Craig Wood

Cape Advisors

Cape Advisors portfolio

$53.8 million* – elevator 56%, office 39%; Queens 56%, Manhattan 43%

910th largest portfolio by dollar value

430,905 sqft – elevator 87%, office 12%;

695th largest by SF

5 properties – Queens 60%, Manhattan 40%

1503th largest

562 residential units – Queens 99%, Manhattan 0%

392th largest by residential units

Top Ten Associated Companies:

AIG (1), Blackstone Group (1), UBS Realty Investors (1)

Top Ten Associated People:

Kevin Pivnick (1)

Recent activity as company:

Cape Advisors borrowed $212 million from AIG and Blackstone Group for 11-28 31st Avenue, 11-12 31st Avenue, and 11-37 31st Avenue, Astoria, Queens on December 28, 2022.

Cape Advisors sold , 19 St Mark’S Place, 19 St Mark’S Place, East Village, Manhattan for $35 million to UBS Realty Investors on April 27, 2020.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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