Ohana Real Estate Investors
People:
Ohana Real Estate Investors NYC portfolio
$439.8 million* – condo 80.0%, hotel 19.0%; Brooklyn 80.0%, Manhattan 19.0%
400th largest portfolio by dollar value
342,497 sqft – condo 87%, hotel 12%;
840th largest by SF
8 properties – Brooklyn 87%, Manhattan 12%
1026th largest
64 residential units – Brooklyn 100%, Manhattan 0%
1912th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $110.5 million
Borrower company: 2 for $135.8 million
Top Ten Associated Companies:
Tidal Real Estate Partners (2), BD Hotels (1), Kennedy Wilson (1), Cornell Realty Management bankrupt (1), Madison Realty Capital (1), Deutsche Bank (1), Slate Asset Management (1), Yucaipa Companies (1)
Top Ten Associated People:
Michael Walsdorf (2), Richard Born (1), In Ku Lee (1), David Goldwasser (1), David Speiser (1), Stephen Massey (1), Peter Castro (1), Michael Quinn (1), Robert P. Bermingham (1)
Recent activity as company:
• Ohana Real Estate Investors borrowed $59 million from Slate Asset Management for 60 Duffield Street, 85 Flatbush Avenue Exte, and 85 Flatbush Avenue Exte, Downtown Brooklyn, Brooklyn on January 25, 2024.
• Ohana Real Estate Investors borrowed $76.8 million from Deutsche Bank for 140 Schermerhorn Street, 71 Smith Street, 71 Smith Street, and 140 Schermerhorn Street, Boerum Hill, Brooklyn on December 05, 2023.
• Tidal Real Estate Partners sold 71 Smith Street, 71 Smith Street, and 140 Schermerhorn Street, Boerum Hill, Brooklyn for $13 million to Ohana Real Estate Investors on December 05, 2023.
• Tidal Real Estate Partners sold 140 Schermerhorn Street, Boerum Hill, Brooklyn for $97.5 million to Ohana Real Estate Investors on December 05, 2023.
• Ohana Real Estate Investors borrowed $65.8 million from Kennedy Wilson for 113 Jane Street, West Village, Manhattan on December 27, 2022.
• BD Hotels sold 113 Jane Street, West Village, Manhattan for $62 million to Ohana Real Estate Investors and JK Hotel Group on December 27, 2022.
• Ohana Real Estate Investors borrowed $55 million from Madison Realty Capital for 60 Duffield Street, 85 Flatbush Avenue Exte, and 85 Flatbush Avenue Exte, Downtown Brooklyn, Brooklyn on December 14, 2022.
• Cornell Realty Management bankrupt sold 60 Duffield Street, 85 Flatbush Avenue Exte, and 85 Flatbush Avenue Exte, Downtown Brooklyn, Brooklyn for $94 million to Ohana Real Estate Investors on December 14, 2022.
• Yucaipa Companies borrowed $80 million from Prospect Ridge for 10 West 28th Street and 1164 Broadway, Nomad, Manhattan on August 06, 2021.
• Yucaipa Companies borrowed $105 million from Ohana Real Estate Investors for NoMad Hotel at 10 West 28th Street and 1170 Broadway, Nomad, Manhattan on December 03, 2020.
Latest Stories:
• Ohana pays $110.5M for Hilton hotel in Boerum Hill (December 05, 2023)
• Jeff Klein, Ohana Real Estate pay $62M to BD Hotels for hotel in West Village (December 28, 2022)
• Safehold pays $77.5M to Haddad Brands for fee under Yucaipa’s NoMad hotel (October 28, 2021)
• Yucaipa, Sydell refi $105M at NoMad Hotel from new lenders Ohana, Ellington (December 04, 2020)
Properties: