Benjamin Shaoul

Magnum Real Estate Group

Owner

Magnum Real Estate Group NYC portfolio

$401.7 million -condo 66%, elevator 18%, retail 8%; Manhattan 100%*

550th largest portfolio by dollar value

794,268 sqft – condo 88%, elevator 8%, walkup 1%; Manhattan 100%

579th largest by SF

8 properties – Manhattan 100%

1275th largest

147 residential units – Manhattan 100%

1416th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $17.6 million

Seller signatory: 1 for $17.6 million

Borrower signatory: 5 for $104.8 million

Developer (new building or major alteration): 1 for 0 square feet

Top Ten Associated Companies:

Bank of Montreal (3), Arbor Realty Trust (2), AKAM Living Services (2), Ares Management (1), BH3 Management (1), Northern Trust Company (1), JPMorgan Chase (1), Magnum Real Estate Group (1), Israel Discount Bank (1), Northern Trust (1)

Top Ten Associated People:

Andrea Riina (2), Mindy H. Stern (2), Michael Birajiclian (2), Elaine McKay (1), Michael S. Birajiclian (1), Melissa D. Hirsch (1), Benjamin Shaoul (1), Elena Dokianos (1), Avi Lieberman (1), Salvatore Villani (1)

Recent activity as signatory:

• Magnum Real Estate Group borrowed $8.6 million from Bank of Montreal for 349 East 10 Street on December 01, 2025.

• Magnum Real Estate Group borrowed $10.9 million from Bank of Montreal for 166 Elizabeth Street on December 01, 2025.

• Magnum Real Estate Group borrowed $25 million from Arbor Realty Trust for 331 Canal Street on September 30, 2025.

• Magnum Real Estate Group borrowed $35.3 million from BH3 Management for 140 West Street, 140 West Street, 140 West Street, and 140 West Street, None, Manhattan on October 02, 2024.

• Magnum Real Estate Group and CIM Group sold 140 West Street and 140 West Street, None, Manhattan for $17.6 million to Magnum Real Estate Group on October 02, 2024.

• Magnum Real Estate Group borrowed $25 million from Israel Discount Bank for 813 Broadway on June 28, 2024.

• Magnum Real Estate Group borrowed $9.5 million from JPMorgan Chase for 131 Charles Street on October 20, 2023.

• Magnum Real Estate Group sold 163 Ludlow Street for $30 million to Tatar Holding on April 26, 2023.

• Magnum Real Estate Group sold 81 Charles Street for $10.2 million to Northern Trust on December 16, 2021.

• Seth Yablans sold 81 Charles Street for $6 million to Magnum Real Estate Group on December 14, 2021.