Mitchel A. Baffa
Senior Vice President
Flagstar Bank
Recent activity as signatory:
• SYU Properties borrowed $0 from Lone Star Funds for 247 West 30th Street, Penn Plaza, Manhattan on February 26, 2025.
• RXR Realty borrowed $0 from Lone Star Funds for 37-02 Northern Boulevard, Long Island City, Queens on February 26, 2025.
• Joseph Shamie and Sam Shamie borrowed $0 from Lone Star Funds for 114 West 26th Street, Chelsea, Manhattan on February 26, 2025.
• Stellar Management borrowed $80 million from Lone Star Funds for 218 5th Avenue, NoMad, Manhattan on February 26, 2025.
• Olnick Organization borrowed $0 from Lone Star Funds for 130 5th Avenue, Flatiron District, Manhattan on February 26, 2025.
• Handler Real Estate Organization borrowed $0 from Lone Star Funds for 263 West 38th Street, Garment District, Manhattan on February 26, 2025.
• Serge Hoyda borrowed $0 from Lone Star Funds for 190 Allen Street, 196 Allen Street, and 184 Allen Street, Lower East Side, Manhattan on February 26, 2025.
• Alma Realty borrowed $0 from Cantor Fitzgerald and Series 2024-AHP1 for 1911-1915 Southern Boulevard, Tremont, Bronx on December 30, 2024.
• Pinnacle Group borrowed $0 from Cantor Fitzgerald and Series 2024-AHP1 for 81/83 Seaman Avenue, Inwood, Manhattan on December 30, 2024.
• Hueekyung Kwon borrowed $6.1 million from New Millennium Bank for 225 East 86th Street, Yorkville, Manhattan on December 13, 2022.
Latest Stories:
• Lone Star Funds buys $22.7M note secured by SYU Properties’s Penn Plaza office (April 01, 2025)
• Lone Star buys $220M in debt secured by Olnick, RXR, Handler, Shamie properties (March 28, 2025)
• Stellar Management signs $80M refi with Lone Star Funds for office in NoMad (March 28, 2025)
• Lone Star Funds buys $8.5M note secured by late Serge Hoyda’s LES retail (March 26, 2025)
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)
• Hueekyung Kwon pays $8.7M for retail in Yorkville (December 23, 2022)
• Olnick Organization signs $77M refi for office building in Flatiron District (August 02, 2022)
• Gould Investors borrows $25M from AIG for retail portion of property in Flatiron (June 11, 2020)