Fortis Property Group

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Fortis Property Group portfolio

$39.7 million – elevator 100%; Brooklyn 100%, Manhattan 0%

1084th largest portfolio by dollar value

362,940 sqft – elevator 100%;

781th largest by SF

76 residential units – Brooklyn 100%, Manhattan 0%

722th largest by residential units

1 foreclosure, 0 bankruptcies, 7 other court cases.

Top Ten Associated Companies:

Madison Realty Capital (3), Amity Fiddlehead Llc (1), RiseBoro Community Partnership (1), People’s United Bank (1), Axos Bank (1), G4 Capital Partners (1)

Top Ten Associated People:

Joshua Zegen (2), Robyn Sorid (1)

Latest Stories:

• Rockrose pays $65M to Madison Realty for dev site in Cobble Hill (September 03, 2024)

• Solomon Klein pays $70M to TL Management, Fortis for nursing home building in Bushwick (June 20, 2023)

• Madison Realty acquires two Fortis dev sites valued at $145M, Madison’s 3rd borrower turnover in month (November 21, 2022)

• Fortis Property signs $254.8M condo loan refi with G4 Capital in Dumbo (December 26, 2021)

• Fortis gets $162.8M construction loan from Madison Realty for $375M condo project in Dumbo (October 20, 2020)

• Fortis Property Group affiliate, TL Management pay $58.8M for healthcare property in Bushwick (May 07, 2020)

• Fortis Property affiliate borrows $40M from People’s United Bank for purchase of healthcare facility in Bushwick (May 07, 2020)

• Fortis Property Group sells $9M townhouse at 96 Amity Street in Cobble Hill (August 20, 2019)

Litigation:

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Properties:

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