SKF Development

1144 Evergreen Ave, Bronx, NY 10472

SKF Development portfolio

$47.5 million – condo 48%, elevator 38%; Bronx 100%, Manhattan 0%

964th largest portfolio by dollar value

433,099 sqft – elevator 41%, condo 36%;

676th largest by SF

19 properties – Bronx 100%, Manhattan 0%

138th largest

774 residential units – Bronx 100%, Manhattan 0%

275th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $12.5 million

Seller company: 2 for $51.8 million

Borrower company: 8 for $145 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Metropolitan Commercial Bank (8), Popular Bank (5), Valley National Bank (4), BX Capital (2), Poular Bank (1), Doe Fund (1), Atlantis Management Group (1), New York City Acquisition Fund (1), MBD Community Housing Corp (1), Ladder Capital (1)

Top Ten Associated People:

Jay Shah (4), Ross Dahmen (4), Craig Zajac (2), Michael Shamah (2), Sana Khaliq (1), Richard A. Grani (1), John McDonald (1), Ross Dehmen (1), Dennis Graham (1), Tumay Basaranlar (1)

Latest Stories:

• SKF Development pays $5.5M to BX Capital for dev site in Fordham Heights (December 27, 2024)

• SKF Development signs $37.2M refi for 133-unit rental in Fordham Manor (November 14, 2024)

• Doe Fund pays $26M to SKF Development for new 65-unit building in Bedford Park (September 18, 2024)

• Better Haven acquires new 58-unit, $23.6M building in Wakefield (August 14, 2024)

• Better Haven Foundation signs $30.4M acquisition loan with M&T Bank for residential elevator in Williamsbridge (July 30, 2024)

• Popular Bank gives $9.9M construction loan for 40-unit development in Belmont (July 22, 2024)

• MBD pays $25.8M for 57-unit building in Fordham Heights (July 08, 2024)

• SKF pays $7M to Atlantis Management Group for dev site in Norwood (May 02, 2024)

• SKF Development signs $17.9M construction loan for 88-unit dev site in Bedford Park (March 06, 2023)

• SKF Development signs $28M refi for newly built 92-unit rental in Williamsbridge (August 17, 2022)

Properties:

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