Brad Cohen
Senior Managing Director And Chief Credit Officer-Credit Strategies
Affinius Capital
(Square Mile Capital Management, Affinius Capital Management)
Lender
Affinius Capital NYC portfolio
$473.6 million -condo 59%, office 40%; Queens 59%, Manhattan 40%*
460th largest portfolio by dollar value
810,053 sqft – condo 60%, office 39%; Queens 60%, Manhattan 39%
570th largest by SF
2 properties – Queens 75%, Manhattan 25%
3544th largest
467 residential units – Queens 100%
618th largest by residential units
Notes
The company was formerly known as USAA Real Estate
Person Activity past 24 months:
Lender signatory: 5 for $413.8 million
Top Ten Associated Companies:
Quadrum Global (2), Goose Property Management (1), Sculptor Capital Management (1), A&E Real Estate Holdings (1), Morgenstern Capital (1), Gencom (1), Bruman Realty (1), Jay Group (1), Four Winds Real Estate (1), Alan Lerner (1)
Top Ten Associated People:
Jared White (2), Anoop Rustgi (2), Yitzchok Katz (1), Steven Orbuch (1), Darryl Smith (1), Robert Morgenstern (1), Thomas Bezold (1), Joseph Brunner (1), Jacob Kohn (1), David Schneiderman (1)
Recent activity as signatory:
• Gencom borrowed $184 million from Affinius Capital for 111 West 56th Street, Midtown West, Manhattan on September 16, 2024.
• Goose Property Management borrowed $48 million from Affinius Capital for 26-11 2 Street on September 06, 2024.
• Bruman Realty borrowed $28 million from Affinius Capital for 1013 Atlantic Avenue on June 26, 2024.
• Jay Group borrowed $100 million from Affinius Capital for 101 Fleet Place on May 24, 2024.
• Four Winds Real Estate, Alan Lerner, Erica Lerner and Elynn Lerner borrowed $53.8 million from Affinius Capital for 47 East 34 Street on May 21, 2024.
• The lender on August 01, 2023 bought a loan with an original principal of $44 million from Square Mile Capital Management, signed by Brad Cohen, secured by 517 West 29 Street, when owned by Churchill Real Estate Holdings.
• Avery Hall Investments borrowed $79.8 million from Square Mile Capital Management for 222 4 Avenue on May 02, 2023.
• BentallGreenOak and Slate Property Group borrowed $163.4 million from Affinius Capital and Clarion Partners for 780 8 Avenue on March 17, 2023.
• Quadrum Global borrowed $82.5 million from Affinius Capital for 353 West 38 Street on March 16, 2023.
• Quadrum Global borrowed $44.2 million from Affinius Capital for 44-77 23 Street on March 14, 2023.