Darrell L. Gustafson
(Darrell Gustafson)
Managing Director
Deutsche Bank
(Deutsche Bank Trust Company Americas, German American Capital Corporation, DBR Investments)
Lender
Bank
1 Columbus Cir 15th floor New York, NY 10019
Deutsche Bank NYC portfolio
$254.9 million -condo 99%; Manhattan 99%*
818th largest portfolio by dollar value
270,842 sqft – condo 100%; Manhattan 100%
1275th largest by SF
2 properties – Manhattan 100%
3591th largest
33 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 4 for $312 million
Top Ten Associated Companies:
Steven Sasson (1), Samuel Brach (1), Sentry Realty (1), Schur Management (1)
Top Ten Associated People:
Steven Sasson (1), Samuel Brach (1), Joseph Mamrout (1), William Schur (1)
Recent activity as signatory:
• Schur Management borrowed $12 million from Deutsche Bank for 247 East 187 Street on February 11, 2026.
• KKR & Co. borrowed $500 million from Bank of America for 30 Hudson Yards and 30 Hudson Yards, Hudson Yards, Manhattan on December 09, 2025.
• Fosun International borrowed $900 million from JPMorgan Chase, Goldman Sachs and Deutsche Bank for Chase manhattan plaza on October 24, 2025.
• Sentry Realty borrowed $280 million from Deutsche Bank for 138 John Street on July 29, 2025.
• Steven Sasson borrowed $8 million from Deutsche Bank for 37-80 Junction Boulevard on April 25, 2025.
• Carlyle Group and Stonehenge NYC borrowed $232.3 million from Barings and Ares Commercial Real Estate for 247 West 48 Street on December 10, 2024.
• Samuel Brach borrowed $12 million from Deutsche Bank for 10 Franklin Street on July 03, 2024.
• Tidal Real Estate Partners borrowed $29 million from BrightSpire Capital for 326 Wythe Avenue, 70 Grand Street, 57 South 1st Street, and 72 Grand Street, Williamsburg, Brooklyn on May 03, 2022.
• Extell Development borrowed $850 million from Guggenheim Partners for 9 West 66 Street on March 18, 2022.
• Extell Development borrowed $44 million from Ladder Capital for None on October 14, 2021.
Latest Stories:
• Extell files DOB plans for 1,198 ft, 430-unit supertall in Lincoln Square (April 23, 2026)
• KKR signs $500M refi with Bank of America for office in Hudson Yards (December 15, 2025)
• Extell Development files plans for 58-unit tower in Lincoln Square (November 17, 2025)
• Fosun International signs $900M refi for office in Financial District (October 29, 2025)
• $265M pre-foreclosure filed at Metro Loft’s FiDi rental (April 03, 2025)
• Extell files first two plans with 83 units on $931M Lincoln Square site (December 08, 2024)
• Preservation group seeks to severely limit Extell towers near Central Park West (April 13, 2023)