Candor Capital
(Candor Capital Management)
1449 37th Street #320 Brooklyn, NY 11218
People:
Candor Capital portfolio
$25.8 million* – elevator 30%, condo 23%; Manhattan 60%, Brooklyn 39%
1474th largest portfolio by dollar value
73,896 sqft – condo 32%, elevator 22%;
2302th largest by SF
19 properties – Brooklyn 57%, Manhattan 42%
492th largest
262 residential units – Brooklyn 92%, Manhattan 7%
719th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $23.5 million
Seller company: 1 for $7.2 million
Borrower company: 9 for $127.1 million
Top Ten Associated Companies:
S3 Capital (3), Signature Bank (2), Valley National Bank (2), Emilio Barletta (2), Morgan Stanley (2), Rocklyn Asset Corp. (1), Bank of Princeton (1), Bank of Montreal (1), Turtle Bay Music School (1), Webster Bank (1)
Top Ten Associated People:
Emilio Barletta (2), Cynthia Eckes (2), Coleen A. Ceriello (1), Michael Birajiclian (1), Jeffrey Schlosser (1), Samantha Stewart (1), Joshua Crane (1), Craig Ferreira (1), Terence J. McArdle (1), Glenn P. Lunde (1)
Recent activity as company:
• Candor Capital for Charles Wurzberger filed plans for new building for 28,441 sqft in East Flatbush, Brooklyn, on January 22, 2025.
• Candor Capital sold 489 3rd Avenue, Gowanus, Brooklyn for $7.2 million to MRM Equity on January 03, 2025.
• Candor Capital borrowed $13.5 million from Morgan Stanley for 835 Maple Street and 837 Maple Street, East Flatbush, Brooklyn on November 22, 2024.
• Candor Capital borrowed $20 million from Bank of Montreal for 80 Linden Boulevard, Flatbush, Brooklyn on October 01, 2024.
• Candor Capital for Charles Wurzberger filed plans for new building for 29,912 sqft in Prospect Lefferts Gardens, Brooklyn, on June 07, 2024.
• Candor Capital borrowed $16 million from S3 Capital for 1611-1615 Cedar Avenue, Midwood, Brooklyn on November 09, 2023.
• Yousef Lati sold 1611-1615 Cedar Street, Midwood, Brooklyn for $4.5 million to Candor Capital on November 09, 2023.
• Candor Capital borrowed $18 million from Webster Bank for 333 Linden Blvd, East Flatbush, Brooklyn on November 02, 2023.
• Candor Capital borrowed $14.3 million from Morgan Stanley for 119 South Street and 108 South Street, Financial District, Manhattan on June 26, 2023.
• Emilio Barletta sold 108 South Street, Financial District, Manhattan for $7.6 million to Candor Capital on June 26, 2023.
Latest Stories:
• New Jersey investor pays $7.2M to Candor Capital for Gowanus rental (January 06, 2025)
• Candor Capital pays $19M to Emilio Barletta for 19 units in FiDi (June 27, 2023)
• Candor Capital signs $10.9M refi for development in East Flatbush (April 10, 2023)
Court Records:
Properties: