Stephen Krasman

(Steve Krasman)

Chief Operating Officer

Slate Property Group

Lender

440 Park Avenue South 3rd Floor New York, NY 10016

Slate Property Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$864.7 million – elevator 67.0%, hotel 11.0%; Manhattan 70.0%, Brooklyn 14.0%

66th largest portfolio by dollar value

3,523,573 sqft – elevator 68.0%, hotel 12.0%;

77th largest by SF

77 properties – Manhattan 45%, Brooklyn 32%

83th largest

3,496 residential units – Manhattan 49.0%, Brooklyn 28.0%

45th largest by residential units

0 foreclosures, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $277.9 million

Seller signatory: 1 for $3 million

Borrower signatory: 6 for $494.1 million

Lender signatory: 7 for $600.4 million

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

Top Ten Associated Companies:

Sophia Shanfen Zhang (2), Beitel Group (2), Clipper Equity (1), Jerry Kretchmer (1), Jeff Bliss (1), Apollo Global Management (1), PCCP (1), Brookfield Properties (1), KD Sagamore Capital (1), Joel Zupnick (1)

Top Ten Associated People:

Sophia Zhang (2), Ben Beitel (2), David Bistricer (1), Jeffrey Bliss (1), Jeffrey Horowitz (1), William R. Lindsay (1), Ketan Patel (1), Charles Dubroff (1), Joel Zupnick (1), Jessica Wong (1)

Recent activity as signatory:

• Slate Property Group borrowed $69.5 million from Citibank for 52 William Street, Financial District, Manhattan on December 23, 2024.

• McSam Hotel Groupand Andrew Rufail sold 52 William Street, Financial District, Manhattan for $94.5 million to Slate Property Group on December 23, 2024.

• Slate Property Group sold 2114 Coyle Street, Sheepshead Bay, Brooklyn for $3 million to Raymond Zeitouny on December 16, 2024.

• Slate Property Group borrowed $209.8 million from JPMorgan Chase for 141 West 144th Street, 427 West 52nd Street, 399 3rd Avenue, 360 East 193rd Street, 2342 Washington Avenue, and others, Harlem, Manhattan on August 14, 2024.

• Joyland Groupand Loketch Group borrowed $150 million from TPG Real Estate Partners for 28 Boerum Street, Williamsburg, Brooklyn on July 31, 2024.

• Hope Street Capital borrowed $55 million from Walker & Dunlop for 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, and 959 Sterling Place, Crown Heights, Brooklyn on July 02, 2024.

• Slate Property Group borrowed $19.5 million from Fundamental Advisors for 2134 Coyle Street and 2114 Coyle Street, Sheepshead Bay, Brooklyn on June 04, 2024.

• Robert Fischmanand Berkoff Supply sold 2134 Coyle Street and 2114 Coyle Street, Sheepshead Bay, Brooklyn for $24.4 million to Slate Property Group on June 04, 2024.

• Beitel Group borrowed $150 million from Slate Property Group for 120 East 144th Street, Mott Haven, Bronx on April 22, 2024.

• Beitel Group borrowed $32.4 million from Slate Property Group for 120 East 144th Street, Mott Haven, Bronx on April 15, 2024.