Longacre Asset Management
(Longacre Management, Longacre Group, PH Realty Capital)
515 Madison Ave # 29 New York, NY 10022
Longacre Asset Management NYC portfolio
$637.3 million -elevator 70%, walkup 26%, D4 3%; Manhattan 42%, Bronx 41%, Brooklyn 16%*
349th largest portfolio by dollar value
4,476,990 sqft – elevator 85%, walkup 11%, D4 2%; Bronx 60%, Manhattan 19%, Brooklyn 19%
92th largest by SF
98 properties – Bronx 47%, Manhattan 38%, Brooklyn 13%
62th largest
4,529 residential units – Bronx 57%, Manhattan 23%, Brooklyn 19%
49th largest by residential units
20 foreclosures, 0 bankruptcies, 8 other court cases.
Notes
Longacre Asset Management is a joint venture of PH Realty Capital and Rockledge.
Company Activity past 24 months:
Buyer company: 58 for $378.6 million
Borrower company: 6 for $259.2 million
Lender company: 3 for $28.3 million
Top Ten Associated Companies:
BridgeInvest (3), Rialto Capital Management (2), PGIM Real Estate (1), Cross River Bank (1), LMF Commercial (1), Greystone & Co. (1), Prime Finance (1)
Top Ten Associated People:
Alex Horn (3), Scott Schwartz (1), Liat Heller (1), Shanna Vidal-Pope (1), Morgan A. Johnson (1), Jon W. Brayshaw (1)
Recent activity as company:
• Morris Weinberg and Isaac Kassirer sold 1220 Shakespeare Avenue for $4.9 million to Longacre Asset Management on February 20, 2026.
• Morris Weinberg and Isaac Kassirer sold 1210 Woodycrest Avenue for $4.9 million to Longacre Asset Management on February 20, 2026.
• Morris Weinberg and Isaac Kassirer sold 1191 Anderson Avenue for $4.9 million to Longacre Asset Management on February 20, 2026.
• Longacre Asset Management borrowed $12.4 million from Cross River Bank for 1191 Anderson Avenue on February 20, 2026.
• Morris Weinberg and Isaac Kassirer sold 1230 Woodycrest Avenue for $4.9 million to Longacre Asset Management on February 20, 2026.
• Related Companies sold 2225 Loring Place North for $4.9 million to Longacre Asset Management on May 16, 2025.
• Related Companies sold 2575 Sedgwick Avenue for $7.1 million to Longacre Asset Management on May 16, 2025.
• Related Companies sold 100 East Mosholu Parkway South for $6.4 million to Longacre Asset Management on May 16, 2025.
• Related Companies sold 222 Bedford Park Boulevard for $5.8 million to Longacre Asset Management on May 16, 2025.
• Related Companies sold 3000 Briggs Avenue for $5.5 million to Longacre Asset Management on May 16, 2025.
Latest Stories:
• Rialto files $89.5M pre-foreclosure at Hell’s Kitchen multifamily portfolio (December 01, 2025)
• Longacre signs $141M acquisition loan with PGIM for 34-building Bronx portfolio (June 03, 2025)
• Longacre records second batch of $195.5M purchase from Related, these total $62M (May 26, 2025)
Court Records:
Properties: