Triarch Real Estate Group

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Triarch Real Estate Group NYC portfolio

$62.1 million -walkup 55%, elevator 44%; Manhattan 62%, Queens 37%*

1991th largest portfolio by dollar value

134,806 sqft – walkup 77%, elevator 22%; Manhattan 58%, Queens 41%

1982th largest by SF

9 properties – Manhattan 55%, Queens 44%

1192th largest

218 residential units – Manhattan 63%, Queens 36%

1085th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Borrower company: 2 for $30.4 million

Top Ten Associated Companies:

Marilyn Simons (2), Flagstar Bank (1), Citibank (1), Benefit Street Partners (1)

Top Ten Associated People:

John Feijoo (1), Tracey Spiritus (1), Micah Goodman (1)

Recent activity as company:

Triarch Real Estate Group borrowed $21 million from Citibank for 2785 Broadway on December 06, 2024.

TriArch Real Estate Group borrowed $9.4 million from Flagstar Bank for 552 West 184 Street on October 01, 2023.

Constantine Dean Kartsonis sold 31-15 32 Street for $6.3 million to TriArch Real Estate Group on June 07, 2022.

MD Squared Property Group sold 43-22 25 Avenue for $7.3 million to TriArch Real Estate Group on March 17, 2022.

TriArch Real Estate Group borrowed $19 million from Benefit Street Partners for 2785 Broadway on March 07, 2022.

Steve Tenechos sold 31-40 30 Street for $4.2 million to TriArch Real Estate Group on December 13, 2021.

Steve Tenedios sold 41-07 28 Avenue for $5.7 million to TriArch Real Estate Group on December 13, 2021.

TriArch Real Estate Group sold 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, and others, West Village, Manhattan for $23.5 million to Marilyn Simons on January 31, 2020.

TriArch Real Estate Group sold 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, 13 East 11th Street, and others, West Village, Manhattan for $79.4 million to Marilyn Simons on January 31, 2020.

Latest Stories:

• TriArch signs $19M refi with Benefit Street for 83-unit UWS rental (April 14, 2022)

• TriArch Real Estate affiliate pays $7.3M for residential walkup in Astoria (April 05, 2022)

• TriArch Real Estate pays $5.7M to Steve Tenedios for 20-unit walkup in Astoria (January 21, 2022)

• Simons Foundation affiliate borrows $64M and pays off acquisition loan provided by Simons affiliate (July 09, 2020)

• Marilyn Simons, wife of billionaire, pays $103M to Pebb Capital, TriArch Real Estate, for dorm property in West Village (February 07, 2020)

• Marilyn Simons borrows $43M from anonymous lender for acquisition of dorm in West Village (February 07, 2020)

• TriArch Management paid $23M to Adama Holdings LLC (August 23, 2019)

• TriArch Management obtained financing of $16M from Dime Community Bank (August 23, 2019)

Court Records:

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Properties:

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