Mendel Kaff

Owner

Mendel Kaff portfolio

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

$54.3 million – elevator 87%, walkup 10%; Bronx 98%, Brooklyn 1%

882th largest portfolio by dollar value

778,219 sqft – elevator 77%, walkup 21%;

407th largest by SF

6 properties – Bronx 83%, Brooklyn 16%

151th largest

779 residential units – Bronx 100%, Manhattan 0%

273th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $9.2 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $48.5 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

FBE Limited (2), Starwood Mortgage Capital (2), Bank of Princeton (2), Related Companies (2), Joseph Rubin (1), Shmuel A. Haikins (1), Bank of Montreal (1), Valley National Bank (1), Douglas Rosenberg (1), Sterling National Bank (1)

Top Ten Associated People:

Yehoshua Leib Fruchthandler (2), Seth Blau (2), Joseph Rubin (1), Grace Chiang (1), Leanne M. Lispi (1), Terence J. McArdle (1), Douglas Rosenberg (1)

Recent activity as signatory:

• Mendel Kaff borrowed $5.5 million from Starwood Mortgage Capital for 2021 Avenue X, Sheepshead Bay, Brooklyn on August 07, 2023.

• Company sold 2021 Avenue X, Sheepshead Bay, Brooklyn for $9.2 million to Mendel Kaff on August 04, 2023.

• Mendel Kaff borrowed $43 million from Valley National Bank for 1466 Watson Avenue, Soundview, Bronx on July 11, 2023.

• Mendel Kaff borrowed $144.2 million from Starwood Mortgage Capitaland Bank of Montreal for 2001 Story Avenue and 883 East 180th Street, Unionport, Bronx on June 21, 2022.

• FBE Limited sold 2001 Story Avenue, Unionport, Bronx for $105 million to Mendel Kaff on June 21, 2022.

• FBE Limited sold 883 East 180th Street, West Farms, Bronx for $64 million to Mendel Kaff on June 21, 2022.

• Mendel Kaff sold 478 Saint Johns Place and 419 Lincoln Place, Crown Heights, Brooklyn for $17 million to Joseph Rubinand Shmuel A. Haikins on June 06, 2022.

• Mendel Kaff borrowed $16.5 million from Sterling National Bank for 781 Washington Avenue, Crown Heights, Brooklyn on June 08, 2021.

• Douglas Rosenberg sold 781 Washington Avenue, Crown Heights, Brooklyn for $22 million to Mendel Kaff on June 08, 2021.

• Mendel Kaff borrowed $27.2 million from Bank of Princeton for 1466 Watson Avenue, Soundview, Bronx on May 19, 2021.