PIMCO
(Allianz Global Investors, PIMCO Commercial Real Estate Debt, Columbia Property Trust, Pacific Investment Management Company, PIMCO Prime Real Estate, Allianz SE)
Owner, Lender
Institutional
650 Newport Center Dr Newport Beach, CA 92660
People:
PIMCO NYC portfolio
$3.8 billion -office 72%, condo 13%, industrial 8%; Manhattan 91%, Queens 8%*
64th largest portfolio by dollar value
3,439,182 sqft – office 83%, condo 10%, specialty 3%; Manhattan 100%
137th largest by SF
10 properties – Manhattan 90%, Queens 9%
1072th largest
105 foreclosures, 0 bankruptcies, 3 other court cases.
Notes
In 2000, PIMCO was acquired by Allianz SE, a large global financial services company based in Germany. PIMCO operates as a separate and autonomous subsidiary of Allianz. (On December 8, 2021, Columbia was acquired by funds managed by Pacific Investment Management Company LLC)
Company Activity past 24 months:
Seller company: 3 for $325 million
Borrower company: 1 for $235 million
Lender company: 1 for $23 million
Top Ten Associated Companies:
Goldman Sachs (4), Deutsche Bank (4), CitiBank (3), Gindi Capital (2), JPMorgan Chase (1), Savanna (1), Sotheby’s (1), PIMCO (1), H.I.G. Capital (1), TPG Real Estate Partners (1)
Top Ten Associated People:
Michael Ellis (4), Jack Braha (2), Jessica Wong (1), Nicholas Bienstock (1), Steven Wrightson (1), Jeffrey Kaplan (1), Michael Eglit (1), Gabriel Khezrie (1)
Recent activity as company:
• Global Asset Properties borrowed $17.2 million from Morgan Stanley for 325 5th Avenue, Park Avenue South, Manhattan on June 30, 2026.
• David Tabak borrowed $23 million from PIMCO for 101 South 6 Street on April 17, 2026.
• Rabsky Group borrowed $600 million from JPMorgan Chase for 631 Fulton Street on April 01, 2026.
• PIMCO sold 486-496 Fulton Street, Downtown Brooklyn, Brooklyn for $15 million to Gindi Capital on March 19, 2026.
• PIMCO sold 29 Elm Place for $55 million to Gindi Capital on March 19, 2026.
• TARGO Capital Partners borrowed $13.3 million from Citizens Bank for 236 Elizabeth Street on January 26, 2026.
• Mara Cohen borrowed $7 million from JPMorgan Chase for 527 East 13 Street on November 26, 2025.
• Magna Hospitality Group borrowed $165 million from Wells Fargo for 344 West 36 Street on November 26, 2025.
• Friedberg Property Management borrowed $6.9 million from CBRE Capital Markets for 92-01 Lamont Avenue on October 23, 2025.
• David Kuperberg borrowed $5.9 million from JPMorgan Chase for 511 East 5 Street on August 29, 2025.
Latest Stories:
• Global Asset Properties pays $17M to HUBB NYC for retail in Midtown South (July 09, 2026)
• Gindi Capital pays $70M to PIMCO for office, retail in Downtown Brooklyn (April 08, 2026)
• Terreno pays $92M to Wildflower Ltd. for industrial in College Point (February 20, 2026)
• TARGO Capital pays $22.25M to Ervolino Group for 2 rentals in Nolita (February 04, 2026)
• $7M refi signed with JPMorgan Chase for 46-unit rental in East Village (December 14, 2025)
• Capstone Equities files plans for 233-unit conversion in DoBro (December 05, 2025)
Court Records:
Properties: