Ekstein Development Group

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Ekstein Development Group portfolio

$38.7 million – elevator 99.0%, None 0.0%; Queens 71.0%, Brooklyn 28.0%

1103th largest portfolio by dollar value

290,767 sqft – elevator 100.0%, None 0.0%;

896th largest by SF

6 properties – Queens 50%, Brooklyn 33%

151th largest

386 residential units – Brooklyn 57.0%, Queens 42.0%

445th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 2 for $51.1 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Citibank (3), Santander Bank (1), Walker & Dunlop (1), JLL (1), Man Real Estate Debt Investments (1)

Top Ten Associated People:

Michael Corbett (1), William Marcus Duley (1), Alyssa D. Berquam (1)

Latest Stories:

• Ekstein Development signs $48.8M construction loan with Santander for development in Bushwick (April 13, 2022)

• Ekstein Development adds $9M in debt for construction project in Bushwick (August 20, 2020)

• Ekstein Development borrows $45.5M from Citibank for residential construction in Bushwick (June 22, 2020)

• Ekstein Development borrows $17M from Citibank for new development in Bushwick (May 07, 2020)

• Ekstein Development Group borrows $62M from Man Real Estate for multifamily property in Nomad (January 02, 2020)

• Erik Ekstein’s E+T Development Group borrows $11M from S3 Capital for acqusition of vacant land in Bushwick (December 11, 2019)

• Erik Ekstein’s E+T Development Group pays $17M to Jeremy Markowitz’s Heritage Real Estate Partners for vacant property in Bushwick (December 10, 2019)

Properties:

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