Two Trees Management
45 Main Street Suite 1200 Brooklyn, NY 11201
People:
Two Trees Management portfolio
$1.2 billion* – office 33.0%, condo 32.0%; Brooklyn 82.0%, Manhattan 17.0%
53th largest portfolio by dollar value
4,541,072 sqft – office 37.0%, condo 27.0%;
64th largest by SF
58 properties – Brooklyn 91%, Manhattan 8%
167th largest
2,681 residential units – Brooklyn 82.0%, Manhattan 17.0%
73th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Company Activity past 24 months:
Borrower company: 6 for $543.1 million
Top Ten Associated Companies:
Wells Fargo (9), M&T Bank (7), JPMorgan Chase (3), City of New York (1), Provident Bank (1), Signature Bank (1), Consolidated Edison Company of New York (1), Two Trees Management (1), Fannie Mae (1), NYS Housing Finance Agency (1)
Top Ten Associated People:
Alexander D. Carni (2), Ryan Cawley (2), Brianna Larson (1), Karl Seus (1), Garrett W. Thelander (1), Natalya M. Robles (1), Anna Belobrovka (1), Christian Adrian (1), Bogdan Tereshchenko (1)
Recent activity as company:
• Two Trees Management borrowed $243.7 million from Fannie Mae, NYS Housing Finance Agency and Wells Fargo for 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, and 325 Kent Avenue, Williamsburg, Brooklyn on January 09, 2025.
• Two Trees Management borrowed $75 million from Wells Fargo for 105 River Street, 87 River Street, and 4 North 1st Street, None, Brooklyn on November 13, 2024.
• Two Trees Management borrowed $98 million from JPMorgan Chase for 45 Main Street, DUMBO, Brooklyn on May 09, 2024.
• Two Trees Management borrowed $5 million from Provident Bank for 424 Hoyt Street, Carroll Gardens, Brooklyn on January 11, 2024.
• Two Trees Management borrowed $13 million from M&T Bank for 66 Front Street, 1 Old Fulton Street, 1 Main Street, 70 Washington Street, and 1 Main Street, DUMBO, Brooklyn on November 13, 2023.
• Two Trees Management borrowed $108.4 million from M&T Bank for 20 Jay Street, DUMBO, Brooklyn on November 06, 2023.
• Two Trees Management borrowed $15.2 million from M&T Bank for 80 Wythe Avenue, Williamsburg, Brooklyn on January 04, 2023.
• Two Trees Management borrowed $221 million from JPMorgan Chase for 346 Kent Avenue, Williamsburg, Brooklyn on December 28, 2022.
• Two Trees Management borrowed $145 million from JPMorgan Chase for 346 Kent Avenue, Williamsburg, Brooklyn on December 28, 2022.
• Two Trees Management borrowed $90 million from Wells Fargo for 39 Washington Street, DUMBO, Brooklyn on November 28, 2022.
Latest Stories:
• Two Trees signs $75M refi with Wells Fargo for three dev sites in Williamsburg (November 14, 2024)
• Two Trees Management borrows $26M from M&T Bank for property in Brooklyn (January 14, 2021)
• Two Trees borrows $69M from Wells Fargo for two Brooklyn rental refis (December 02, 2020)
• Two Trees ups debt to $160M at 60 Water Street rentals in Dumbo (August 27, 2020)
Court Records:
Properties: