Lymaris Albors
Acacia Network
Owner
915 Westchester Avenue, Bronx, NY 10459
Acacia Network portfolio
$22.9 million* – specialty 90%, hotel 5%; Queens 90%, Bronx 9%
1604th largest portfolio by dollar value
88,451 sqft – specialty 54%, hotel 39%;
2085th largest by SF
3 properties – Bronx 66%, Queens 33%
2283th largest
Notes
Acacia is a nonprofit delivering homeless and other services. “the leading Hispanic-led nonprofit in New York State and one of the largest in the nation, serving over 150,000 individuals every year through integrated programs in the areas of health, housing, economic development, social services, and cultural revitalization.”
Person Activity past 24 months:
Seller signatory: 1 for $9.5 million
Borrower signatory: 1 for $30.1 million
Top Ten Associated Companies:
Manuel Mejia (1), NYS Dormitory Authority (1), Liberty One Group (1)
Top Ten Associated People:
Manuel Mejia (1), Barry D. Lites (1), David Levitan (1)
Recent activity as company:
• Acacia Network sold 980 Prospect Avenue, Longwood, Bronx for $9.5 million to Liberty One Group on November 13, 2024.
• Acacia Network borrowed $30.1 million from NYS Dormitory Authority for 116-30 Sutphin Boulevard, South Jamaica, Queens on November 13, 2024.
• Manuel Mejia sold 300 East Tremont Avenue, Mt Hope, Bronx for $2 million to Acacia Network on December 13, 2022.
Latest Stories:
• Liberty One Group pays $9.5M to Acacia Network for shelter in Longwood (November 14, 2024)