Shimmie Horn
Triumph Hotels
Owner
1633 Broadway, 46th Fl New York, NY 10019
Triumph Hotels NYC portfolio
$232.6 million -hotel 80%, N2 6%, specialty 6%; Manhattan 88%, Bronx 6%, Brooklyn 4%*
880th largest portfolio by dollar value
712,045 sqft – hotel 78%, N2 9%, N9 7%; Manhattan 88%, Brooklyn 7%, Bronx 3%
642th largest by SF
9 properties – Manhattan 66%, Bronx 22%, Brooklyn 11%
1136th largest
Person Activity past 24 months:
Borrower signatory: 3 for $45.6 million
Developer (new building or major alteration): 14 for 0 square feet
Top Ten Associated Companies:
Popular Bank (7), Santander Bank (1), Investors Bank (1), Apple Bank for Savings (1), First Republic Bank (1)
Top Ten Associated People:
David Rabban (3), Joseph Farrauto (1), Cynthia Wang (1), Joseph A. Farrauto (1), Alan J. Perlowitz (1)
Recent activity as signatory:
• Triumph Hotels borrowed $13.5 million from Popular Bank for 781 East 142 Street on March 17, 2026.
• Triumph Hotels borrowed $21 million from Popular Bank for 322 West 51 Street on October 01, 2024.
• Triumph Hotels borrowed $11.1 million from Popular Bank for 781 East 142 Street on September 27, 2024.
• Triumph Hotels borrowed $31.1 million from Popular Bank for 53 West 44 Street on October 31, 2022.
• Triumph Hotels borrowed $23.5 million from Popular Bank for 7 East 27 Street on September 22, 2022.
• Shimmie Horn borrowed $10.6 million from Apple Bank for Savings for 8 East 28 Street on June 23, 2022.
• Triumph Hotels borrowed $11.5 million from First Republic Bank for 122-02 Mowbray Drive on March 01, 2022.
• Triumph Hotels borrowed $13 million from Popular Bank for 65 Prince Street on December 18, 2020.
• Triumph Hotels borrowed $5 million from Investors Bank for 22-39 94 Street on October 15, 2020.
• Triumph Hotels borrowed $7.5 million from Santander Bank for 68-09 Burns Street on March 10, 2020.
Latest Stories:
• Shimmie Horn’s Triumph signs $21M refi for closed hotel in Hell’s Kitchen (October 10, 2024)
• Triumph Hotels borrows $13M from Popular Bank for property in Fort Greene (December 30, 2020)
• Shimmie Horn’s Triumph Hotels obtained financing of $9M from POPULAR BANK (July 19, 2019)
• Triumph Hotels obtained financing of $20M from INVESTORS BANK (July 12, 2019)