Carmel Partners

People:

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Carmel Partners portfolio

$24.3 million – development 75.0%, mixed-use 14.0%; Manhattan 39.0%, Queens 34.0%

1517th largest portfolio by dollar value

14,029 sqft – mixed-use 56.0%, office 22.0%;

4722th largest by SF

9 properties – Manhattan 44%, Brooklyn 33%

148th largest

1,680 residential units – Queens 55.0%, Brooklyn 35.0%

125th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 1 for $45 million

Borrower company: 3 for $418.7 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Wells Fargo (2), Brookfield Properties (1), Rita Chou (1), Stockbridge Capital Group (1), Stonehenge NYC (1), Stawski Partners (1), Pontegadea (1), PNC Bank (1), PCCP (1), Goldman Sachs (1)

Top Ten Associated People:

Regina Chou (1), Rita Chou (1), Rachel Chou (1), Mark Carlson (1), Axel (Abraham) Stawski (1), Chinar Mithani Starck (1), Patricia Alonso Gonzalez (1), Thomas Murta (1), William R. Lindsay (1), Daniel Alger (1)

Latest Stories:

• AYA pays $45M to Carmel for 151-unit rental in Lenox Hill (December 20, 2024)

• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi (May 23, 2024)

• Carmel Partners signs $153M construction loan with Northwestern Mutual for 94-unit project in Lenox Hill (September 20, 2023)

• Grubb Properties signs $45.1M refi loan with Naftali Credit Partners for 388-unit development in FiDi (August 11, 2023)

• Carmel Partners signs $233M construction loan for 569-unit development in Crown Heights (August 11, 2023)

• Carmel Partners signs $22M refi loan with PNC Bank for 569-unit dev site in Brooklyn (October 06, 2022)

• Pontegadea pays $487.5M to Carmel Partners for 483-unit rental in FiDi, assumes $272M loan (September 30, 2022)

• Carmel Partners signs $500M construction loan with Wells Fargo for 923-unit development in Long Island City (September 15, 2022)

• Stockbridge Capital, Stonehenge sign $73.4M refi for newly acquired rental in Yorkville (May 02, 2022)

• Carmel Partners pays $176M to Stawski Partners for LIC dev site (March 25, 2022)

Properties:

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