Magnum Real Estate Group

People:

To see the 1 person from this company you need a Professional level subscription

Subscribe ($125/month)

Magnum Real Estate Group NYC portfolio

$401.7 million -condo 66%, elevator 18%, retail 8%; Manhattan 100%*

550th largest portfolio by dollar value

794,268 sqft – condo 88%, elevator 8%, walkup 1%; Manhattan 100%

579th largest by SF

8 properties – Manhattan 100%

1275th largest

147 residential units – Manhattan 100%

1416th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $37.1 million

Seller company: 2 for $20.6 million

Borrower company: 5 for $104.8 million

Top Ten Associated Companies:

Bank of Montreal (3), JPMorgan Chase (2), Arbor Realty Trust (2), Ares Management (1), AR Global (1), Labini Investments Limited (1), BH3 Management (1), Xian Xun Hu (1), Northern Trust Company (1), Magnum Real Estate Group (1)

Top Ten Associated People:

Andrea Riina (2), Michael Birajiclian (2), Elaine McKay (1), Michael S. Birajiclian (1), Melissa D. Hirsch (1), Benjamin Shaoul (1), Elena Dokianos (1), Avi Lieberman (1), Salvatore Villani (1), Rina Paniry (1)

Recent activity as company:

Magnum Real Estate Group borrowed $8.6 million from Bank of Montreal for 349 East 10 Street on December 01, 2025.

Magnum Real Estate Group borrowed $10.9 million from Bank of Montreal for 166 Elizabeth Street on December 01, 2025.

Magnum Real Estate Group borrowed $25 million from Arbor Realty Trust for 331 Canal Street on September 30, 2025.

Arbor Realty Trust sold 331 Canal Street for $19.5 million to Magnum Real Estate Group on September 30, 2025.

Magnum Real Estate Group and CIM Group sold 140 West Street and 140 West Street, None, Manhattan for $17.6 million to Magnum Real Estate Group on October 02, 2024.

Magnum Real Estate Group borrowed $35.3 million from BH3 Management for 140 West Street, 140 West Street, 140 West Street, and 140 West Street, None, Manhattan on October 02, 2024.

Magnum Real Estate Group sold 241 West 14 Street for $3 million to Starwood Capital Group on July 12, 2024.

Magnum Real Estate Group borrowed $25 million from Israel Discount Bank for 813 Broadway on June 28, 2024.

Magnum Real Estate Group borrowed $9.5 million from JPMorgan Chase for 131 Charles Street on October 20, 2023.

Magnum Real Estate Group sold 163 Ludlow Street for $30 million to Tatar Holding on April 26, 2023.

Latest Stories:

• Ben Shaoul’s Magnum buys stake from Arbor at SoHo mixed-use valued at $19.5M, borrows $25M (October 09, 2025)

• Starwood acquires landmarked Chelsea townhouse following $9.2M foreclosure (July 29, 2024)

• Magnum signs $25M construction loan for 20-unit condo in Greenwich Village (July 10, 2024)

• Courts roundup: Kalimian-Amirian settlements, $15M Clinton Hill note sale, $13.7M Chelsea auction (May 10, 2024)

• Courts roundup: $23M LIC pre-foreclosure; second round $65M Midwood pre-foreclosure, $9.2M East Village forbearance (February 09, 2024)

• German investor Tatar Holding pays $30M to Magnum for 3 LES walkups (May 04, 2023)

• Magnum Real Estate buys out partner at West Village walk-up for $6M (January 06, 2022)

• Magnum Real Estate signs $74.9M condo inventory loan with Ares Commercial in FiDi (May 06, 2021)

• Magnum Real Estate pays $4.3M for 8-unit rental in West Village (March 10, 2021)

• Magnum Real Estate Group borrows $19M from Arbor Realty for multifamily property in Lower East Side (January 23, 2020)

Court Records:

To see the 5 cases for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 8 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply