Property Markets Group
People:
Property Markets Group NYC portfolio
$429.1 million -industrial 48%, condo 40%, A4 11%; Manhattan 51%, Brooklyn 48%*
507th largest portfolio by dollar value
84,249 sqft – condo 49%, industrial 23%, A4 16%; Manhattan 66%, Brooklyn 33%
2643th largest by SF
11 properties – Manhattan 82%, Brooklyn 17%
913th largest
535 residential units – Brooklyn 96%, Manhattan 3%
579th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Borrower company: 2 for $592 million
Top Ten Associated Companies:
Goldman Sachs (2), Brookfield Properties (2), Maxim Credit Group (2), AIG (1), Tavros Capital (1), Maxim Capital Group (1), Kahen Properties (1), Dynamic Star (1), First Republic Bank (1), Carlyle Group (1)
Top Ten Associated People:
Laura Stepp (2), Michael Medvin (1), Jeffrey S. Tanen (1), Michael Dalton (1), Nicholas Silvers (1), Joshua Knoll (1), Majid Kahen (1), Ross Levine (1), Jason Hart (1), Ido Paul Amit (1)
Recent activity as company:
• Carlyle Group and Property Markets Group borrowed $296 million from Brookfield Properties for 285 Bond Street on February 11, 2026.
• Carlyle Group and Property Markets Group borrowed $296 million from Brookfield Properties for 285 Bond Street on February 11, 2026.
• Property Markets Group sold 194 3 Avenue for $3.7 million to Kahen Properties on March 06, 2024.
• Property Markets Group sold 285 Bond Street for $100 million to Carlyle Group and Property Markets Group on May 19, 2023.
• Carlyle Group and Property Markets Group borrowed $230 million from Apollo Global Management for 285 Bond Street on May 19, 2023.
• Property Markets Group borrowed $59.5 million from Maxim Capital Group for 285 Bond Street on June 28, 2022.
• Property Markets Group sold 621 Greenwich Street, West Village, Manhattan for $17 million to The buyer on April 12, 2022.
• Property Markets Group borrowed $42.8 million from Goldman Sachs for 80 Morton Street on March 25, 2022.
• JDS Development Group, Property Markets Group and Spruce Capital Partners sold 111 West 57th Street, Midtown West, Manhattan for $26.7 million to The buyer on March 15, 2022.
• Property Markets Group sold 132 2 Street for $21.6 million to Ido Paul Amit on February 25, 2022.
Latest Stories:
• Kahen Properties pays $3.7M for mixed-use in Gramercy, down from $7.7M (April 09, 2024)
• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)
• Stolar Capital battles Kahen Properties over disputed $4M sale in Gramercy (September 29, 2023)
• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)
• Partnership dispute over Rotem Rosen’s $27.5M Gowanus parcel purchase offer (February 23, 2023)
Court Records:
Properties: