Adam Roman

Principal

Stellar Management

Owner, Developer

Stellar Management portfolio

$1.5 billion* – elevator 70%, office 14%; Manhattan 88%, Brooklyn 6%

38th largest portfolio by dollar value

10,607,078 sqft – elevator 74%, office 8%;

25th largest by SF

87 properties – Manhattan 78%, Bronx 10%

103th largest

8,113 residential units – Manhattan 75%, Bronx 15%

14th largest by residential units

0 foreclosures, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $8.1 million

Borrower signatory: 5 for $274.5 million

Developer (new building or major alteration): 3.0 for 491,264 square feet

Top Ten Associated Companies:

New York Community Bank (17), Bank Leumi (3), Bank of Montreal (2), NYC Housing Development Corporation (2), Signature Bank (2), Brenda E. Geller (1), Chetrit Group (1), Stellar Management (1), Karten Organization (1), Alcova Capital Management (1)

Top Ten Associated People:

John Feijoo (13), Oren Sapirstein (3), Roger Rofe (3), Leanne M. Lispi (1), Brenda E. Geller (1), Meyer Chetrit (1), Ruth Moreira (1), Sharone Karten (1), Lauren Connors (1), Daniel Miller (1)

Recent activity as company:

• Stellar Management borrowed $21 million from Bank of Montreal for 236 East 13th Street, East Village, Manhattan on October 15, 2024.

• Stellar Management sold 105 Haven Avenue, Washington Heights, Manhattan for $8.1 million to Two80 Real Estate Ventures on October 01, 2024.

• Stellar Management borrowed $12.9 million from NYC Housing Development Corporation for 49 Crown Street, Crown Heights, Brooklyn on September 27, 2024.

• Stellar Management borrowed $47 million from Customers Bank for 580 Gerard Avenue, Concourse, Bronx on October 10, 2023.

• Stellar Management borrowed $115.6 million from Flagstar Bank for 884 2nd Avenue, Turtle Bay, Manhattan on August 08, 2023.

• Stellar Management borrowed $78 million from New York Community Bank for 44 West 28th Street, NoMad, Manhattan on February 22, 2023.

• Stellar Management borrowed $9.7 million from New York Community Bank for 87 Hamilton Place, Harlem, Manhattan on February 03, 2023.

• Stellar Management borrowed $11.5 million from New York Community Bank for 214 West 21st Street and 209 West 21st Street, Chelsea, Manhattan on February 03, 2023.

• Stellar Management borrowed $80 million from New York Community Bank for 218/220 5th Avenue, NoMad, Manhattan on October 28, 2022.

• Karten Organization and Alcova Capital Management borrowed $17 million from Stellar Management for 580 Gerard Avenue, Concourse, Bronx on October 27, 2022.