Bravo Property Trust Announces Appointment of Deborah Ginsberg as Chief Operating Officer and General Counsel

Summary

NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) — Bravo Property Trust, an affiliate of Bravo Capital and a leading privately held bridge and construction financing platform, is pleased to announce the addition of Deborah Ginsberg as the Chief Operating Officer and General Counsel of the firm. In this role, Deborah will be a member of Bravo Capital’s executive committee and oversee the day-to-day operations of the firm, reporting to Aaron Krawitz, Bravo Capital’s Chief Executive Officer.

Prior to joining Bravo Property Trust, Deborah Ginsberg was a partner in TPG Real Estate and the general counsel of TPG RE Finance Trust (TRTX), and a member of the TPG Real Estate Credit investment committee. Ms. Ginsberg was instrumental in growing the real estate credit business within TPG, including the initial public offering of TRTX, and subsequent evolution of the platform. Deborah joined TPG from Blackstone Real Estate Debt Strategies, where she was involved in originating, structuring, executing, and asset managing real estate debt investments across all asset types and geographies. Prior to joining Blackstone, Deborah was a director at Capital Trust, which was acquired by Blackstone in December 2012. Deborah graduated from Cornell University and received her juris doctor from the Benjamin N. Cardozo School of Law, cum laude. Deborah serves on the Board of Governors of the Commercial Real Estate Finance Council and is also actively involved in WX – Women Real Estate Executives in New York.

“I am extremely pleased to welcome an executive of Deborah’s caliber as Chief Operating Officer and General Counsel of Bravo Capital and Bravo Property Trust,” said Aaron Krawitz, CEO. “Deborah brings a wealth of experience and a track record of success, making her an invaluable addition to our team as we continue to grow. She is universally respected across our industry, with deep relationships and a global perspective that aligns with our vision. Deborah is not only a proven leader but also shares our commitment to fostering a collaborative and rewarding workplace. I am thrilled to have her join us and look forward to the exciting journey ahead with her as part of our leadership team.”

“We are delighted to welcome Deborah Ginsberg to Bravo Property Trust as our Chief Operating Officer and General Counsel,” said Gabi Moshayev, Founder and Chairman of Bravo Property Trust. “Her extensive experience and impressive achievements in real estate and finance will undoubtedly strengthen our capabilities and contribute to the continued growth of the company. With over $1.4 billion in assets under management, Bravo Property Trust is poised for new heights of success under her leadership.”

About Bravo Property Trust:

Bravo Property Trust is a leading privately held real estate lender with a focus on multifamily and healthcare financings across the nation. With a national footprint and headquarters in New York, Bravo Property Trust offers a wide range of financing solutions, including HUD, mezzanine, bridge, and construction financing.

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March 20, 2025

Bravo Property Trust Closes $36.75 Million Senior Construction Loan for Multifamily Project on Amsterdam Ave in Upper Manhattan

NEW YORK, Mar. 17, 2025 – Bravo Property Trust, an affiliate of Bravo Capital, today announced the closing of a $36,750,000 construction loan for a 78-unit mixed-use multifamily development on Amsterdam Avenue in Upper Manhattan. The neighborhood is known for its residential charm and attracts a prime tenant base, including families, young professionals, and students.

“This project aligns with our strategy of financing well-located, high-quality developments that add long-term value to the housing market,” said Aaron Krawitz, CEO of Bravo Property Trust. Echoing this confidence, Gabi Moshayev, Chairman of Bravo Property Trust, added, “We have strong confidence in the continued growth of Upper Manhattan and remain committed to structuring financing solutions that drive long-term value creation.”

The development will benefit from New York City’s 421a tax abatement program, securing a 35-year tax exemption in exchange for reserving 30% of units as affordable housing. In addition to residential space, the project will feature ground-floor retail, which has already been pre-leased.

Galaxy Capital’s Henry Bodek and Jonathan Ostroff arranged the transaction. “Galaxy Capital is proud to have arranged this $36.75 million construction loan from Bravo Property Trust, supporting Artifact Real Estate in bringing a premier luxury multifamily development to Hamilton Heights”, Jonathan Ostroff, Executive Director at Galaxy Capital, said in a statement. “This transaction reflects our commitment to securing strategic financing for transformative projects in New York City’s dynamic real estate market.

Future residents will enjoy premium amenities, including a fitness facility, tenant lounge, coworking space, and a landscaped rooftop deck. The residences will feature luxury finishes such as custom two-tone woodwork, Scandinavian lighting, polished chrome fixtures, and LED accent lighting, enhancing the modern living experience. Conveniently located near the 155th St. and 157th St. subway stations, multiple bus lines, and Citi Bike stations, the property offers excellent transit access.

