David Traitel
Managing Director
Ladder Capital
(Ladder Capital Finance, Tuebor REIT, Tuebor Captive Insurance Company)
Lender
Private Equity
Ladder Capital NYC portfolio
$47.8 million -elevator 86%, condo 4%, mixed-use 4%; Manhattan 100%*
2331th largest portfolio by dollar value
253,310 sqft – elevator 48%, condo 45%, walkup 3%; Manhattan 100%
1365th largest by SF
7 properties – Manhattan 100%
1551th largest
240 residential units – Manhattan 100%
1020th largest by residential units
178 foreclosures, 4 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 8 for $430.9 million
Top Ten Associated Companies:
Sovereign Partners (2), HudsonPoint Capital (2), Emerald Equity Group (1), Mohammad Billah (1), Peter Volandes (1), Marcus Partners (1), Dalan Management (1), Sangmin Han (1), Abro Management (1), Aurec Capital (1)
Top Ten Associated People:
Mark McKew (1), Mohammad M. Billah (1), Peter Volandes (1), David R. Hooke (1), Sangmin Han (1), Richard Scharf (1), Yonit Tzadok (1), Shai Shamir (1), Ezra Mizrachi (1), Ramin Shirian (1)
Recent activity as signatory:
• Sovereign Partners and HudsonPoint Capital borrowed $220 million from Ladder Capital for 575 5th Avenue, Midtown East, Manhattan on April 16, 2026.
• Sovereign Partners and HudsonPoint Capital borrowed $48 million from Ladder Capital for 575 5th Avenue, 575 5th Avenue, and 575 5th Avenue, Midtown East, Manhattan on April 16, 2026.
• Lions Group borrowed $18.7 million from Greystone & Co. for 104 Christopher Street on February 23, 2026.
• Extell Development borrowed $44 million from Deutsche Bank for 17 West 60th Street and 17 West 60th Street, Lincoln Square, Manhattan on November 03, 2025.
• Aurec Capital and Golden Arc borrowed $35 million from Ladder Capital for 1929 Avenue T on August 22, 2025.
• New Aim Realty borrowed $8.1 million from Derby Copeland Capital for 124 Fulton Street on August 07, 2025.
• Abro Management borrowed $58 million from Ladder Capital for 237 East 6 Street on May 29, 2025.
• Bawabeh Brothers borrowed $15 million from Symetra Life Insurance Company for 162 East 116 Street on May 22, 2025.
• Sangmin Han borrowed $24 million from Ladder Capital for 10 East 33 Street on March 28, 2025.
• Peter Volandes borrowed $14 million from Ladder Capital for 165 Bogart Street on March 06, 2025.
Latest Stories:
• Joey Arakanchi pays $15.7M for office in Garment District through bankruptcy (April 28, 2026)
• Artifact, Khubani sign $38.2M refi with Genesis Capital for properties in Harlem (March 19, 2026)
• Lions Group signs $18.7M refi with Greystone for 37-unit walkup in West Village (March 03, 2026)
• Senvest Capital affiliate pays $17.5M to Arel Capital for Bushwick retail (September 25, 2025)
• New Aim Realty pays $10.2M for bankrupt 7-unit FiDi rental (August 18, 2025)
• Bawabeh Brothers signs $15M refi with Symetra for five properties in NYC (June 13, 2025)