Nicholas Bienstock
Co-Chairman And Ceo
Savanna
(Savanna Fund, Savanna Real Estate Fund)
430 Park Avenue 12th Floor New York, NY 10022
Savanna NYC portfolio
$1.6 billion -office 99%; Manhattan 99%*
136th largest portfolio by dollar value
3,064,065 sqft – office 88%, O4 10%; Manhattan 70%, Queens 18%, Brooklyn 10%
150th largest by SF
12 properties – Manhattan 83%, Brooklyn 8%, Queens 8%
841th largest
4 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $340 million
Seller signatory: 3 for $267.8 million
Borrower signatory: 1 for $375 million
Top Ten Associated Companies:
Sentry Realty (1), 60 Guilders (1), Columbia Property Trust (1), PIMCO (1), George Maragos (1), Blue Owl Capital (1), King Street Capital Management (1), AmTrust Realty (1), TPG Real Estate Partners (1), Cirrus Real Estate Partners (1)
Top Ten Associated People:
Joseph Mamrout (1), Adam Frazier (1), George Maragos (1), Michael Reiter (1), Jonathan Bennett (1), Matthew Coleman (1), Joseph McDonnell (1), Jaime Kelley (1)
Recent activity as signatory:
• Savanna borrowed $375 million from Blue Owl Capital and King Street Capital Management for 1069 Avenue Of The Americas on December 05, 2025.
• Invesco ground leased 428 West 15 Street valued at $85 million to Savanna on February 12, 2025.
• Savanna sold 1383 Broadway for $200 million to Sentry Realty and 60 Guilders on December 19, 2024.
• Columbia Property Trust and PIMCO sold 799 Broadway for $255 million to Savanna on November 19, 2024.
• Savanna sold 129 East 40 Street for $65.5 million to AmTrust Realty on November 14, 2024.
• Savanna sold 44-65 23rd Street, Long Island City, Queens for $2.3 million to George Maragos on June 14, 2024.
• Savanna sold 105 East 125 Street for $56.2 million to TPG Real Estate Partners on December 15, 2023.
• Cirrus Real Estate Partners on November 17, 2023 bought a loan with an original principal of $105 million from Cottonwood Group, signed by Hon K. Shing, secured by 106 West 56 Street, when owned by Savanna.
• Savanna borrowed $105 million from Cottonwood Management for 106 West 56 Street on September 10, 2021.