Savanna
(Savanna Fund, Savanna Real Estate Fund)
Owner
Private
430 Park Avenue 12th Floor New York, NY 10022
People:
Savanna NYC portfolio
$1.6 billion -office 99%; Manhattan 99%*
133th largest portfolio by dollar value
3,064,065 sqft – office 88%, O4 10%; Manhattan 70%, Queens 18%, Brooklyn 10%
150th largest by SF
12 properties – Manhattan 83%, Brooklyn 8%, Queens 8%
834th largest
4 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $381.7 million
Seller company: 4 for $353.8 million
Borrower company: 3 for $385 million
Top Ten Associated Companies:
Aareal Capital (2), Sentry Realty (1), 60 Guilders (1), Alen Mamrout (1), Capstone Equities (1), BH3 Management (1), George Maragos (1), Blue Owl Capital (1), King Street Capital Management (1), Blackstone Group (1)
Top Ten Associated People:
Joseph Mamrout (1), George Maragos (1), Michael Reiter (1), Jonathan Bennett (1), Matthew Coleman (1), Joseph McDonnell (1), Jesse Suchoff (1), Margaret Laffler (1)
Recent activity as company:
• Madison Capital and Savanna borrowed $10 million from Blackstone Group for 47-58 31 Place on February 04, 2026.
• Savanna borrowed $375 million from Blue Owl Capital and King Street Capital Management for 1069 Avenue Of The Americas on December 05, 2025.
• Westbrook Partners ground leased 29 East 49 Street valued at $41.7 million to Summit Properties and Savanna on September 19, 2025.
• Savanna sold 264 Flatbush Avenue Extension for $86 million to Capstone Equities and BH3 Management on July 22, 2025.
• Invesco ground leased 428 West 15 Street valued at $85 million to Savanna on February 12, 2025.
• Savanna sold 1383 Broadway for $200 million to Sentry Realty and 60 Guilders on December 19, 2024.
• Columbia Property Trust and PIMCO sold 799 Broadway for $255 million to Savanna on November 19, 2024.
• Savanna sold 129 East 40 Street for $65.5 million to AmTrust Realty on November 14, 2024.
• Alen Mamrout on August 15, 2024 bought a loan with an original principal of $200 million from Aareal Capital and Brookfield Asset Management, signed by Anthony J. Tuffy|Jennifer Hochberg, secured by 1383 Broadway, when owned by Savanna.
• Savanna sold 44-65 23rd Street, Long Island City, Queens for $2.3 million to George Maragos on June 14, 2024.
Latest Stories:
• Capstone Equities files plans for 233-unit conversion in DoBro (December 05, 2025)
• Summit, Savanna pay $41.7M to Westbrook for office, retail in Midtown East (October 07, 2025)
• Capstone acquires DoBro office building from Savanna in transfer valued at $86M (August 07, 2025)
• Alen Mamrout, 60 Guilders, acquire 1375 Broadway in $200M deal (January 01, 2025)
• Sentry Realty refis debt on 1375 Broadway, after buying $200M note in August (December 27, 2024)
Court Records:
Properties:
