Waterfall Asset Management

Lender

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Company Activity past 24 months:

Lender company: 1 for $19.5 million

Recent activity as company:

Acram Group borrowed $19.5 million from Waterfall Asset Management for 156 Bleecker Street, Greenwich Village, Manhattan on February 24, 2026.

• Arnold & Porter Kaye Scholer registered borrowed $68.3 million from Oceanview Life and Annuity Company for 529 8 Avenue on September 30, 2025.

CIM Group borrowed $41.3 million from Truist Bank for 188 Berry Street on June 30, 2025.

Normandy Real Estate Partners borrowed $34.6 million from Waterfall Asset Management for 47-51 Austell Place on July 20, 2023.

Dermot Company borrowed $116.5 million from Helaba for 218 AIR RGTS East 72 Street on June 30, 2022.

Waterfall Asset Management on December 20, 2021 bought a loan with an original principal of $145 million from HSBC Bank, signed by James G. Richards, secured by 1768 3 Avenue, when owned by CenterSquare Investment Management, RCG Longview and 60 Guilders.

Waterfall Asset Management on October 21, 2021 bought a loan with an original principal of $1.2 million from Quontic Bank, signed by Ben Ramharak, secured by 1698 Boston Road, when owned by Haralambos Vellios.

Waterfall Asset Management on October 21, 2021 bought a loan with an original principal of $930,000 from Quontic Bank, signed by Ben Ramharak, secured by 41 Coffey Street, when owned by Florin Krasniqi.

• LSCH LLC borrowed $64.9 million from Waterfall Asset Management for 529 8 Avenue on June 16, 2021.

Waterfall Asset Management on December 23, 2020 bought a loan with an original principal of $75 million from Deutsche Bank, signed by Mrinal Dansingani|James Huddleston, secured by 47-51 Austell Place, when owned by Normandy Real Estate Partners.

Latest Stories:

• Acram Group pays $21.2M in REO to LNR Partners-serviced seller for retail in Greenwich Village (March 13, 2026)

• Garment District hotel sells for $68.7M in opaque transaction, buyer borrows $68.35M (October 07, 2025)

• CIM Group acquires LENY Group’;s 40-unit mixed-use Williamsburg property through bankruptcy (July 17, 2025)

• Breaking Ground signs $120.8M construction loan for conversion to affordable in Carnegie Hill (January 03, 2025)

• LENY Group seeks quick sale of Williamsburg rental through $80M bankruptcy, Eastdil to broker (July 22, 2024)

• Breaking Ground pays $172.1M to CenterSquare, Principal for dorm in Carnegie Hill, was $212.5M in 2019 (July 02, 2024)

• Israel’;s LENY Group places Williamsburg rental with $69M in debt in bankruptcy (April 05, 2024)

• Waterfall Asset Management buys $145M note secured by dorm in Carnegie Hill (August 16, 2022)

• Dermot signs $116.5M loan with Helaba for 147-unit rental in Lenox Hill (July 25, 2022)

• McSam Hotel sells stake in Hudson Yards hotel valued at $47.4M (June 28, 2021)

Court Records:

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