Nawoo Lee

IGIS Asset Management

(IGIS USA, IGIS Asset Management_9FE11C)

Lender

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Person Activity past 24 months:

Lender signatory: 2 for $545 million

Top Ten Associated Companies:

Extell Development (1), Daol Asset Management (1)

Top Ten Associated People:

Marc Kwestel (1), Ryan Tucker (1)

Recent activity as signatory:

Daol Asset Management borrowed $205 million from IGIS Asset Management for 29 East 40 Street on April 16, 2025.

Extell Development borrowed $340 million from IGIS Asset Management for 14 West 47 Street on June 28, 2024.

Latest Stories:

• Extell Development signs $417M refi with Chase for dev site in Midtown West (March 27, 2026)

• Daol Asset acquires RFR’s 285 Madison valued at $350M in Grand Central (April 29, 2025)

• $270M pre-foreclosure filed at RFR’s 285 Madison, 9th for owner in 15 months (January 02, 2025)

• Extell files plans for 637K sf retail, office, tower on Fifth Avenue (September 09, 2024)

• Extell signs $340M refi with IGIS for Midtown West supertall dev site (July 12, 2024)

• Korean firm that gave $205M in mezz loans to RFR says borrower’s principals owe $1.5M (May 07, 2024)

• South Korea’s IGIS is new lender for Extell supertall site in Midtown West (August 01, 2023)

• Extell borrows $340M from JPMorgan Chase for ownership consolidation of development in Plaza District (February 10, 2020)

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