Bawabeh Brothers
539 Eastern Parkway, 3rd Floor Brooklyn, NY 11216
People:
Bawabeh Brothers portfolio
$73.1 million* – retail 46.0%, mixed-use 20.0%; Brooklyn 75.0%, Bronx 12.0%
725th largest portfolio by dollar value
442,134 sqft – retail 25%, specialty 19%;
677th largest by SF
38 properties – Brooklyn 86%, Bronx 5%
270th largest
114 residential units – Brooklyn 92%, Queens 7%
1315th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $25.7 million
Top Ten Associated Companies:
Investors Bank (2), TD Bank (1), Signature Bank (1), Interaudi Bank (1), Ladder Capital (1), Webster Bank (1), Popular Bank (1)
Top Ten Associated People:
David Traitel (1), Yonatan Whitehouse (1), Travis J. Schelhorn (1)
Recent activity as company:
• Bawabeh Brothers borrowed $12.2 million from Popular Bank for 1700 Jerome Avenue, Sheepshead Bay, Brooklyn on November 14, 2024.
• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116th Street, 2927 3rd Avenue, 1046 Southern Boulevard, 918 Seneca Avenue, and 1619 Sheepshead Bay Road, East Harlem, Manhattan on November 14, 2024.
• Bawabeh Brothers borrowed $16.5 million from Webster Bank for 1190 Fulton Street and 1190 Fulton Street, Bedford-Stuyvesant, Brooklyn on December 05, 2022.
• Bawabeh Brothers borrowed $56 million from Signature Bank for 1192 Fulton Street, 1212 Fulton Street, 1218 Fulton Street, 2818 Church Avenue, 797 Flushing Avenue, and others, Bedford-Stuyvesant, Brooklyn on December 13, 2021.
• Bawabeh Brothers for Soly Bawabeh filed plans for new building for 60,227 sqft in East New York, Brooklyn, on November 02, 2021.
• Bawabeh Brothers borrowed $14.8 million from Investors Bank for 1245 Bedford Avenue, Bedford-Stuyvesant, Brooklyn on June 19, 2020.
• Bawabeh Brothers for Soly Bawabeh filed plans for new building for 48,072 sqft in Bedford Stuyvesant, Brooklyn, on May 07, 2020.
• Bawabeh Brothers for Soly Bawabeh filed plans for new building for 48,072 sqft in Bedford Stuyvesant, Brooklyn, on February 12, 2020.
• Bawabeh Brothers borrowed $12.8 million from Interaudi Bank for 1829 Nostrand Avenue, East Flatbush, Brooklyn on January 17, 2020.
• Bawabeh Brothers borrowed $15.5 million from Investors Bank for 1104 Fulton Street, Bedford-Stuyvesant, Brooklyn on July 26, 2019.
Latest Stories:
• Bawabeh Brothers obtained financing of $16M from Investors Bank (July 29, 2019)
• Bawabeh Brothers obtained financing of $7M from TD BANK (July 18, 2019)
Properties: