BWH Group

People:

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BWH Group portfolio

$7.1 million* – retail 53%, development 14%; Brooklyn 100%, Manhattan 0%

3208th largest portfolio by dollar value

29,626 sqft – retail 50%, M1 31%;

3638th largest by SF

7 properties – Brooklyn 100%, Manhattan 0%

1244th largest

29 residential units – Brooklyn 100%, Manhattan 0%

2787th largest by residential units

Company Activity past 24 months:

Buyer company: 5 for $34.5 million

Borrower company: 2 for $24 million

Top Ten Associated Companies:

Ianthe Kallas-Bortz (2), Haim Levy (1), Anthony H. Kallas (1), Nicholas O. Kallas (1), Glenn L. Gubner (1), Popular Bank (1), Staples (1), Castellan Capital (1)

Top Ten Associated People:

Ianthe Kallas-Bortz (2), Haim Levy (1), Glenn L. Gubner (1), Michael Kenny (1), Joel Hammer (1)

Recent activity as company:

BWH Group borrowed $10 million from Castellan Capital for 9305 5th Avenue and 364 Ovington Avenue, Bay Ridge, Brooklyn on December 30, 2024.

Staples sold 9305 5th Avenue, Bay Ridge, Brooklyn for $17 million to BWH Group on December 30, 2024.

BWH Group for Daniel Grinshteyn filed plans for new building for 52,872 sqft in Coney Island, Brooklyn, on October 28, 2024.

BWH Group for Daniel Grinshteyn filed plans for new building for 74,347 sqft in Sheepshead Bay, Brooklyn, on October 01, 2024.

BWH Group borrowed $14 million from Popular Bank for 48 Somers Street, Bedford Stuyvesant, Brooklyn on July 02, 2024.

Glenn L. Gubner sold 2510 Coney Island Avenue, Sheepshead Bay, Brooklyn for $2.8 million to BWH Group on June 05, 2024.

Ianthe Kallas-Bortz sold 1667 Sheepshead Bay Road, Sheepshead Bay, Brooklyn for $8 million to BWH Group on May 08, 2024.

• Anthony H. Kallas, Nicholas O. Kallas and Ianthe Kallas-Bortz sold 1517 Mermaid Avenue and 1523 Mermaid Avenue, Coney Island, Brooklyn for $3 million to BWH Group on June 20, 2023.

Haim Levy sold 48 Somers Street, Bedford Stuyvesant, Brooklyn for $3.8 million to BWH Group on March 24, 2023.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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