Aareal Capital Corporation
Named as the sponsor's construction lender in 2 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
Aareal Capital Corporation's 2 buildings in these plans are all in Manhattan, 50% conversion, 1 units at the middle. Check size: $155.5M typical (the median of 2 loans whose size the plan states or ACRIS records), from $66M to $245M.
- Buildings
- 2
- Residential units
- 1
- Typical check
- $155.5M
- Year
- 2013
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Recent Growth
Aareal Capital Corporation's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 2 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 1231-1237 Third Avenue Condominium, accepted Dec 19, 2013.
Strongest Relationships
The firms named most often on the same buildings as Aareal Capital Corporation, at least 2 in common.
Sponsor's counsel
- Holland & Knight LLP2 shared buildings · 100% of Aareal Capital Corporation's · 2013
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 1231-1237 Third Avenue Condominium1231-1237 Third Avenue · Manhattan · conversionSponsor: Thor 1231 Third Avenue, LLC · Recorded in ACRIS ↗ | 2013 | 1 | $66M* |
| 693 Fifth Avenue Condominium693 Fifth Avenue · Manhattan · rehabSponsor: Thor 693 LLC · Recorded in ACRIS ↗ | 2013 | 0 | $245M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.