Jeffrey Schwartz
Director
ING Capital
(ING Americas, ING Real Estate Finance, ING Bank)
Lender
Person Activity past 24 months:
Seller signatory: 1 for $8 million
Lender signatory: 2 for $370.6 million
Top Ten Associated Companies:
RXR Realty (2), Brookfield Properties (1), Olayan Group (1), 99c LLC (1), Dbjpm 2017-C6 611 Degraw LLC (1)
Top Ten Associated People:
Sabrina Khabie (1), Anthony S. Fusco (1), Reena Mathew (1), Thomas Ta (1), Matthew Furay (1), David Frank (1)
Recent activity as signatory:
• RXR Realty borrowed $177.5 million from ING Capital for 530 5th Avenue, Midtown West, Manhattan on August 16, 2024.
• 99c LLC borrowed $193.1 million from ING Capital for 180 Maiden Lane, Financial District, Manhattan on July 03, 2024.
• Alec Shtromandel sold 611 Degraw Street, Gowanus, Brooklyn for $8 million to Dbjpm 2017-C6 611 Degraw LLC on November 22, 2023.
• Brookfield Properties borrowed $750 million from ING Capital for 666 5th Avenue, Midtown West, Manhattan on November 21, 2022.
• Olayan Group and RXR Realty borrowed $570 million from ING for 550 Madison Avenue, Midtown East, Manhattan on February 17, 2022.
Latest Stories:
• RXR Realty signs $177.5M refi with ING Capital for office in Midtown West (August 27, 2024)
• Maheshchand Ratanji pays $9.2M for formerly foreclosed hotel in Gowanus (August 23, 2024)
• 99c LLC pays $297M to Banyan Street for FiDi office building, was $470M in 2015 (July 12, 2024)
• Lender acquires Union Hotel in Gowanus through $8M foreclosure transfer (December 15, 2023)
• Brookfield buys out Kushner’s 666 Fifth lease for $8.5M (June 05, 2020)
• Brookfield pays $4M to Vinson & Elkins to buy out lease at 666 Fifth (March 31, 2020)
• Brookfield buys out third office tenant at 666 Fifth, for total of $10.2M (March 12, 2020)