Chase Heichel
Director, Real Estate
Varde Partners
(Varde, Värde)
350 N Fifth Street, Suite 800. Minneapolis, MN 55401
Varde Partners NYC portfolio
$221.4 million -hotel 100%; Manhattan 100%*
997th largest portfolio by dollar value
406,261 sqft – hotel 100%; Manhattan 100%
1045th largest by SF
2 properties – Manhattan 100%
3747th largest
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Lender signatory: 3 for $223 million
Top Ten Associated Companies:
Solomon Schwimmer (2), Beitel Group (1)
Top Ten Associated People:
Solomon Schwimmer (2), Ben Beitel (1)
Recent activity as signatory:
• 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.