Mrinal Dansingani
Commercial Real Estate – Special Situations Group
Deutsche Bank
(Deutsche Bank Trust Company Americas)
Lender
1 Columbus Cir 15th floor New York, NY 10019
Deutsche Bank NYC portfolio
$507.1 million* – condo 99%; Manhattan 100%
350th largest portfolio by dollar value
455,488 sqft – condo 61%, office 38%;
678th largest by SF
3 properties – Manhattan 100%
2261th largest
2 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 2 for $255.8 million
Top Ten Associated Companies:
Top Ten Associated People:
Michael Gontar (1), Victor Sigoura (1)
Recent activity as signatory:
• InterVest Capital Partners borrowed $200 million from Deutsche Bank for 720 West End Avenue, Upper West Side, Manhattan on December 18, 2024.
• Legion Investment Group borrowed $55.8 million from Deutsche Bank for 540 West 21st Street, Chelsea, Manhattan on April 15, 2024.
• Macklowe Properties borrowed $664.5 million from Deutsche Bank for 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, 1 Wall Street, and others, Financial District, Manhattan on September 27, 2023.
• Mitchell Holdings borrowed $0 from Capstone Equities for 19 West 31st Street, Penn Station, Manhattan on December 30, 2022.
• FBE Limited borrowed $94.5 million from Signature Bank for 409 Eastern Parkway, 409 Eastern Parkway, 409 Eastern Parkway, and 409 Eastern Parkway, Crown Heights, Brooklyn on December 30, 2021.
• CBSK Ironstate borrowed $70 million from Madison Realty Capital for 1228 Madison Avenue, Carnegie Hill, Manhattan on August 03, 2021.
• Normandy Real Estate Partners borrowed $75 million from Waterfall Asset Management for 47-37 Austell Place, Long Island City, Queens on December 23, 2020.
Latest Stories:
• InterVest signs $200M refi for UWS condo building with nearly $440M sellout (January 06, 2025)
• Legion buys bankrupt Casco Chelsea dev site for $87.4M (April 17, 2024)
• Casco puts $539M Chelsea condo project in bankruptcy to prep for sale (August 03, 2023)
• $50M note sold, debt secured by Casco Development’s 30-unit condo in Chelsea (April 15, 2022)