Wolfe Landau

Founding Partner|Finance

Owner

Partnership

Watermark Capital Group|Wolfe Landau portfolio

$363.4 million* – walkup 43.0%, elevator 25.0%; Brooklyn 88.0%, Queens 6.0%

181th largest portfolio by dollar value

1,901,868 sqft – walkup 44%, elevator 28%;

175th largest by SF

142 properties – Brooklyn 93%, Queens 4%

57th largest

1,795 residential units – Brooklyn 91%, Queens 8%

123th largest by residential units

2 foreclosures, 0 bankruptcies, 13 other court cases.

Person Activity past 24 months:

Buyer signatory: 8 for $125.5 million

Seller signatory: 1 for $4 million

Borrower signatory: 5 for $205 million

Top Ten Associated Companies:

Signature Bank (5), Roman Catholic Church (3), Roman Catholic Church of St. Patrick (2), Bridge City Funding (1), Phillip Miller (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1), Cannon Hill Capital Partners (1)

Top Ten Associated People:

Kenneth A. Stagnari (3), Harry J. Torres (2), Phillip Miller (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1), Michael L. Landsman (1), Eric Rubin (1), Louis Lebovits (1)

Recent activity as company:

• Watermark Capital Group borrowed $70 million from Slate Property Group for 41-02 Crescent Street, Long Island City, Queens on December 04, 2024.

• Watermark Capital Group and Maguire Capital Group borrowed $42.5 million from Daryl Hagler for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.

• Watermark Capital Group and Maguire Capital Group borrowed $23 million from Genesis Holdings Management for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.

• Jacob Marciano sold 208 Livingston Street, 50 Hoyt Street, 44 Hoyt Street, 42 Hoyt Street, 48 Hoyt Street, and others, Boerum Hill, Brooklyn for $10.1 million to Watermark Capital Group on September 18, 2024.

• Watermark Capital Group borrowed $10.5 million from S3 Capital for 144 St Felix Street, Fort Greene, Brooklyn on August 28, 2024.

• Hanson Place Central Methodist Episcopal Church sold 144 St Felix Street, Fort Greene, Brooklyn for $15 million to Watermark Capital Group on July 05, 2024.

• Khedouri Associates sold 159-02 Hillside Avenue, Jamaica, Queens for $4.3 million to Watermark Capital Group on June 10, 2024.

• Watermark Capital Group borrowed $59 million from BridgeCity Capital for 175 Pearl Street, Downtown Brooklyn, Brooklyn on June 04, 2024.

• Cannon Hill Capital Partners sold 175 Pearl Street, Downtown Brooklyn, Brooklyn for $66.5 million to Watermark Capital Group on June 04, 2024.

• Gianpietro Pecora and Josephine M. Troia sold 41-02 Crescent Street, Long Island City, Queens for $15 million to Watermark Capital Group on December 28, 2023.