MRR Development

450 Park Avenue, 22nd Floor, New York, NY 10022

600 Madison Ave 20th Fl New York, NY 10065

People:

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

Subscribe ($125/month)

MRR Development NYC portfolio

$286.2 million -development 41%, condo 34%, mixed-use 16%; Manhattan 100%*

821th largest portfolio by dollar value

205,261 sqft – condo 81%, retail 7%, office 5%; Manhattan 100%

1620th largest by SF

13 properties – Manhattan 100%

856th largest

156 residential units – Manhattan 100%

1428th largest by residential units

Notes

MRR Development, a Manhattan-based real estate firm that was co-founded by Rotem Rosen and the Indian billionaire Anand Mahindra.

Company Activity past 24 months:

Borrower company: 2 for $273.7 million

Top Ten Associated Companies:

Israel Discount Bank (1), Bank OZK (1), Bank Hapoalim (1), Tel Aviv Stock Exchange bondholders (1)

Top Ten Associated People:

Cliffton Hill (1), Manuel A. Fernandez (1)

Recent activity as company:

• MRR Development borrowed $73.7 million from Tel Aviv Stock Exchange bondholders for 180 Orchard Street, Lower East Side, Manhattan on June 10, 2026.

• MRR Development borrowed $200 million from Bank Hapoalim for 129 East 56 Street on June 02, 2026.

• MRR Development borrowed $170 million from Bank OZK for None on December 02, 2022.

• Marin Management sold 52 East 76 Street for $6.8 million to MRR Development on October 07, 2021.

• MRR Development borrowed $10 million from Israel Discount Bank for 129 East 56 Street on August 10, 2021.

Properties:

To see the 13 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply