Varde Partners

(Varde, Värde)

Lender

350 N Fifth Street, Suite 800. Minneapolis, MN 55401

varde.com

People:

To see the 3 people from this company you need a Professional level subscription

Subscribe ($125/month)

Varde Partners NYC portfolio

$275.3 million -hotel 100%; Manhattan 100%*

862th largest portfolio by dollar value

464,839 sqft – hotel 100%; Manhattan 100%

956th largest by SF

3 properties – Manhattan 100%

2864th largest

200 residential units – Manhattan 100%

1244th largest by residential units

0 foreclosures, 0 bankruptcies, 384 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $51.5 million

Borrower company: 2 for $207 million

Lender company: 6 for $541.3 million

• Solomon Schwimmer borrowed $25.9 million from Varde Partners for 527 Grand Avenue on June 15, 2026.

• Solomon Schwimmer borrowed $22.1 million from Varde Partners for 650 Madison Street on June 15, 2026.

• Beitel Group borrowed $175 million from Varde Partners for 120 East 144 Street on May 20, 2026.

• Hawkins Way Capital and Varde Partners borrowed $166.5 million from Goldman Sachs and Wells Fargo for 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, and others, Midtown East, Manhattan on November 14, 2025.

• Acumen Capital Partners borrowed $117 million from Varde Partners for 598 Flushing Avenue on October 09, 2025.

• Joy Construction borrowed $96.5 million from Varde Partners for 411 West 35 Street on July 08, 2025.

• William Rothner and Nahman Lichtenstein borrowed $66 million from Starwood Mortgage Capital for 873 4 Avenue on November 19, 2024.

• Concord Hotels borrowed $49.5 million from New York Life Insurance Company for 100 Greenwich Street on November 12, 2024.