PIMCO
(Pacific Investment Management Company, PIMCO Commercial Real Estate Debt, PIMCO Prime Real Estate, Columbia Property Trust, Allianz Global Investors)
Owner, Lender
Institutional
650 Newport Center Dr Newport Beach, CA 92660
People:
PIMCO NYC portfolio
$3.9 billion -office 73%, condo 13%, industrial 8%; Manhattan 91%, Queens 8%*
51th largest portfolio by dollar value
3,568,129 sqft – office 84%, condo 9%, specialty 3%; Manhattan 100%
122th largest by SF
11 properties – Manhattan 91%, Queens 8%
893th 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: 4 for $421.5 million
Borrower company: 1 for $235 million
Top Ten Associated Companies:
Goldman Sachs (4), Deutsche Bank (4), CitiBank (3), Gindi Capital (2), H.I.G. Capital (1), TPG Real Estate Partners (1), Skylight Real Estate Partners (1), Cannon Hill Capital Partners (1), Meadow Partners (1), Blackstone Group (1)
Top Ten Associated People:
Michael Ellis (4), Jack Braha (2), Jeffrey Kaplan (1), Michael Eglit (1), Gabriel Khezrie (1), Nicholas Bienstock (1), Jessica Wong (1), Steven Wrightson (1)
Recent activity as company:
• Rabsky Group borrowed $600 million from JPMorgan Chase for 631 Fulton Street on April 01, 2026.
• PIMCO sold 29 Elm Place for $55 million to Gindi Capital on March 19, 2026.
• PIMCO sold 486-496 Fulton Street, Downtown Brooklyn, Brooklyn for $15 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.
• Magna Hospitality Group borrowed $165 million from Wells Fargo for 344 West 36 Street on November 26, 2025.
• Mara Cohen borrowed $7 million from JPMorgan Chase for 527 East 13 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.
• Icon Realty Management and D1 Capital Partners borrowed $5.2 million from Bank of America for 39 East 1 Street on July 01, 2025.
• Alexander Lavian borrowed $6.5 million from JPMorgan Chase for 45 Grove Street on June 27, 2025.
Latest Stories:
• 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)
• Prime Group signs $120M refi loan with Affinius for storage in NYC (September 15, 2025)
Court Records:
Properties:
