Vasantha Ranganathan
Senior Lending Advisor
Citibank
(Citi Real Estate Funding, Citi)
388 Greenwich Street Trading Building, 4th Floor New York, NY 10013
Citibank NYC portfolio
$2.2 billion* – office 100%; Manhattan 100%
76th largest portfolio by dollar value
2,354,289 sqft – office 100%;
137th largest by SF
3 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 3 for $424 million
Top Ten Associated Companies:
Durst Organization (2), Silvera Properties (1)
Top Ten Associated People:
Lucas Durst (2), David Silvera (1)
Recent activity as signatory:
• Durst Organization borrowed $190 million from Citibank for 733 3rd Avenue, 205 East 42nd Street, 205 East 42nd Street, 205 East 42nd Street, 205 East 42nd Street, and others, Grand Central, Manhattan on May 08, 2025.
• Durst Organization borrowed $70 million from Citibank for 655 3rd Avenue, Murray Hill, Manhattan on April 21, 2025.
• David Werner Real Estate Investments and Metro Loft Management borrowed $67.5 million from Northwind Group for 675 3rd Avenue, Grand Central, Manhattan on April 01, 2025.
• Durst Organization borrowed $225 million from Citibank for 655 3rd Avenue, 205 East 42nd Street, 205 East 42nd Street, 205 East 42nd Street, 205 East 42nd Street, and others, Murray Hill, Manhattan on April 01, 2025.
• Silvera Properties borrowed $9 million from Citibank for 156 Beekman Street, Financial District, Manhattan on April 10, 2025.
Latest Stories:
• Durst Organization signs $70M refi with Citibank for office in Murray Hill (May 06, 2025)
• David Werner, Metro Loft pay $100M to Durst in Grand Central for resi conversion (April 17, 2025)