David Traitel
Managing Director
Ladder Capital
(Ladder Capital Finance, Tuebor Captive Insurance Company, Tuebor REIT)
Lender
Private Equity
Ladder Capital NYC portfolio
$47.8 million -elevator 86%, condo 4%, mixed-use 4%; Manhattan 100%*
2243th largest portfolio by dollar value
253,310 sqft – elevator 48%, condo 45%, walkup 3%; Manhattan 100%
1315th largest by SF
7 properties – Manhattan 100%
1479th largest
240 residential units – Manhattan 100%
973th largest by residential units
10 foreclosures, 4 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 6 for $162.8 million
Top Ten Associated Companies:
Sangmin Han (1), Abro Management (1), Aurec Capital (1), Golden Arc (1), 6R Capital Group (1), Lions Group (1), Bawabeh Brothers (1), Extell Development (1), KPG Funds (1), Aulder Capital (1)
Top Ten Associated People:
Sangmin Han (1), Richard Scharf (1), Yonit Tzadok (1), Shai Shamir (1), Ramin Shirian (1), Ezra Mizrachi (1), Marc Kwestel (1), Gregory Kraut (1), John Reid (1), Melissa Perez (1)
Recent activity as signatory:
• 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.
• Lions Group borrowed $18.4 million from Ladder Capital for 104 Christopher Street on January 08, 2025.
• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116 Street on November 01, 2024.
Latest Stories:
• 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)
• Abro signs $58M refi with Ladder for rentals in East Village, Kips Bay (June 12, 2025)
• Sangmin Han pays $27.5M to Marcus Partners, Dalan for office in Park Avenue South (April 17, 2025)
• $17M bankruptcy filed to halt UCC auction of FiDi, Tribeca properties (January 30, 2025)