Rockrose Development
Lender
15 East 26th St 7th floor New York, NY 10010
People:
Rockrose Development NYC portfolio
$4.7 billion -elevator 59%, office 10%, development 10%; Manhattan 42%, Queens 35%, Brooklyn 21%*
44th largest portfolio by dollar value
7,530,505 sqft – elevator 61%, D4 11%, condo 9%; Queens 39%, Manhattan 37%, Brooklyn 22%
48th largest by SF
37 properties – Brooklyn 60%, Queens 23%, Manhattan 15%
286th largest
7,525 residential units – Queens 43%, Manhattan 33%, Brooklyn 22%
33th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $165 million
Borrower company: 9 for $1.1 billion
Lender company: 1 for $91 million
Developer (new building or major alteration): 1 for 298,322 square feet
Top Ten Associated Companies:
Wells Fargo (8), Adams & Company (4), Equitable Financial Life Insurance Company (3), M&T Bank (1), Axa Equitable Life Insurance Company (1), Landesbank Hessen-Thuringen Girozentrale (1), Deutsche Pfandbriefbank (1), JLL (1), PNC Bank (1), MetLife (1)
Top Ten Associated People:
David Levy (4), Christian Adrian (3), Raymond M. Owono (1), Tara Suaya (1), Michael Hofheinz (1), Frank S. Linneen (1), Daniel S. Wieman (1), Edward H. Traum (1)
Recent activity as company:
• Rockrose Development borrowed $91 million from Rockrose Development for 182 Remsen Street on July 09, 2026.
• Rockrose Development borrowed $404.5 million from PNC Bank for 112 Barrow Street on May 28, 2026.
• Rockrose Development borrowed $69.6 million from JLL for 122 Jane Street on May 20, 2026.
• Rockrose Development for Peter Donohoe filed plans for major alteration for 298,322 sqft in Cobble Hill, Brooklyn, on April 10, 2026.
• SUNY Downstate Health Sciences University sold 113 Amity Street for $100 million to Rockrose Development on February 13, 2026.
• Rockrose Development borrowed $91 million from Wells Fargo for 182 Remsen Street on December 09, 2025.
• Rockrose Development borrowed $16 million from RGA Reinsurance Company for 43-33 21 Street on May 21, 2025.
• Rockrose Development borrowed $60 million from Equitable Financial Life Insurance Company for 517 West Street on April 23, 2025.
• Rockrose Development borrowed $51.2 million from Equitable Financial Life Insurance Company for None on April 09, 2025.
• Rockrose Development borrowed $249.4 million from Wells Fargo for 43-01 24 Street on November 01, 2024.
Latest Stories:
• Rockrose ups debt from $110M to $404.5M at 479-unit rental in West Village (June 08, 2026)
• Rockrose signs $69.6M refi with JLL for 148-unit rental in West Village (June 01, 2026)
• Rockrose pays $100M to SUNY hospital for dev site in Cobble Hill (February 19, 2026)
• Rockrose signs $60M refi with Equitable for two rentals in West Village (May 07, 2025)
• Rockrose signs $51.2M modification with Equitable for office in Flatiron District (April 17, 2025)
• Rockrose signs $249.4M refi with Wells Fargo for 709-unit LIC rental (November 18, 2024)
• Rockrose pays $65M to Madison Realty for dev site in Cobble Hill (September 03, 2024)
Court Records:
Properties: