Joseph McDonnell

Cirrus Real Estate Partners

Lender

555 Madison Avenue, 6th Floor New York, NY 10022

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Cirrus Real Estate Partners NYC portfolio

$38 million -condo 100%; Manhattan 100%*

2581th largest portfolio by dollar value

22,400 sqft – condo 100%; Manhattan 100%

4769th largest by SF

14 foreclosures, 0 bankruptcies, 0 other court cases.

Top Ten Associated Companies:

CWA Local 1180 (2), Communications Workers of America Local 1180 (2), Hanmi Bank (1), Savanna (1), Bharath Reddy (1)

Top Ten Associated People:

Gloria Middleton (4), Nicholas Bienstock (1), Seetal Mehta (1)

Recent activity as signatory:

Abraham Brach borrowed $33 million from BridgeCity Capital for 415 Marcy Avenue on October 06, 2025.

Abraham Brach borrowed $27 million from Cirrus Real Estate Partners for 415 Marcy Avenue on December 31, 2024.

Cirrus Real Estate Partners on November 17, 2023 bought a loan with an original principal of $105 million from Cottonwood Group, signed by Hon K. Shing, secured by 106 West 56 Street, when owned by Savanna.

Joseph McDonnell and Paul McDonnell sold 168 Dean Street for $4.3 million to Bharath Reddy on June 09, 2023.

CWA Local 1180 sold 6 Harrison Street, Tribeca, Manhattan for $8.5 million to Joseph McDonnell on November 19, 2021.

Joseph McDonnell borrowed $21 million from Hanmi Bank for 6 Harrison Street, 6 Harrison Street, 6 Harrison Street, and 6 Harrison Street, Tribeca, Manhattan on November 19, 2021.

CWA Local 1180 sold 6 Harrison Street, Tribeca, Manhattan for $14 million to Joseph McDonnell on November 19, 2021.

Communications Workers of America Local 1180 sold 6 Harrison Street, Tribeca, Manhattan for $4 million to Joseph McDonnell on November 19, 2021.

Communications Workers of America Local 1180 sold 6 Harrison Street, Tribeca, Manhattan for $8.5 million to Joseph McDonnell on November 19, 2021.

Latest Stories:

• Abraham Brach signs $33M refi loan with BridgeCity for 24-unit rental in Williamsburg (October 23, 2025)

• Abraham Brach signs $27M refi with Cirrus for 24-unit project in Williamsburg, bankruptcy ends (January 16, 2025)

• DW Partners sells $25M debt at highly litigated Williamsburg project (December 27, 2023)

• Cirrus buys $105M note secured by Savanna Midtown West office building (November 30, 2023)

• Bharath Reddy pays $4.3M for 4-family in Boerum Hill (June 26, 2023)

• $20M bankruptcy filed at highly litigated 24-unit condo development in Williamsburg (January 17, 2023)

• Courts roundup: $31.5M S. W’burg condo UCC auction, $2.3M Prospect LG pre-foreclosure, $1.3M Crown Heights pre-foreclosure (December 21, 2022)

• Joseph McDonnell signs $21M acquisition loan with Hanmi Bank for four buildings in Tribeca (January 17, 2022)

• Joseph McDonnell pays $22.5M to union for Tribeca condos, part of $35M sale (December 06, 2021)

• Savanna signs $105M refi loan with Cottonwood Group for office building in Midtown (September 24, 2021)

Properties:

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