Berkshire Residential Investments
(MF1 Capital, Berkshire)
People:
Company Activity past 24 months:
Lender company: 10 for $1.2 billion
Top Ten Associated Companies:
Iris Holdings Group (3), Beitel Group (2), Jacob Schwimmer (2), Brookfield Properties (1), William Kukielka (1), A&E Real Estate Holdings (1), Derby Copeland Capital (1), Hope Street Capital (1), AZW Realty (1), Isaac Herskovitz (1)
Top Ten Associated People:
Marc Blumenfrucht (3), Binyamin Beitel (2), Jacob Schwimmer (2), Ralph Toussie (1), William Kukielka (1), Darryl Smith (1), Jesse Hutcher (1), Jeffrey Gershon (1), Zelig Weiss (1), Chaim Lipschitz (1)
Recent activity as company:
• Bushburg Properties borrowed $130 million from MF1 Capital for 2840 Atlantic Avenue, 191 Schenck Avenue, and 260 Barbey Street, East New York, Brooklyn on December 02, 2024.
• Chess Builders borrowed $170 million from MF1 Capital for 218 Front Street, Vinegar Hill, Brooklyn on October 29, 2024.
• Jacob Schwimmer borrowed $165 million from MF1 Capital for 138 Bruckner Boulevard, Mott Haven, Bronx on September 06, 2024.
• Hampshire Properties borrowed $24 million from MF1 Capital for 2339 Nostrand Avenue, Flatlands, Brooklyn on August 20, 2024.
• Century Development Group borrowed $29.7 million from Bravo Capital for 148-31 90th Avenue, Jamaica, Queens on April 16, 2024.
• Carlyle Group and Gotham Organization borrowed $216 million from MF1 Capital for 150 Amsterdam Avenue, 150 Amsterdam Avenue, and 150 Amsterdam Avenue, Lincoln Square, Manhattan on March 22, 2024.
• Sky Management borrowed $70 million from M&T Bank for 511 East 86th Street, Yorkville, Manhattan on January 17, 2024.
• Jacob Schwimmer borrowed $141.5 million from MF1 Capital for 40 Bruckner Boulevard, Mott Haven, Bronx on December 29, 2023.
• Madison Realty Capital borrowed $189 million from MF1 Capital for N/A 70th Street, 46-10 70th Street, and 46-10 70th Street, Maspeth, Queens on October 16, 2023.
• Certes Partners borrowed $68.5 million from MF1 Capital for 212 East 125th Street, East Harlem, Manhattan on September 21, 2023.
Latest Stories:
• Bushburg Properties signs $130M refi for 640-unit complex in East New York (December 03, 2024)
• Jacob Schwimmer signs $165M refi for new 448-unit rental in Mott Haven (September 09, 2024)
• Hampshire Properties signs $24M refi for new 59-unit building in Flatlands (August 21, 2024)
• Co-living firm Common Living files for liquidation bankruptcy (June 03, 2024)
• Isaac Herskovitz pays $86.75M for Fairstead’s 538-unit property in Harlem (June 21, 2023)
Court Records: