Sorana Georgescu
Associate General Counsel
Rialto Management Group
(Rialto Management Group, Rialto Capital Advisors, Rialto Capital, Rialto Real Estate Fund)
200 South Biscayne Blvd, Suite 3550, Miami, FL 33131
767 5th Ave #21a New York, NY 10153
Rialto Management Group NYC portfolio
$116.7 million -hotel 34%, office 17%, mixed-use 17%; Manhattan 82%, Bronx 17%*
1370th largest portfolio by dollar value
187,623 sqft – mixed-use 40%, hotel 35%, office 10%; Manhattan 59%, Bronx 40%
1637th largest by SF
8 properties – Manhattan 66%, Bronx 33%
1312th largest
19 residential units – Manhattan 100%
3877th largest by residential units
96 foreclosures, 2 bankruptcies, 104 other court cases.
Person Activity past 24 months:
Lender signatory: 2 for $249.2 million
Top Ten Associated Companies:
Marx Development Group (1), Caspi Development (1), Wilhelm Von Finck Jr. (1), Paramount Group (1)
Top Ten Associated People:
David Marx (1), Joshua Joseph Caspi (1), Thomas Patrick Dore (1)
Recent activity as signatory:
• Wilhelm Von Finck Jr. and Paramount Group borrowed $235 million from Rialto Capital Management for 755 5 Avenue on December 18, 2025.
• Centaur Properties borrowed $43.9 million from Customers Bank for 615 Greenwich Street on November 26, 2025.
• Caspi Development borrowed $14.2 million from Rialto Capital for 79 Walker Street on September 19, 2025.
• Ashkenazy Acquisition borrowed $30 million from Voya Financial for 12 Horizon Plaza on May 22, 2025.
• Elad Group borrowed $33.2 million from Starwood Mortgage Capital for 7 West End Avenue, 627 West 59th Street, and 627 West 59th Street, Lincoln Square, Manhattan on May 08, 2025.
• Ashkenazy Acquisition borrowed $6.3 million from Customers Bank for 89-06 56 Avenue on May 02, 2025.
• PH Realty Capital borrowed $17.3 million from LMF Commercial for 116 East 71 Street on February 09, 2024.
• Marx Development Group borrowed $195 million from Rialto Capital for 436 10 Avenue on April 28, 2022.
• Rialto Capital on February 15, 2022 bought a loan with an original principal of $23.5 million from Wells Fargo, signed by Sorana Georgescu, secured by 841 Broadway, when owned by Elliot Horowitz.
• Rialto Capital Management on April 02, 2021 bought a loan with an original principal of $12.5 million from Wells Fargo WFRBS 2013-C14, signed by Sorana Georgescu, secured by 808 Broadway, East Village, Manhattan, when owned by Marc P. Beige.
Latest Stories:
• Caspi Development signs $14.2M refi with Rialto for office, retail in Tribeca (September 26, 2025)
• Ashkenazy buys out Gindi partners’ 49.9% stake at retail in East Morrisania (October 01, 2024)
• Ashkenazy Acquisition signs $6.2M refi for mixed-use in Elmhurst (October 18, 2023)
• Ashkenazy Acquisition cuts debt on Bronx mall to $11.7M, down from $30M (October 09, 2023)
• Arthur Haruvi signs $62.2M refi with Bethpage for 25 rentals in Manhattan (December 10, 2021)
