Blumenfeld Development Group

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Blumenfeld Development Group portfolio

$108.3 million* – C0 31%, condo 23%; Manhattan 55%, Queens 44%

528th largest portfolio by dollar value

573,578 sqft – industrial 45%, condo 29%;

550th largest by SF

8 properties – Manhattan 50%, Queens 50%

1009th largest

3 residential units – Manhattan 100%, Bronx 0%

6000th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $122.6 million

Borrower company: 2 for $112 million

Top Ten Associated Companies:

LSC Development (2), Mark Dehnert (1), Argentic Investment Management (1), 3650 REIT (1), AIG (1), Valley National Bank (1), Invesco (1), NYS Common Retirement Fund (1)

Top Ten Associated People:

Christopher S. Barry (2), Mark Dehnert (1), Ryan Supple (1), Toby Cobb (1), Michael Medvin (1)

Recent activity as company:

• Blumenfeld Development Group borrowed $28 million from 3650 REIT for 158 East 126th Street and 158 East 126th Street, East Harlem, Manhattan on October 02, 2024.

• Carlyle Group and Blumenfeld Development Group borrowed $84 million from Argentic Investment Management for 34-09 College Point Blvd and 62-05 30th Avenue, Flushing, Queens on December 11, 2023.

• LSC Development sold 62-05 30th Avenue, Woodside, Queens for $50.6 million to Carlyle Group and Blumenfeld Development Group on December 11, 2023.

• LSC Development sold 34-09 College Point Blvd, Flushing, Queens for $72 million to Carlyle Group and Blumenfeld Development Group on December 11, 2023.

• Blumenfeld Development Group borrowed $22.5 million from NYS Common Retirement Fund for 72-15 25th Avenue and 71-01 25th Avenue, Jackson Heights, Queens on April 27, 2022.

• Blumenfeld Development Group sold 41 Great Jones Street, NoHo, Manhattan for $13 million to Mark Dehnert on April 08, 2022.

• Blumenfeld Development Group borrowed $32 million from Invesco for 158 East 126th Street, East Harlem, Manhattan on February 11, 2022.

• Blumenfeld Development Group borrowed $77.5 million from AIG for 163 East 125th St, 163 East 125th St, 163 East 125th St, and 163 East 125th St, East Harlem, Manhattan on July 06, 2021.

• Blumenfeld Development Group borrowed $19.8 million from Valley National Bank for 41 Great Jones Street, Noho, Manhattan on December 05, 2019.