Progress Capital
(Progress Direct)
Lender
620 Tinton Avenue Building B, 1st Floor, Tinton Falls, NJ 07724
48 Wall Street 11th Floor New York, NY 10005
People:
Other Links:
Notes
Progress Capital is affiliated with and shares management and offices with Progress Realty Partners, a real estate investment firm.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 1 for $5 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Maddd Equities (1)
Top Ten Associated People:
Jorge Madruga (1)
Recent activity as signatory:
• Maddd Equities borrowed $5 million from Progress Capital for 2532 Grand Concourse, Fordham Manor, Bronx on January 23, 2025.
• Thomas Polsinelli borrowed $12.8 million from Asset Realty & Construction Group for 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens on March 13, 2024.
• Dino Tomassetti Jr. and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 218 5th Avenue, NoMad, Manhattan on September 11, 2023.