About Bravo Property Trust: Bravo Property Trust is a leading bridge and construction financing platform, which, along with its affiliates, has closed over $1.6 billion in financing. For more information about Bravo Property Trust and its services, please visit https://bravopropertytrust.com/ or contact (212-729-4962).

March 14, 2025

$125MM Construction Loan in DUMBO Financed by Bravo Property Trust and Integritas Capital

Bravo Property Trust, in partnership with Integritas Capital, closed a $125M million senior construction loan in Dumbo for an office-to-residential conversion. Bravo Property Trust, a construction and bridge lending affiliate of Bravo Capital, originated and led the senior loan alongside Man Group.

“We are proud to finance best-in-class locations like Dumbo, and sponsors who have a decades long track record of consistent success,” Aaron Krawitz, CEO of Bravo Capital and Bravo Property Trust, said in a statement.

The property is an existing 8-story gut renovated office building that will be converted into multifamily rentals under the new 467m tax abatement program, with a new 11-story vertical condo development on top. The multifamily and condo portions will each have their own class-A amenity space including tenant lounges, outdoor space, and a fitness center. All units overlook the Brooklyn Bridge. Located on the border of Dumbo and Downtown Brooklyn, the subject is proximate to the F, A, and C subway lines offering direct access to Manhattan.

“Our platform is designed to deliver smart, strategic financing that drives transformative projects like this one. The Dumbo conversion is a prime example of revitalizing a top-tier location while creating high-quality housing in a market with strong demand,” Gabi Moshayev, Founder & Chairman of Bravo Property Trust, said.

New York City’s new 467m tax abatement program will provide the multifamily portion of the property with a tax abatement for 35 years in exchange for reserving 25% of units for low-income tenants. The abatement provides a 65% exemption for the first 30 years and drops 10% per year starting in year 31.

“At Integritas, we are among the few nationally to have converted office and other commercial buildings to residential in multiple cities under our equity strategy. This expertise supported our ability to close this large and complex loan quickly ” Stephen Palmese, Co-Founder and Managing Principal of Integritas Capital, said.

The completed project will be a landmark 19-story residential tower.

About Bravo Property Trust: Bravo Property Trust is a leading bridge and construction financing platform, which, along with its affiliates, has closed over $1.5 billion in financing. For more information about Bravo Property Trust and Bravo Capital and its services, please visit https://bravocapital.com/ and https://bravopropertytrust.com/ or contact (212-729-4962).

About Integritas Capital: IC is a vertically integrated private equity firm with a broad range of investments with a focus on commercial real estate private equity and private credit. Since 2004, Integritas Capital has been the direct developer or lead investor in $2.5 billion in real estate projects across ground up development, direct investment and preferred equity investment, the acquiring of non-performing loans and the origination of whole loans and mezzanine financing.

March 10, 2025

Bravo Property Trust Closes $65M Construction Loan for Jersey City Mixed-Use Development

Bravo Property Trust, an affiliate of New York-based commercial real estate private capital provider Bravo Capital, this week announced that they have closed a $65 million senior construction loan for a mixed-use development in Jersey City’s West Side submarket. Jacob Savitt originated the loan on behalf of Bravo Property Trust.

“This financing underscores Bravo’s strategy of working with experienced sponsors who have a proven track record of successful development in major MSAs,” Aaron Krawitz, CEO of Bravo Capital, the parent company of Bravo Property Trust, said in a statement.

The project will feature a 15-story, 218-unit Class A mixed-use building with strategic positioning in Jersey City’s rapidly expanding West Side neighborhood, which has seen a 48% population growth over the past three years. Located on Route 440, the site offers seamless access to major highways, public transportation, and key employment hubs, along with proximity to retail, dining, and Lincoln Park, enhancing its appeal to potential residents.

This development stands out as the only mid- to high-rise project in the area, thanks to unique zoning allowances that permit a height of 15 stories – significantly taller than the predominantly 5- to 6-story buildings in the vicinity. This height advantage provides unobstructed views and a commanding presence in the neighborhood. The project also includes a premium amenity package, featuring a rooftop pool, a distinctive and rare offering in the local market.

About Bravo Property Trust: Bravo Property Trust is a leading bridge and construction financing platform, which, along with its affiliates, has closed over $1.4 billion in financing. For more information about Bravo Property Trust and Bravo Capital and its services, please visit https://bravocapital.com/ and https://bravopropertytrust.com/ or contact (212-729-4962).