Maddd Equities

People:

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Maddd Equities portfolio

$226.3 million – specialty 28%, hotel 25%; Manhattan 55%, Bronx 39%

258th largest portfolio by dollar value

1,255,225 sqft – condo 31%, office 23%;

268th largest by SF

33 properties – Bronx 72%, Manhattan 24%

124th largest

1,099 residential units – Manhattan 55%, Brooklyn 42%

203th largest by residential units

0 foreclosures, 0 bankruptcies, 7 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $4 million

Seller company: 0 for $0

Borrower company: 3 for $70.7 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

TD Bank (2), Ladder Capital (2), Natixis (2), Metropolitan Commercial Bank (2), Success Academy Charter Schools (1), Webster Bank (1), Fatin Salhut (1), Mohammad Salhut (1), Lakeland Bank (1), Arctaris Impact Investors (1)

Top Ten Associated People:

Shablar Ahmed (1), Lisa McGorty (1), Fatin Salhut (1), Mohammad Salhut (1), Robert Surovich (1), Uche S. Osuji (1), Daniel P. Gallagher (1), Jonathan Gouveia (1), Richard Berlin (1), Frank T. Chiarello (1)

Latest Stories:

• Success Academy signs $150M construction loan for school in Concourse (November 26, 2024)

• Maddd Equities signs $42.5M refi for grocery retail under Queensboro Bridge (July 11, 2023)

• Maddd, Joy sign $302.7M construction loan for 611-unit project in Inwood (February 09, 2023)

• Maddd Equities signs ground lease valued at $4M for dev site in Mt Hope (February 09, 2023)

• Success Academy pays $105M to MADDD Equities for dev site in Concourse (January 25, 2022)

• Maddd, Joy Construction sign $106M construction loan with NYC for development in Concourse (December 02, 2021)

• Safehold pays $33.2M for ground-leased fee under rental project in Downtown Brooklyn (November 30, 2021)

• Maddd Equities pays $10.8M to WRA Properties for retail in East Harlem (March 29, 2021)

• Maddd Equities borrows $15M from Metropolitan Commerical for retail in East Harlem (March 29, 2021)

• Maddd Equities, Joy Construction double debt to $31M from Natixis in Fort Greene (December 29, 2020)

Litigation:

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Properties:

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