Parag Sawhney
Founder & Managing Partner
Penn South Capital
Owner
501 Madison Ave Suite 402 New York, NY 10022
Vishvass
Penn South Capital|Vishvass|VRH Inc. NYC portfolio
$214.4 million -walkup 54%, C6 19%, mixed-use 8%; Manhattan 83%, Brooklyn 16%*
1029th largest portfolio by dollar value
213,612 sqft – walkup 58%, C6 14%, mixed-use 7%; Manhattan 78%, Brooklyn 21%
1586th largest by SF
29 properties – Manhattan 75%, Brooklyn 24%
406th largest
307 residential units – Manhattan 80%, Brooklyn 19%
916th largest by residential units
Notes
Parag Sawhney leads three investment companies, VRH Inc. for himself; Penn South Capital for one group of partners and Vishwaas for another group of partners.
Person Activity past 24 months:
Buyer signatory: 10 for $55.3 million
Seller signatory: 10 for $86.3 million
Borrower signatory: 8 for $81.3 million
Top Ten Associated Companies:
Kushner Companies (5), Emerald Creek Capital (3), Musano family (3), KeyBank (3), Hadar Goldman (2), Vishwaas (2), Dan Irroni (2), JPMorgan Chase (2), Michael Keefe (2), Shelter Growth Capital Partners (2)
Top Ten Associated People:
Matthew Burrows (5), Michael A. Mulia (3), Alvaro Jinete (3), Cynthia M. Milioto (3), Hadar Goldman (2), Dan Irroni (2), Allison Schifini (2), Michael Keefe (2), Morris Harary (2), David Goldwasser (1)
Recent activity as signatory:
• Anna Murray sold 130 West 10th Street, Greenwich Village, Manhattan for $3.2 million to VRH Inc. on July 21, 2026.
• VRH Inc. and WB Property Group sold 135 West 24 Street for $18.1 million to Maruishi Pharmaceutical Co. on June 29, 2026.
• Penn South Capital sold 191 East 7 Street for $4.7 million to Hiyoshi Systems Co. on March 25, 2026.
• Penn South Capital and Gorjian Real Estate Group borrowed $35.5 million from Bridge Investment Group for 262 Elizabeth Street on February 27, 2026.
• Penn South Capital sold 133 Java Street for $4.7 million to Okada Denki Sangyo Co. on February 11, 2026.
• Penn South Capital and Robert Rahmanian borrowed $6.8 million from Goldman Sachs for 110 South 2 Street on December 19, 2025.
• Hadar Goldman sold 407 East 6 Street for $4.5 million to VRH Inc. and Robert Rahmanian on December 15, 2025.
• Hadar Goldman sold 169 West 83 Street for $4.2 million to VRH Inc. and Robert Rahmanian on December 15, 2025.
• VRH Inc. and Robert Rahmanian borrowed $5.5 million from Emerald Creek Capital for 169 West 83 Street on December 15, 2025.
• VRH Inc. and Robert Rahmanian borrowed $3.2 million from Emerald Creek Capital for 169 West 83 Street on December 15, 2025.
Latest Stories:
• Japanese firm pays $18.1M to VRH, WB Property Group for 23-unit rental in Chelsea (July 10, 2026)
• Japanese firm pays $4.7M to Penn South Capital for 3-family in Greenpoint (March 02, 2026)
• Penn South buys 2 Manhattan rentals from Vishvass for $20.5M (October 17, 2025)
• Penn South Capital pays $11M to Kushner, C-III, for two walkups in Boerum Hill (May 21, 2025)
• Son Nguyen pays $8.1M to Penn South Capital for 9-unit walkup in East Village (April 25, 2025)
• Penn South Capital pays $2.8M for 3-family in Greenpoint (February 27, 2025)
• Penn South Capital pays $3.1M for 4-unit in Williamsburg (January 22, 2025)
