Midland Loan Services
People:
Midland Loan Services NYC portfolio
$34 million -office 100%; Brooklyn 100%*
2716th largest portfolio by dollar value
229,926 sqft – office 100%; Brooklyn 100%
1422th largest by SF
370 foreclosures, 2 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $42 million
Seller company: 1 for $6.6 million
Top Ten Associated Companies:
Thor Equities (1)
Recent activity as company:
• Series 2013-C7 and Midland Loan Services sold 440 Broadway for $6.6 million to Thor Equities on April 06, 2026.
• 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 $8.6 million from Bank of Montreal for 349 East 10 Street on December 01, 2025.
• Icon Realty Management and D1 Capital Partners borrowed $6.9 million from Bank of America for 402 East 12 Street on July 01, 2025.
• Icon Realty Management borrowed $20 million from Derby Copeland Capital for 448 West 19 Street on June 30, 2025.
• Hawkins Way Capital borrowed $137 million from Series 2018-C6 for 24 Rector Street on June 25, 2025.
• Vornado Realty Trust borrowed $525 million from Wells Fargo, Morgan Stanley, Goldman Sachs and PNC Bank for 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, 1 Park Avenue, and 1 Park Avenue, Park Avenue South, Manhattan on February 09, 2025.
• Thor Equities sold 440 Broadway for $8 million to Series 2013-C7 and Midland Loan Services on August 14, 2024.
• Raizada S. Vaid and Jacob Aini borrowed $88.8 million from Morgan Stanley for 67 West 38 Street on July 05, 2024.
• Urban Edge Properties sold 1621 East 14 Street for $34 million to Series 2018-Cor3 and Midland Loan Services on June 27, 2024.
Latest Stories:
• Thor Equities pays $6.6M for SoHo retail it bought in 2008 for $12M (April 09, 2026)
• Artifact, Khubani sign $38.2M refi with Genesis Capital for properties in Harlem (March 19, 2026)
• JP Real Estate Group pays $25.75M to Icon for adjacent rentals in Chelsea (February 23, 2026)
• Vornado signs $525M refi for office in Park Avenue South (February 16, 2026)
• Hawkins Way acquires bankrupt FiDi hotel valued at $154.5M, assumes $137M loan (July 23, 2025)
• $70M pre-foreclosure filed at FiDi retail owned by Crown, Morgan Stanley fund (May 12, 2025)
• Maheshchand Ratanji pays $9.2M for formerly foreclosed hotel in Gowanus (August 23, 2024)
Court Records:
Properties:
