Jeffrey Cirillo

(Jeffrey L. Cirillo)

Managing Director

Wells Fargo

(Wells Fargo Bank)

Lender

1700 K St NW 9th Floor Washington, DC 20006

550 S Tryon St 23rd Floor Charlotte, NC 28202

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Wells Fargo NYC portfolio

$24.3 million* – condo 100%; Manhattan 100%

2840th largest portfolio by dollar value

23 foreclosures, 2 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Lender signatory: 11 for $7.2 billion

Top Ten Associated Companies:

KSL Capital Partners (5), Irvine Company (1), Boston Properties (1), Douglaston Development (1), Tishman Speyer (1), Ivanhoe Cambridge (1), Hong Kong Monetary Authority (1), SL Green Realty (1), Durst Organization (1), Stellar Management (1)

Top Ten Associated People:

Ashish Parikh (5), Bryan W. Stevens (1), Stefen A. Scheumann (1), James J. Magaldi (1), Julie Lurie (1), Michael Neuman (1), Marc-Andre Leduc (1), Andrew S. Levine (1), Lucas Durst (1), Adam Roman (1)

Recent activity as signatory:

Stellar Management borrowed $675 million from Deutsche Bank, Bank of America, Wells Fargo and Morgan Stanley for 310 Greenwich Street, Tribeca, Manhattan on June 05, 2025.

Durst Organization borrowed $250 million from Wells Fargo and JPMorgan Chase for 1155 Avenue Of The Amer, Midtown West, Manhattan on May 08, 2025.

Ivanhoe Cambridge and Hong Kong Monetary Authority borrowed $1.1 billion from Wells Fargo, Bank of America and Bank of Montreal for 1095 Avenue Of The Amer, 1095 Avenue Of The Amer, 1095 Avenue Of The Amer, and 1095 Avenue Of The Amer, Garment District, Manhattan on February 06, 2025.

• Irvine Company borrowed $1.5 billion from Wells Fargo for 200 Park Avenue, Grand Central, Manhattan on February 10, 2025.

Tishman Speyer borrowed $2.9 billion from JPMorgan Chase, Bank of America and Goldman Sachs for 435 Tenth Avenue, 66 Hudson Boulevard, and 509 West 34th Street, Hudson Yards, Manhattan on January 09, 2025.

KSL Capital Partners borrowed $37.7 million from Wells Fargo and Citibank for 148-18 134th Street, South Ozone Park, Queens on December 06, 2024.

KSL Capital Partners borrowed $35.7 million from Wells Fargo and Citibank for 85 Smith Street, Boerum Hill, Brooklyn on December 06, 2024.

KSL Capital Partners borrowed $58.6 million from Wells Fargo and Citibank for 39 Avenue Of The Americas, Tribeca, Manhattan on December 06, 2024.

KSL Capital Partners borrowed $88.6 million from Wells Fargo and Citibank for 134 4th Avenue, Greenwich Village, Manhattan on December 06, 2024.

KSL Capital Partners borrowed $84.2 million from Wells Fargo and Citibank for 206 East 52nd Street, Midtown East, Manhattan on December 06, 2024.

Latest Stories:

• Stellar signs $675M refi with consortium for Independence Plaza in Tribeca (June 12, 2025)

• Durst Organization refis 3 Manhattan office buildings with $440M (May 22, 2025)

• Ivanhoe Cambridge signs $1.1B refi for 3 Bryant Park (February 17, 2025)

• Irvine Company signs $1.5B refi with BoA, Wells Fargo for 200 Park in Grand Central (February 14, 2025)

• Tishman signs $2.85B refi for the Spiral office tower in Hudson Yards (January 27, 2025)

• KSL Capital ups debt by $13M on Tribeca hotel to $58.6M (December 23, 2024)

• Douglaston signs $500M refi with Goldman, Wells Fargo for 937-unit rental in Chelsea (July 31, 2024)

• KSL Capital acquires 6 Hersha NYC hotels valued at $317.8M, part of $1.4B stock acquisition (December 28, 2023)

• KSL Capital Partners signs $23M refi for hotel in South Ozone Park (December 19, 2023)

• KSL Capital ups debt to $131.5M with Wells Fargo, Citibank for 3 hotels in Manhattan, Brooklyn (December 12, 2023)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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