Kenneth Cayre

(Ken Cayre)

Owner

Princical

Cayre Equities

Owner

Family Office

134 W 29th St 4th fl New York, NY 10001

Cayre Equities NYC portfolio

$244.4 million* – industrial 58%, development 17%, specialty 11%; Manhattan 41%, Queens 30%, Brooklyn 27%

659th largest portfolio by dollar value

637,682 sqft – industrial 84%, specialty 7%, office 5%;

508th largest by SF

11 properties – Brooklyn 45%, Manhattan 36%, Queens 18%

771th largest

Person Activity past 24 months:

Buyer signatory: 1 for $16.1 million

Seller signatory: 1 for $50 million

Borrower signatory: 5 for $105.8 million

Top Ten Associated Companies:

Bank Hapoalim (4), Santander Bank (2), Customers Bank (2), Metropolitan Commercial Bank (2), TD Bank (1), Bremen House (1), Gonca Tekiner Chelsea (1), Voya Financial (1), Carlyle Group (1)

Top Ten Associated People:

Gerard DePoalo (2), Judy Barnes (2), Robert Fine (1), Jay Shah (1), Ross Dahmen (1), Nicholas Perpignan (1), Gonca Chelsea (1), Jason Tessler (1), Jason Hart (1), Douglas Rutley (1)

Recent activity as signatory:

Cayre Equities sold 1-19 Remsen Avenue, East Flatbush, Brooklyn for $50 million to Carlyle Group on April 08, 2025.

Cayre Equities borrowed $22.3 million from Voya Financial for 119 West 145th Street, Harlem, Manhattan on April 07, 2025.

Cayre Equities borrowed $8.5 million from Metropolitan Commercial Bank for 254-258 West 35th Street, Garment District, Manhattan on November 29, 2024.

• Bremen House and Gonca Tekiner Chelsea sold 254-258 West 35th Street, Garment District, Manhattan for $16.1 million to Cayre Equities on November 29, 2024.

Cayre Equities borrowed $25.3 million from Bank Hapoalim for 25 Remsen Avenue, East Flatbush, Brooklyn on September 25, 2023.

Cayre Equities borrowed $24.2 million from Bank Hapoalim for 1260 Atlantic Avenue, Crown Heights, Brooklyn on September 19, 2023.

Cayre Equities borrowed $25.5 million from TD Bank for 122 West 146th Street, Harlem, Manhattan on April 25, 2023.

Cayre Equities borrowed $10.5 million from Customers Bank for 271 Atkins Avenue, East New York, Brooklyn on August 16, 2022.

Cayre Equities borrowed $10 million from Customers Bank for 921 Hegeman Avenue, East New York, Brooklyn on May 18, 2022.

Cayre Equities borrowed $32 million from Bank Hapoalim for N/A 79th Place and N/A Cooper Avenue, Glendale, Queens on February 03, 2022.

Latest Stories:

• Carlyle Group pays $50M to Cayre Equities for storage in East Flatbush (April 09, 2025)

• Cayre Equities signs $22.3M refi with Voya for storage in Harlem (April 08, 2025)

• Cayre Equities pays $16.1M for loft building in Garment District (December 02, 2024)

• Cayre Equities signs $25.3M refi for storage in East Flatbush (September 26, 2023)

• Cayre Equities signs $24.2M refi for storage in Crown Heights (September 20, 2023)

• Cayre Equities signs $25.5M refi loan with TD Bank for industrial in Harlem (April 26, 2023)

• Cayre Equities pays $7.8M to long-time owner for commercial building in East New York (May 04, 2022)

• Brookfield Properties pays $48.2M to Cayre Equities for industrial building in Eastchester (February 15, 2022)

• Cayre Equities signs $32M refi loan with Bank Hapoalim for storage building in Glendale (February 04, 2022)

• Cayre Equities gets $13.7M rehab construction loan for Central Harlem project (February 02, 2021)

*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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