Lone Star Funds
(Lone Star Global Acquisitions)
Lender
Private Equity
6688 North Central Expressway Suite 1600 Dallas, TX 75206
Company Activity past 24 months:
Lender company: 10 for $80 million
Recent activity as company:
• SYU Properties borrowed $14 million from ConnectOne Bank for 249 West 30 Street on March 12, 2026.
• Stellar Management borrowed $22.5 million from Metropolitan Commercial Bank for 220 5 Avenue on October 27, 2025.
• A&E Real Estate Holdings borrowed $17.2 million from Customers Bank for 132-25 Maple Avenue on July 31, 2025.
• A&E Real Estate Holdings borrowed $11.2 million from Customers Bank for 41-40 Denman Street on July 31, 2025.
• A&E Real Estate Holdings borrowed $12 million from Customers Bank for 132-48 41 Road on July 31, 2025.
• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $8.5 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 190 Allen Street, 196 Allen Street, and 184 Allen Street, Lower East Side, Manhattan, when owned by Serge Hoyda.
• Stellar Management borrowed $80 million from Lone Star Funds for 220 5 Avenue on February 26, 2025.
• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $25 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 120 West 26 Street, when owned by Joseph Shamie and Sam Shamie.
• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $66 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 37-18 Northern Boulevard, when owned by RXR Realty.
• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $77 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 132 5 Avenue, when owned by Olnick Organization.
Latest Stories:
• Jack Guttman’s Pearl Realty pays $42.8M to RXR for LIC office (September 25, 2025)
• A&E cuts debt on 3 Queens rentals from $162M to $40.4M (August 19, 2025)
• Courts roundup: Fortress seeks $70M; Columbia Pacific $44.5M; Lone Star $8.5M (April 28, 2025)
• Lone Star Funds buys $22.7M note secured by SYU Properties’s Penn Plaza office (April 01, 2025)
• Lone Star buys $220M in debt secured by Olnick, RXR, Handler, Shamie properties (March 28, 2025)
• Stellar Management signs $80M refi with Lone Star Funds for office in NoMad (March 28, 2025)
• Lone Star Funds buys $8.5M note secured by late Serge Hoyda’s LES retail (March 26, 2025)
• Lone Star Funds buys 3 notes totaling $162M secured by A&E rentals in Queens (January 14, 2025)
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)
Court Records:
