Pinnacle Group

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Pinnacle Group NYC portfolio

$1.6 billion* – elevator 68%, walkup 21%, condo 6%; Brooklyn 31%, Manhattan 27%, Queens 27%

109th largest portfolio by dollar value

7,943,662 sqft – elevator 72%, walkup 22%, condo 4%;

28th largest by SF

153 properties – Brooklyn 45%, Queens 40%, Manhattan 10%

25th largest

8,743 residential units – Brooklyn 35%, Manhattan 23%, Bronx 20%

13th largest by residential units

96 foreclosures, 0 bankruptcies, 19 other court cases.

Company Activity past 24 months:

Seller company: 1 for $15.1 million

Borrower company: 4 for $65 million

Top Ten Associated Companies:

New York Community Bank (52), William Pears Group (13), Axos Bank (5), Capital One (5), Investors Bank (5), Cantor Fitzgerald (3), Series 2024-AHP1 (3), Tel Aviv Stock Exchange bondholders (2), Signature Bank (1), CenterSquare Investment Management (1)

Top Ten Associated People:

John Feijoo (15), Stuart Berg (13), Lisa A. Moghul (2), Marion Bahner (1), Nicholas Arsenis (1), Dean C. Ravosa (1), Grace Chiang (1), Bekim Subasic (1), Zhidong Wu (1), Alan L. Kaufman (1)

Recent activity as company:

• Pinnacle Group borrowed $0 from Cantor Fitzgerald and Series 2024-AHP1 for 81/83 Seaman Avenue, Inwood, Manhattan on December 30, 2024.

• Pinnacle Group borrowed $0 from Cantor Fitzgerald and Series 2024-AHP1 for 147-03 Northern Boulevard, Flushing, Queens on December 30, 2024.

• Pinnacle Group borrowed $0 from Cantor Fitzgerald and Series 2024-AHP1 for 25 Cumming Street, Inwood, Manhattan on December 30, 2024.

• Pinnacle Group sold 109 Gold Street, Vinegar Hill, Brooklyn for $15.1 million to Mann Group on November 12, 2024.

• Pinnacle Group borrowed $65 million from Starwood Mortgage Capital for 323 West 96th Street, Upper West Side, Manhattan on November 06, 2023.

• Pinnacle Group sold 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, and others, Washington Heights, Manhattan for $4.8 million to William Pears Group on March 31, 2023.

• Pinnacle Group sold 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, and others, Washington Heights, Manhattan for $3.1 million to William Pears Group on March 31, 2023.

• Pinnacle Group sold 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, and others, Washington Heights, Manhattan for $4.6 million to William Pears Group on March 31, 2023.

• Pinnacle Group sold 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, and others, Washington Heights, Manhattan for $2.9 million to William Pears Group on March 31, 2023.

• Pinnacle Group sold 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, and others, Washington Heights, Manhattan for $8.4 million to William Pears Group on March 31, 2023.