Matthew Michalovsky

Portfolio Manager

PIMCO

(Pacific Investment Management Company, PIMCO Commercial Real Estate Debt, PIMCO Prime Real Estate, Columbia Property Trust, Allianz Global Investors)

650 Newport Center Dr Newport Beach, CA 92660

LinkedIn

PIMCO NYC portfolio

$3.9 billion -office 73%, condo 13%, industrial 8%; Manhattan 91%, Queens 8%*

50th largest portfolio by dollar value

3,568,129 sqft – office 84%, condo 9%, specialty 3%; Manhattan 100%

119th largest by SF

11 properties – Manhattan 91%, Queens 8%

902th largest

105 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Lender signatory: 1 for $23 million

Top Ten Associated Companies:

Watermark Capital Group (1), Centaur Properties (1)

Top Ten Associated People:

Meir David Tabak (1), Harlan Berger (1)

Recent activity as signatory:

Watermark Capital Group borrowed $23 million from PIMCO for 101 South 6 Street on April 17, 2026.

Rabsky Group borrowed $600 million from JPMorgan Chase for 631 Fulton Street on April 01, 2026.

TARGO Capital Partners borrowed $13.3 million from Citizens Bank for 236 Elizabeth Street on January 26, 2026.

Magna Hospitality Group borrowed $165 million from Wells Fargo for 344 West 36 Street on November 26, 2025.

Mara Cohen borrowed $7 million from JPMorgan Chase for 527 East 13 Street on November 26, 2025.

Friedberg Property Management borrowed $6.9 million from CBRE Capital Markets for 92-01 Lamont Avenue on October 23, 2025.

David Kuperberg borrowed $5.9 million from JPMorgan Chase for 511 East 5 Street on August 29, 2025.

Chestnut Holdings borrowed $10.3 million from JPMorgan Chase for 1515 Grand Concourse on January 19, 2022.

Tamrak Management borrowed $10 million from Arbor Realty Trust for 679 Magenta Street on December 10, 2021.

Northway Equities borrowed $6 million from Arbor Realty Trust for 936 Rev James A Polite Avenue on December 09, 2021.

Latest Stories:

• Rabsky Group signs $765M refi for 1,102-unit complex in Fort Greene, as previously reported (April 20, 2026)

• TARGO Capital signs $13.3M acquisition loan with Citizens Bank for two properties in Nolita (February 25, 2026)

• TARGO Capital pays $22.25M to Ervolino Group for 2 rentals in Nolita (February 04, 2026)

• $7M refi signed with JPMorgan Chase for 46-unit rental in East Village (December 14, 2025)

• Magna Hospitality Group signs $165M refi loan with Wells Fargo for hotel in Garment District (December 04, 2025)

• Rabsky Group signs $555M refi with Madison for 1,102 units in Fort Greene (May 02, 2025)

• Borough Developers, Lineage Healthcare, Moshe Richard pay $13.8M in Williamsburg (February 19, 2024)

• Shimon Kleinman plans 29-unit mixed-use conversion in Williamsburg (December 21, 2023)

• Madison Realty Capital sells portion of $400M loan to Apollo at large development in Fort Greene (April 05, 2023)

• Magna signs $145M refi loan with PIMCO for hotel in Garment District, debt cut from $185M (January 19, 2022)

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