Savanna
(Savanna Real Estate Fund, Savanna Fund)
Owner
Private
430 Park Avenue 12th Floor New York, NY 10022
People:
Savanna NYC portfolio
$1.5 billion -office 99%; Manhattan 99%*
143th largest portfolio by dollar value
2,832,950 sqft – office 87%, O4 11%; Manhattan 68%, Queens 20%, Brooklyn 11%
165th largest by SF
10 properties – Manhattan 80%, Brooklyn 10%, Queens 10%
1018th largest
4 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $381.7 million
Seller company: 6 for $584.5 million
Borrower company: 3 for $385 million
Developer (new building or major alteration): 1 for 1,199,647 square feet
Top Ten Associated Companies:
Kaufman Organization (2), Aareal Capital (2), PIMCO (1), Cottonwood Management (1), Alen Mamrout (1), Sentry Realty (1), 60 Guilders (1), Olmstead Properties (1), Vertex Properties (1), Hamlin Ventures (1)
Top Ten Associated People:
Michael Kazmierski (2), Joseph Mamrout (1), Samuel W. Rosenblatt (1), George Maragos (1), Michael Reiter (1), Matthew Coleman (1), Jonathan Bennett (1), Joseph McDonnell (1), Jesse Suchoff (1), Margaret Laffler (1)
Recent activity as company:
• Savanna sold 54 West 25 Street for $54 million to Kaufman Organization on June 18, 2026.
• Savanna sold 26 West 25 Street for $71 million to Kaufman Organization on June 18, 2026.
• Savanna sold 25 West 44 Street for $108 million to Olmstead Properties, Vertex Properties and Hamlin Ventures on June 04, 2026.
• Savanna for Christopher Bonaventura filed plans for major alteration for 1,199,647 sqft in Long Island City, Queens, on February 11, 2026.
• 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.
Latest Stories:
• $108M Olmstead Properties purchase of Savanna’;s Midtown West office recorded (June 23, 2026)
• 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)
Court Records:
Properties:
