FBE Limited
People:
FBE Limited portfolio
$243.8 million* – condo 52.0%, elevator 29.0%; Brooklyn 49.0%, Manhattan 47.0%
253th largest portfolio by dollar value
1,457,157 sqft – condo 46.0%, elevator 41.0%;
227th largest by SF
35 properties – Brooklyn 68%, Manhattan 20%
280th largest
1,397 residential units – Brooklyn 61.0%, Manhattan 38.0%
172th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $40.1 million
Borrower company: 2 for $54.5 million
Top Ten Associated Companies:
Signature Bank (12), Mendel Kaff (3), E&M Associates (3), LIHC Investment Group (2), Signature Investment Group (2), Gagliano family (2), FBE Limited (1), RBH Group (1), Laurence Kramer (1), Valley National Bank (1)
Top Ten Associated People:
Paul Kotronis (3), Scott Katz (3), Mendel Kaff (2), Manny Shurka (2), Ron Beit-Halachmy (1), Laurence Kramer (1), Issac Schwartz (1), Shimon Eisikowicz (1), Rhonda D. Peare (1)
Recent activity as company:
• Cammeby’s International Group and FBE Limited sold 391 Lorimer Street, 16 Ten Eyck Street, 417 Lorimer Street, N/A Lorimer Street, and N/A Ten Eyck Street, Williamsburg, Brooklyn for $40.1 million to LIHC Investment Group on January 27, 2025.
• FBE Limited borrowed $30.8 million from JLL for 9720 Kings Highway, Brownsville, Brooklyn on March 13, 2024.
• FBE Limited borrowed $23.7 million from Webster Bank for 781 Washington Avenue, Crown Heights, Brooklyn on November 27, 2023.
• FBE Limited sold 89-01 165th Street, 89-25 165th Street, 89-26 Merrick Boulevard, and 89-29 165th Street, Jamaica, Queens for $0 to RBH Group on January 06, 2023.
• FBE Limited borrowed $29 million from Cross River Bank for 1120 St Johns Place, Crown Heights, Brooklyn on December 07, 2022.
• Mendel Kaff sold 781 Washington Avenue, Crown Heights, Brooklyn for $30.5 million to FBE Limited on December 06, 2022.
• FBE Limited borrowed $50 million from Valley National Bank for 89-01 165th Street, 90-06 Merrick Boulevard, 89-25 165th Street, 89-39 165th Street, 89-26 Merrick Boulevard, and others, Jamaica, Queens on November 10, 2022.
• Laurence Kramer sold 89-01 165th Street, 90-06 Merrick Boulevard, 89-25 165th Street, 89-39 165th Street, 89-26 Merrick Boulevard, and others, Jamaica, Queens for $51.5 million to FBE Limited on November 10, 2022.
• FBE Limited borrowed $28.5 million from Signature Bank for 2124 Mill Avenue, Mill Basin, Brooklyn on November 01, 2022.
• Signature Investment Group sold 2124 Mill Avenue, Mill Basin, Brooklyn for $40.5 million to FBE Limited on November 01, 2022.
Latest Stories:
• FBE Limited signs $30.8M refi with JLL for 119-unit rental in Brownsville (March 14, 2024)
• RBH Group signs contract to buy Jamaica dev site from FBE Limited (January 09, 2023)
• FBE Limited pays $51.5M to Laurence Kramer for possible dev site in Jamaica (November 11, 2022)
Properties: