Joseph Banda
Ranco Capital
Owner
Ranco Capital NYC portfolio
$415 million -walkup 32%, elevator 24%, retail 10%; Brooklyn 72%, Manhattan 26%, Bronx 1%*
516th largest portfolio by dollar value
319,764 sqft – elevator 46%, walkup 26%, office 8%; Brooklyn 83%, Manhattan 9%, Bronx 5%
1124th largest by SF
24 properties – Brooklyn 83%, Bronx 8%, Manhattan 4%
410th largest
436 residential units – Brooklyn 62%, Manhattan 30%, Bronx 6%
636th largest by residential units
1 foreclosure, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $26.5 million
Borrower signatory: 6 for $216.4 million
Developer (new building or major alteration): 14 for 256,907 square feet
Top Ten Associated Companies:
Grasshopper Bank (2), Robert Weil (1), Joseph Mattone (1), 1st Constitution Bank (1), Bridgecity Capital (1), Bridge City Funding (1), Affinius Capital (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), Beth Newman (1), Julian Cokro (1), Charles P. Scaturro (1), Jacky Jiang (1), Hung Henry Koon, Pauline Lam (1), Eric Goodman (1)
Recent activity as signatory:
• Joseph Banda filed plans for new building for 68,892 sqft in Crown Heights, Brooklyn, on March 23, 2026.
• Joseph Banda filed plans for new building for 93,100 sqft in Bedford Stuyvesant, Brooklyn, on March 23, 2026.
• Ranco Capital borrowed $10.5 million from BridgeCity Capital for None on February 26, 2026.
• Jacky Jiang and Robert Thomas sold None for $14 million to Ranco Capital on February 26, 2026.
• Gilar Realty and Ranco Capital borrowed $82 million from Affinius Capital for 534 3 Avenue on February 04, 2026.
• Ranco Capital borrowed $3.8 million from Grasshopper Bank for 1075 Bedford Avenue on January 16, 2026.
• Ranco Capital borrowed $33.9 million from Ponce Bank for None on January 07, 2026.
• Charles P. Scaturro sold None for $12.5 million to Ranco Capital 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.
Latest Stories:
• Ranco Capital pays $14M to for industrial in Bedford Stuyvesant (March 05, 2026)
• Ranco Capital pays $12.5M for 69-unit dev site in Williamsburg (February 03, 2026)
Court Records: