Community Preservation Corporation
People:
Community Preservation Corporation portfolio
$54.4 million – elevator 88%, walkup 11%; Brooklyn 100%, Manhattan 0%
879th largest portfolio by dollar value
599,143 sqft – elevator 92%, walkup 7%;
515th largest by SF
7 properties – Brooklyn 100%, Manhattan 0%
150th largest
564 residential units – Brooklyn 100%, Manhattan 0%
344th largest by residential units
4 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 9 for $167 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
MHANY Management (4), Stagg Group (2), SMJ Development (2), Bronx Pro Group (2), Yidel Kohn (2), Transitional Services for New York (1), Enterprise Community Partners (1), Walker & Dunlop (1), Elmcor (1), Urban Homesteading Assistance Board (1)
Top Ten Associated People:
Ismene Speliotis (3), Andrew Reicher (2), Mark Stagg (2), Yidel Kohn (2), Larry S. Grubler (1), Shanel Thomas (1), David Cleghorn (1), Michelle de la Uz (1), Jennifer Sanchez (1), Karim Hutson (1)
Latest Stories:
• Stagg Group signs $24.2M refi with Berkadia for 82-unit rental in Wakefield (November 11, 2024)
• MHANY signs $26.4M renovation loan for two walkups in Washington Heights (February 08, 2024)
• Martin Schmell signs $11.5M refi for new 32-unit elevator rental in East Flatbush (April 22, 2022)
• David Natanov borrows $21M from CPC for property in Flatbush (February 10, 2021)
• Larry Hirschfield gets $29.3M rehab loan for 125 units in Soundview (December 16, 2020)
• The Bridge pays $13M to family of Miriam Cohen for property in Morrisania (December 03, 2020)
Litigation: