Urban American Management

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Urban American Management portfolio

$281.9 million* – condo 64%, elevator 20%; Manhattan 77%, Queens 15%

221th largest portfolio by dollar value

2,228,814 sqft – condo 64%, elevator 25%;

147th largest by SF

18 properties – Queens 44%, Manhattan 38%

500th largest

2,229 residential units – Manhattan 68%, Queens 19%

103th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $330.1 million

Seller company: 1 for $321.8 million

Borrower company: 3 for $465.1 million

Top Ten Associated Companies:

Madison International Realty (10), L+M Development Partners (6), New York Community Bank (2), Sterling National Bank (1), Spencer Savings Bank (1), MetLife (1), Dixon Advisory (1), US Masters Residential Property Fund (1), Flagstar Bank (1), JPMorgan Chase (1)

Top Ten Associated People:

John C. Duncan (1), Daniel M. Bagatta (1), Jessica Wong (1), Joshua S. Eisenberg (1), James Bendernagel (1)

Recent activity as company:

• MSquared and Urban American Management borrowed $225 million from Citibank for 3333 Broadway, None, Manhattan on January 07, 2025.

• Brookfield Properties and Urban American Management sold 3333 Broadway, None, Manhattan for $321.8 million to MSquared and Urban American Management on January 07, 2025.

• Dixon Advisory and US Masters Residential Property Fund sold 30-58 34th Street and 30-64 34th Street, Astoria, Queens for $8.4 million to Urban American Management on July 25, 2024.

• Urban American Management and Brookfield Properties borrowed $232.1 million from JPMorgan Chase for 3333 Broadway, None, Manhattan on May 13, 2024.

• Urban American Management borrowed $8 million from Flagstar Bank for 30-58 34th Street and 30-64 34th Street, Astoria, Queens on September 19, 2023.

• Urban American Management borrowed $9 million from Spencer Savings Bank for 122-20 Ocean Promenade, Rockaway Park, Queens on January 13, 2023.

• Urban American Management borrowed $142 million from MetLife for 25-21 31st Avenue, 170 North 5th Street, 31-49 29th Street, 29-07 31st Avenue, 1625 Rockaway Parkway, and others, Astoria, Queens on January 30, 2020.

• Urban American Management borrowed $9 million from Sterling National Bank for 122-20 Ocean Promenade, Belle Harbor, Queens on January 27, 2020.

• Urban American Management borrowed $9.7 million from New York Community Bank for 50 Overlook Terrace, Washington Heights, Manhattan on January 24, 2020.

• Urban American Management borrowed $9.9 million from New York Community Bank for 106 Ft Washington Avenue, Washington Heights, Manhattan on January 24, 2020.