Magnum Real Estate Group
People:
Magnum Real Estate Group NYC portfolio
$384.3 million* – condo 80.0%, retail 8.0%; Manhattan 100.0%, Bronx 0.0%
442th largest portfolio by dollar value
740,384 sqft – condo 95.0%, elevator 3.0%;
437th largest by SF
84 properties – Manhattan 100%, Bronx 0%
109th largest
104 residential units – Manhattan 100.0%, Bronx 0.0%
1396th largest by residential units
1 foreclosure, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $17.6 million
Seller company: 3 for $50.6 million
Borrower company: 3 for $69.8 million
Top Ten Associated Companies:
JPMorgan Chase (2), Seth Yablans (1), Northern Trust (1), AR Global (1), Northern Trust Company (1), Xian Xun Hu (1), Arbor Realty Trust (1), Labini Investments Limited (1), Tatar Holding (1), Starwood Capital Group (1)
Top Ten Associated People:
Andrea Riina (2), Seth Yablans (1), Elad Dror (1), Rina Paniry (1), Melissa D. Hirsch (1), Elena Dokianos (1), Avi Lieberman (1), Michael S. Birajiclian (1), Timothy Merjos (1), Elaine McKay (1)
Recent activity as company:
• 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 08, 2024.
• 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 08, 2024.
• Magnum Real Estate Group sold 241 West 14th Street, Chelsea, Manhattan for $3 million to Starwood Capital Group on July 26, 2024.
• Magnum Real Estate Group borrowed $25 million from Israel Discount Bank for 815 Broadway, Greenwich Village, Manhattan on July 09, 2024.
• Magnum Real Estate Group borrowed $9.5 million from JPMorgan Chase for 131 Charles Street, West Village, Manhattan on October 26, 2023.
• Magnum Real Estate Group sold 163 Ludlow Street, 165 Ludlow Street, and 167 Ludlow Street, Lower East Side, Manhattan for $30 million to Tatar Holding on May 04, 2023.
• Magnum Real Estate Group sold 81 Charles Street, West Village, Manhattan for $4 million to Northern Trust Company on February 03, 2022.
• Magnum Real Estate Group sold 81 Charles Street, West Village, Manhattan for $10.2 million to Northern Trust on January 06, 2022.
• Seth Yablans sold 81 Charles Street, West Village, Manhattan for $6 million to Magnum Real Estate Group on January 05, 2022.
• Magnum Real Estate Group borrowed $23.5 million from Bank of Montreal for 167 Ludlow Street, 165 Ludlow Street, and 163 Ludlow Street, Lower East Side, Manhattan on September 13, 2021.
Latest Stories:
• 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)
• 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)
Court Records:
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