Triangle Equities

People:

Triangle Equities NYC portfolio

Company Activity past 24 months:

Seller company: 1 for $57.1 million

Borrower company: 8 for $321.5 million

Top Ten Associated Companies:

Provident Bank (3), Centennial Bank (2), Goldman Sachs (2), JPMorgan Chase (1), LoanCore Capital (1), Simone Development Companies (1), First National Bank of Long Island (1), H.I.G. Capital (1), Safeguard Self Storage (1), CIT Bank (1)

Top Ten Associated People:

Francillia LeBlanc (2), Timothy Richards (2), Paul Keshian (1), David Arza (1), Chad Jones (1), Joseph Simone (1), Richard O’Rourke (1), Stanislav Pertsev (1), James Goonan (1)

Recent activity as company:

• Triangle Equities borrowed $15.3 million from Centennial Bank for 26-05 Ulmer Street, College Point, Queens on March 14, 2025.

• Triangle Equities borrowed $72 million from JPMorgan Chase for 30-02 Whitestone Expwy, College Point, Queens on January 02, 2025.

• Triangle Equities borrowed $15.1 million from Goldman Sachs for 168-35 Rockaway Boulevard, Brookville, Queens on September 09, 2024.

• Triangle Equities borrowed $16.4 million from Goldman Sachs for 30-56 Whitestone Expwy, College Point, Queens on September 09, 2024.

• Triangle Equities borrowed $85 million from LoanCore Capital for 130-02 South Conduit Avenue, South Ozone Park, Queens on July 25, 2024.

• Triangle Equities borrowed $7.6 million from Metropolitan Commercial Bank for N/A Ulmer Street, College Point, Queens on January 03, 2024.

• Triangle Equities borrowed $50 million from Centennial Bank for 30-02 Whitestone Expwy, College Point, Queens on December 28, 2023.

• Triangle Equities sold 130-02 South Conduit Avenue, South Ozone Park, Queens for $57.1 million to Safeguard Self Storage on September 12, 2023.

• Triangle Equities borrowed $60 million from H.I.G. Capital for 130-02 South Conduit Avenue, South Ozone Park, Queens on March 23, 2023.

• Triangle Equities borrowed $9.3 million from First National Bank of Long Island for 755 Co-Op City Boulevard, Eastchester, Bronx on March 15, 2023.

Latest Stories:

• Triangle Equities ups debt to $31.5M at two Queens properties (September 10, 2024)

• Triangle Equities ups debt to $85M for storage in South Ozone Park (July 26, 2024)

• Safeguard Self Storage pays $57.1M to Triangle Equities for in South Ozone Park (September 13, 2023)

• Triangle Equities signs $60M loan with H.I.G. for warehouse in South Ozone Park (March 24, 2023)

• Simone Development pays $32M to Triangle Equities for four buildings in Mott Haven (February 08, 2022)

• Triangle Equities borrows $23.8M from Provident Bank for properties in Queens (February 08, 2021)

• Triangle Equities refis $17.3M with Signature Bank for property in Morrisania (November 06, 2020)

• Triangle Equities borrows $87M from CIT Bank for construction in South Ozone Park (February 03, 2020)

Court Records:

Properties:

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.