Jorge Madruga

Ceo

Maddd Equities

Developer, Owner

Maddd Equities portfolio

$234.7 million* – specialty 27%, hotel 25%; Manhattan 53%, Bronx 41%

263th largest portfolio by dollar value

1,305,225 sqft – condo 30%, office 26%;

260th largest by SF

34 properties – Bronx 73%, Manhattan 23%

289th largest

1,099 residential units – Manhattan 55%, Brooklyn 42%

218th largest by residential units

0 foreclosures, 0 bankruptcies, 7 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $8 million

Seller signatory: 1 for $8.6 million

Borrower signatory: 5 for $118 million

Developer (new building or major alteration): 45.0 for 419,827 square feet

Top Ten Associated Companies:

Metropolitan Commercial Bank (2), TD Bank (1), Success Academy Charter Schools (1), Webster Bank (1), LibreMax Capital (1), Lakeland Bank (1), Arctaris Impact Investors (1), Yechiel Newhouse (1), Maddd Equities (1), Sterling National Bank (1)

Top Ten Associated People:

Shablar Ahmed (1), Lisa McGorty (1), Robert Surovich (1), Uche S. Osuji (1), Yechiel Newhouse (1), Richard Berlin (1), Frank T. Chiarello (1), Kathleen Anderson (1), Matthew Bloomfield (1)

Recent activity as company:

• Maddd Equities borrowed $5 million from Progress Capital for 2532 Grand Concourse, Fordham Manor, Bronx on January 23, 2025.

• Matthew Bloomfield sold 2532 Grand Concourse, Fordham Manor, Bronx for $8 million to Maddd Equities and Eli Weiss on January 23, 2025.

• Jorge Madruga filed plans for new building for 136,246 sqft in East Harlem, Manhattan, on November 19, 2024.

• Jorge Madruga filed plans for new building for 117,887 sqft in Mt Hope, Bronx, on October 15, 2024.

• Jorge Madruga filed plans for new building for 147,313 sqft in Mott Haven, Bronx, on December 22, 2023.

• Maddd Equities borrowed $12.2 million from Arctaris Impact Investors for 2516-2530 Grand Concourse, Fordham Manor, Bronx on December 18, 2023.

• Arker Companies, Radson Development and Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on October 30, 2023.

• Maddd Equities borrowed $42.5 million from Lakeland Bank for 405 East 59th Street, Lenox Hill, Manhattan on July 10, 2023.

• Maddd Equities, South Bronx Overall Economic Development Corporation and SoBro borrowed $12.3 million from Metropolitan Commercial Bank for 422 East 165th Street, 1004 Brook Avenue, 416 East 165th Street, 1014 Brook Avenue, 412 East 165th Street, and others, Morrisania, Bronx on July 07, 2023.

• Maddd Equities and SoBro borrowed $46 million from LibreMax Capital for 825 East 141st Street and 804 East 141st Street, Mott Haven, Bronx on March 21, 2023.