Joseph Banda
Ranco Capital
Owner
Ranco Capital NYC portfolio
$291.9 million -elevator 34%, retail 15%, walkup 8%; Brooklyn 97%, Bronx 1%*
689th largest portfolio by dollar value
281,072 sqft – elevator 53%, walkup 19%, office 9%; Brooklyn 91%, Bronx 6%, Queens 1%
1200th largest by SF
22 properties – Brooklyn 86%, Bronx 9%, Queens 4%
435th largest
305 residential units – Brooklyn 88%, Bronx 9%, Queens 1%
795th largest by residential units
1 foreclosure, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $12.5 million
Borrower signatory: 4 for $123.9 million
Developer (new building or major alteration): 9 for 86,645 square feet
Top Ten Associated Companies:
Grasshopper Bank (2), Bank of Princeton (1), Robert Weil (1), Joseph Mattone (1), 1st Constitution Bank (1), Bridgecity Capital (1), Bridge City Funding (1), FourLeaf Federal Credit Union (1), Charles P. Scaturro (1), Ponce Bank (1)
Top Ten Associated People:
Arthur M. Birenbaum (2), Robert Weil (1), Joseph Mattone and James Mannix (1), Allan Lebovits (1), Julian Cokro (1), Charles P. Scaturro (1), Hung Henry Koon, Pauline Lam (1), Eric Goodman (1), Ellen Hoey (1), Terence McArdle (1)
Recent activity as signatory:
• Ranco Capital borrowed $3.8 million from Grasshopper Bank for 1075 Bedford Avenue on January 16, 2026.
• Charles P. Scaturro sold None for $12.5 million to Ranco Capital on January 07, 2026.
• Ranco Capital borrowed $33.9 million from Ponce Bank for None on January 07, 2026.
• Joseph Banda filed plans for new building for 72,065 sqft in Williamsburg, Brooklyn, on August 15, 2025.
• Ranco Capital borrowed $4.2 million from FourLeaf Federal Credit Union for 228 20 Street on July 24, 2025.
• Robert Gilardian borrowed $82 million from Bridgecity Capital for 534 3 Avenue on August 16, 2024.
• Robert Weil sold 83 Ainslie Street for $2.8 million to Joseph Banda on November 30, 2023.
• Joseph Banda borrowed $7 million from Grasshopper Bank for 166 20 Street on October 24, 2022.
• Joseph Banda borrowed $16 million from Goodman Capital for 441 4 Avenue on April 13, 2022.
• Joseph Banda borrowed $45.4 million from Valley National Bank for 441 4 Avenue on April 13, 2022.
Latest Stories:
• Ranco Capital pays $12.5M for 69-unit dev site in Williamsburg (February 03, 2026)
Court Records: