Adam America Real Estate
(Adam America)
551 5th Ave Suite 1720 New York, NY 10176, USA
People:
Adam America Real Estate portfolio
$119.9 million* – elevator 41.0%, condo 34.0%; Brooklyn 52.0%, Manhattan 47.0%
478th largest portfolio by dollar value
430,777 sqft – elevator 49.0%, condo 27.0%;
696th largest by SF
112 properties – Brooklyn 98%, Manhattan 1%
75th largest
301 residential units – Brooklyn 66.0%, Manhattan 33.0%
647th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Seller company: 1 for $7.6 million
Top Ten Associated Companies:
Bank Leumi (2), ZB Capital Group (1), Valley National Bank (1), HUBB NYC (1), DiFalco Group (1), AIG (1), MSD Partners (1), Ira Schwartz (1), Axos Bank (1)
Top Ten Associated People:
Jason Behfarin (1), Jesse Terry (1), John P. McCarthy (1), Christopher L. DiFalco (1), Ira Schwartz (1)
Recent activity as company:
• Adam America Real Estate and Hampshire Properties sold 2461 Broadway and 2461 Broadway, Upper West Side, Manhattan for $7.6 million to DiFalco Group on September 21, 2023.
• Adam America Real Estate sold 22-18 Jackson Avenue, Long Island City, Queens for $4.8 million to ZB Capital Group on December 29, 2022.
• Adam America Real Estate borrowed $44 million from Valley National Bank for 595 Baltic Street and 577 Baltic Street, Boerum Hill, Brooklyn on September 02, 2022.
• Slate Property Group and Adam America Real Estate sold 120 Union Avenue, Williamsburg, Brooklyn for $76.8 million to HUBB NYC on August 09, 2022.
• Adam America Real Estate sold 196 South 1st Street, Williamsburg, Brooklyn for $6 million to Ira Schwartz on November 15, 2021.
• Adam America Real Estate borrowed $21.8 million from Bank Leumi for 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, and others, Boerum Hill, Brooklyn on September 17, 2021.
• Adam America Real Estate borrowed $90 million from AIG for 2461 Broadway, the Upper West Side, Manhattan on February 09, 2021.
• Adam America Real Estate borrowed $100 million from Axos Bank for 2503 Broadway, the Upper West Side, Manhattan on February 09, 2021.
• Adam America Real Estate borrowed $63 million from MSD Partners for 2503 Broadway, the Upper West Side, Manhattan on November 23, 2020.
• Adam America Real Estate borrowed $30 million from Bank Leumi for 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, and others, Brooklyn Heights, Brooklyn on September 11, 2020.
Latest Stories:
• DiFalco Group pays $7.6M for retail in Upper West Side (September 22, 2023)
• ZB Capital Group pays $4.8M to Adam America for LIC retail condo (December 30, 2022)
• HUBB NYC pays $76.8M to Slate, Adam America for 130-unit rental in Williamsburg (August 10, 2022)
• Adam America signs $21.8M condo inventory loan with Bank Leumi in Boerum Hill (September 20, 2021)
• MSD partners borrows $145M from Axos, AIG in two UWS transactions (February 10, 2021)
• Adam America gets $63M construction loan from MSD Partners for UWS project (November 24, 2020)
• Adam America borrows $30M from Bank Leumi for property in Brooklyn Heights (September 14, 2020)
Court Records:
Properties: