Clipper Equity

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Clipper Equity portfolio

$809.4 million – elevator 75.0%, condo 12.0%; Manhattan 53.0%, Brooklyn 46.0%

71th largest portfolio by dollar value

5,484,141 sqft – elevator 78.0%, D6 10.0%;

50th largest by SF

153 properties – Manhattan 83%, Brooklyn 16%

40th largest

6,521 residential units – Brooklyn 79.0%, Manhattan 20.0%

23th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 9 for $974 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Valley National Bank (5), New York Community Bank (3), Slate Property Group (1), Harry Daskal (1), Harry Einhorn (1), MetLife (1), Cross River Bank (1), Bank Mizrahi-Tefahot (1), Be Aviv (1), Bank Hapoalim (1)

Top Ten Associated People:

Jeffrey Puchin (4), Stephen Krasman (1), Harry Daskal (1), Boris Saks (1), Shimon Eisikowicz (1), Ilana Druyan (1), David Kesselman (1), Simon B. Burce (1), Tina Lin (1), Robyn Sorid (1)

Latest Stories:

• Clipper Equity signs $430M refi for 720-unit rental in Greenpoint (June 07, 2024)

• Clipper Equity signs $95M construction loan with Bank Hapoalim for 130-unit project in Flatbush (April 18, 2024)

• Clipper Equity signs $105M construction loan in Flatbush (March 28, 2024)

• Clipper Equity signs $140M construction loan with Slate for 354-unit Flatbush project (March 14, 2024)

• Clipper Equity signs $20M loan for newly completed rental in Crown Heights (September 25, 2023)

• Clipper Equity signs $123M new construction loan for 234-unit project in Crown Heights (August 21, 2023)

• Clipper, Anshel Fridman pay $90.7M to Vornado, Sears affiliate for 429-unit dev site in Flatbush (May 17, 2022)

• Clipper Equity adds to Crown Heights assemblage, obtains $30M loan (January 13, 2022)

• Clipper Equity pays $26M for industrial in Crown Heights (January 05, 2022)

• Empire State Realty buys two rentals with 625 units from Fetner for $307M (January 05, 2022)

Litigation:

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Properties:

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