Jeffrey Lehman

(Jeffrey A. Lehman)

Principal|Head Of Legal For Investment Strategies

Prime Finance

Lender

Private Equity

155 North Wacker Drive Suite 3600 Chicago, IL 60606

1330 Avenue of the Americas Suite 2500 New York, NY 10019

LinkedIn

Prime Finance portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$3.6 million – walkup 100%; Bronx 100%, Manhattan 0%

4374th largest portfolio by dollar value

27,168 sqft – walkup 100%;

3726th largest by SF

3 properties – Bronx 100%, Manhattan 0%

155th largest

27 residential units – Bronx 100%, Manhattan 0%

771th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 2 for $15.8 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Wharton Properties (1), Fortress Investment Group (1)

Top Ten Associated People:

Joseph Sutton (1)

Recent activity as signatory:

• Katan Realty Group and Kohan Retail Investment Group and Ilya Mikhailov borrowed $73 million from Benefit Street Partners for 341 7th Avenue, 287 7th Avenue, 343 7th Avenue, and 167 West 29th Street, Chelsea, Manhattan on January 16, 2025.

CB Developers and SK Development borrowed $76 million from JPMorgan Chase and Citibank for 247 Metropolitan Avenue, 247 Metropolitan Avenue, 247 Metropolitan Avenue, and 247 Metropolitan Avenue, Williamsburg, Brooklyn on January 16, 2025.

Centurion Realty borrowed $15 million from JPMorgan Chase for 1114 Madison Avenue, 1114 Madison Avenue, 1114 Madison Avenue, 1114 Madison Avenue, 1114 Madison Avenue, and others, Carnegie Hill, Manhattan on December 19, 2024.

Fortress Investment Group borrowed $0 from Prime Finance for 231 East 76th Street, Lenox Hill, Manhattan on November 22, 2024.

Wharton Properties borrowed $15.8 million from Prime Finance for 90 Bedford Street, West Village, Manhattan on February 09, 2024.

Latest Stories:

• CB Developers, SK Development sign $76M refi for Williamsburg hotel (January 17, 2025)

• Kohan Retail, partners pay $85M to Namdar, Empire for office in Chelsea (January 17, 2025)

• Wharton Properties pays $18.2M to Rudd Realty for 22-unit walkup in West Village (February 12, 2024)

• Fortress Investment signs $39.7M acquisition loan with MetLife for 90-unit rental in Lenox Hill (July 05, 2022)

• Fortress, Slate pay $78M to BlackRock for elevator rentals in Lenox Hill, Turtle Bay (June 13, 2022)

• Namdar, Empire pay $107M to Clemons Management for four office properties in Chelsea (September 20, 2021)

• Namdar, and Empire Capital sign $78M acquisition loan with Benefit Street Partners for office properties in Chelsea (September 20, 2021)

• CBSK Ironstate obtains $78M in debt from Goldman Sachs Bank for Pod Brooklyn hotel in Williamsburg (September 30, 2019)

• Merrimaker Corporation obtained financing of $5M from JPMorgan Chase Bank (July 30, 2019)

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