowed $139 million from Jackson National Life Insurance Company for 125 West End Avenue, Lincoln Square, Manhattan on March 12, 2021.
• UNG Realty Co. borrowed $31.5 million from LoanCore Capital for 580 8th Avenue, Garment District, Manhattan on September 11, 2020.
Latest Stories:
• Blackstone pays $150M to JD Carlisle, DLJ for hotel in NoMad (May 07, 2025)
• Yellowstone signs $113M refi with Bank Hapoalim for hotel building in Midtown East (May 06, 2025)
• APF signs $177.4M refi with LoanCore for office in Park Avenue South (January 13, 2025)
• Yellowstone signs $90M loan with Fortress for hotel in Midtown East (December 06, 2024)
• October auction set for 697-unit Maxwell hotel with $218M judgment (September 27, 2024)
• Triangle Equities ups debt to $85M for storage in South Ozone Park (July 26, 2024)
• Lightstone Group signs $177.8M refi for Moxy hotel in Chelsea, up from $124M (March 07, 2024)
Court Records:
Properties: