James Simmons
(James H. Simmons III)
Asland Capital Partners
Owner
Asland Capital Partners NYC portfolio
$49.7 million -elevator 71%, walkup 28%; Bronx 59%, Manhattan 40%*
2243th largest portfolio by dollar value
372,483 sqft – elevator 71%, walkup 28%; Bronx 63%, Manhattan 36%
1026th largest by SF
11 properties – Manhattan 72%, Bronx 27%
968th largest
397 residential units – Bronx 64%, Manhattan 35%
709th largest by residential units
Top Ten Associated Companies:
L+M Development Partners (5), NYC Housing Development Corporation (2), NYS Housing Finance Agency (1)
Top Ten Associated People:
Ron Moelis (4), Ronald Moelis (1), Julie M. Behrens (1), Lauren Connors (1)
Recent activity as signatory:
• L+M Development Partners sold 2560 Adam Clayton Powell Jr Boulevard for $5.9 million to Asland Capital Partners on June 30, 2023.
• L+M Development Partners sold 215 West 148 Street for $10.1 million to Asland Capital Partners on June 02, 2023.
• Asland Capital Partners borrowed $11.3 million from NYC Housing Development Corporation for 1023 Washington Avenue on June 02, 2023.
• Asland Capital Partners borrowed $8.4 million from NYC Housing Development Corporation for 215 West 148 Street on June 02, 2023.
• L+M Development Partners sold 349 Lenox Avenue for $5.2 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 1023 Washington Avenue for $17.7 million to Asland Capital Partners on June 02, 2023.
• L+M Development Partners sold 1090 Franklin Avenue for $6.3 million to Asland Capital Partners on June 02, 2023.
• Asland Capital Partners and Pembroke borrowed $77.3 million from NYS Housing Finance Agency for 1940 Turnbull Avenue on March 31, 2022.