Liat Heller

Rialto Management Group

(Rialto Capital Management, Rialto Capital Advisors, Rialto Capital)

Lender

Rialto Management Group portfolio

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

$107.9 million – office 67%, hotel 21%; Manhattan 98%, Brooklyn 1%

513th largest portfolio by dollar value

197,906 sqft – office 57%, hotel 33%;

1199th largest by SF

7 properties – Manhattan 85%, Brooklyn 14%

150th largest

8 residential units – Brooklyn 100%, Manhattan 0%

790th largest by residential units

52 foreclosures, 0 bankruptcies, 17 other court cases.

Notes

The term “Rialto Capital” refers to Rialto Management Group, LLC (“RMG”) and its subsidiaries: Rialto Capital Management, LLC, the registered investment advisor (“RCM”), and Rialto Capital Advisors, LLC, the asset manager and special servicer (“RCA”). All information as of 3/31/2023, unless otherwise noted.

Top Ten Associated Companies:

GFI Capital Resources Group (1), PH Realty Capital (1)

Top Ten Associated People:

Ilya Braz (1), Peter Hungerford (1)

Recent activity as signatory:

• Stephen L. Clark borrowed $17.6 million from Equity Bank for 1320 Zerega Avenue, Westchester Square, Bronx on October 15, 2024.

• Stephen L. Clark borrowed $22 million from Equity Bank for 2727 Knapp Street, Sheepshead Bay, Brooklyn on October 10, 2024.

• PH Realty Capital borrowed $89.5 million from Rialto Capital Management for 448-452 West 57th Street, 406 West 56th Street, 418 West 56th Street, 404 West 56th Street, 309 West 54th Street, and others, Hell’s Kitchen, Manhattan on June 06, 2022.

• GFI Capital Resources Group borrowed $59 million from Rialto Capital Management for 61 Bond Street, Boerum Hill, Brooklyn on May 05, 2022.