Mack Real Estate Group
(Mack Real Estate Credit Strategies)
Owner, Lender
Private Equity
60 Columbus Circle, 20th Floor New York, New York, 10023
People:
Mack Real Estate Group NYC portfolio
$1.2 billion -hotel 27%, condo 21%, retail 18%; Manhattan 65%, Brooklyn 31%, Queens 3%*
195th largest portfolio by dollar value
2,135,539 sqft – condo 25%, hotel 19%, walkup 18%; Manhattan 46%, Brooklyn 37%, Queens 15%
229th largest by SF
49 properties – Manhattan 72%, Brooklyn 16%, Queens 11%
181th largest
1,457 residential units – Brooklyn 51%, Manhattan 48%
230th largest by residential units
223 foreclosures, 0 bankruptcies, 374 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $168.6 million
Seller company: 6 for $66.7 million
Borrower company: 3 for $482.5 million
Lender company: 1 for $60 million
Top Ten Associated Companies:
JPMorgan Chase (2), John Gore Organization (2), Wells Fargo (1), Aneri Jewels (1), Noi Solutions (1), Baiju Bhansali (1), Take-Two Interactive Software (1), UBSCM 2018-NYCH (1), Apollo Global Management (1)
Top Ten Associated People:
Daniel Polacek (1), John E. Gore (1), Jeffrey L. Cirillo (1), Nikunj Parekh (1), Saima Chowdhury (1), Baiju Bhansali (1), Paul Dietz (1), Dan Emerson (1), Ursula Flores (1), Jeffrey Horowitz (1)
Recent activity as company:
• Marx Development Group borrowed $105.6 million from Tel Aviv Stock Exchange bondholders for 71-12 Park Avenue on January 07, 2026.
• Chetrit Group sold 543 West 37 Street for $74.6 million to Mack Real Estate Group on December 18, 2025.
• Chetrit Group sold 543 West 37 Street for $94 million to Mack Real Estate Group on December 18, 2025.
• Mack Real Estate Group sold 1619 Broadway, Midtown West, Manhattan for $6 million to Take-Two Interactive Software on December 12, 2025.
• Sapir Organization borrowed $60 million from Mack Real Estate Group for 23 East 38 Street on December 05, 2025.
• Mack Real Estate Group sold 1623 Broadway for $5.9 million to Baiju Bhansali on November 13, 2025.
• Mack Real Estate Group sold 1623 Broadway for $12.2 million to John Gore Organization on October 21, 2025.
• Mack Real Estate Group sold 1623 Broadway for $7 million to Noi Solutions on September 19, 2025.
• Mack Real Estate Group sold 1623 Broadway for $6.8 million to Aneri Jewels on September 04, 2025.
• BentallGreenOak and Slate Property Group borrowed $241 million from Capital One for 423 East 53 Street on July 30, 2025.
Latest Stories:
• Acram Group, BLDG pays $46M to CIM Group for office in Greenwich Village (March 27, 2026)
• Marx Development signs $105.6M refi at TASE for dev site in Flushing (January 30, 2026)
• Sapir Organization signs $60M refi with Mack for office in Grand Central (December 15, 2025)
• Baiju Bhansali pays $5.9M to Mack for office condo in Midtown West (November 26, 2025)
• John Gore Organization pays $12.2M to Mack for signage condo in Midtown West (October 23, 2025)
Court Records:
Properties: