Property Markets Group
People:
Property Markets Group portfolio
$37 million* – condo 55%, A4 34%; Manhattan 91%, Brooklyn 8%
1161th largest portfolio by dollar value
84,249 sqft – condo 49%, industrial 23%;
2143th largest by SF
23 properties – Manhattan 82%, Brooklyn 17%
413th largest
535 residential units – Brooklyn 96%, Manhattan 3%
405th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $100 million
Seller company: 2 for $103.7 million
Borrower company: 1 for $230 million
Top Ten Associated Companies:
Goldman Sachs (2), Maxim Credit Group (2), Tavros Capital (1), Maxim Capital Group (1), Carlyle Group (1), Property Markets Group (1), Apollo Global Management (1), Kahen Properties (1), Dynamic Star (1), Ido Paul Amit (1)
Top Ten Associated People:
Nicholas Silvers (1), Ross Levine (1), Joshua Knoll (1), Jason Hart (1), Jeffrey Horowitz (1), Michael Dalton (1), Majid Kahen (1), Ido Paul Amit (1), Sergio Allegretti (1), Bartolo Allegretti (1)
Recent activity as company:
• Property Markets Group sold 194 Third Avenue, Gramercy, Manhattan for $3.7 million to Kahen Properties on April 08, 2024.
• Carlyle Group and Property Markets Group borrowed $230 million from Apollo Global Management for 267 Bond Street, 498 Sackett Street, 510 Sackett Street, and 495 Sackett Street, Gowanus, Brooklyn on May 31, 2023.
• Property Markets Group sold 267-285 Bond Street and 498-510 Sackett Street, Gowanus, Brooklyn for $100 million to Carlyle Group and Property Markets Group on May 31, 2023.
• Property Markets Group borrowed $42.8 million from Goldman Sachs for N/A Greenwich Street, 621 Greenwich Street, 117 Leroy Street, 115 Leroy Street, and 119 Leroy Street, West Village, Manhattan on November 01, 2022.
• Property Markets Group borrowed $59.5 million from Maxim Capital Group for 267 Bond Street and 498 Sackett Street, Gowanus, Brooklyn on August 02, 2022.
• Property Markets Group sold 621 Greenwich Street, West Village, Manhattan for $17 million to company on April 29, 2022.
• JDS Development Group, Property Markets Group and Spruce Capital Partners sold 111 West 57th Street, Midtown West, Manhattan for $26.7 million to company on March 29, 2022.
• Property Markets Group sold 125 3rd Street, Gowanus, Brooklyn for $21.6 million to Ido Paul Amit on March 11, 2022.
• Property Markets Group sold 318 Nevins Street, Gowanus, Brooklyn for $102 million to Tavros Capital on January 26, 2022.
• Property Markets Group borrowed $8 million from Goldman Sachs for 621 Greenwich Street, 119 Leroy Street, 117 Leroy Street, 115 Leroy Street, N/A Greenwich Street, and others, West Village, Manhattan on November 17, 2021.
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: