Nicholas Bienstock
Co-Chairman And Ceo
Savanna
(Savanna Real Estate Fund, Savanna Fund)
430 Park Avenue 12th Floor New York, NY 10022
Savanna NYC portfolio
$1.5 billion -office 99%; Manhattan 99%*
143th largest portfolio by dollar value
2,832,950 sqft – office 87%, O4 11%; Manhattan 68%, Queens 20%, Brooklyn 11%
163th largest by SF
10 properties – Manhattan 80%, Brooklyn 10%, Queens 10%
1019th largest
4 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $340 million
Seller signatory: 5 for $498.5 million
Borrower signatory: 1 for $375 million
Top Ten Associated Companies:
Kaufman Organization (2), Cottonwood Management (1), Invesco (1), Sentry Realty (1), 60 Guilders (1), Olmstead Properties (1), Vertex Properties (1), Hamlin Ventures (1), Columbia Property Trust (1), PIMCO (1)
Top Ten Associated People:
Michael Kazmierski (2), Jaime Kelley (1), Joseph Mamrout (1), Samuel W. Rosenblatt (1), Adam Frazier (1), Michael Reiter (1), George Maragos (1), Jonathan Bennett (1), Matthew Coleman (1), Joseph McDonnell (1)
Recent activity as signatory:
• Savanna sold 26 West 25 Street for $71 million to Kaufman Organization on June 18, 2026.
• Savanna sold 54 West 25 Street for $54 million to Kaufman Organization on June 18, 2026.
• Savanna sold 25 West 44 Street for $108 million to Olmstead Properties, Vertex Properties and Hamlin Ventures on June 04, 2026.
• 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.