CW Realty Group

CW Realty Group portfolio

$59.9 million* – walkup 46%, elevator 41%; Brooklyn 80%, Manhattan 13%

840th largest portfolio by dollar value

284,156 sqft – elevator 46%, walkup 39%;

931th largest by SF

30 properties – Brooklyn 76%, Queens 16%

336th largest

440 residential units – Brooklyn 93%, Manhattan 3%

486th largest by residential units

7 foreclosures, 0 bankruptcies, 13 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $15.8 million

Borrower company: 3 for $117.6 million

Top Ten Associated Companies:

Carlyle Group (4), Greenbrook Partners (4), Bank of Princeton (2), Bank Hapoalim (2), Cross River Bank (2), Rojas family (1), JG Funding (1), UMB Bank (1), Kent House (Brooklyn, NY) (Senior Note) Lease-Backed Pass-Through Trust (1), Secured Debt Investments (1)

Top Ten Associated People:

Carter Martin (3), Shimon Eisikowicz (2), Steve Caligor (1), Gregory Nuber (1), Josh Grunzweig (1), Dillon Butler (1), Vincent Nicastro (1), Joseph Nicastro (1), Thomas Hussey (1), Jeffrey Puchin (1)

Recent activity as company:

• Lewis Miller sold 42-08 35th Avenue and 35-17 42nd Street, Astoria, Queens for $15.8 million to Hakimian Organization and CW Realty Group on January 27, 2025.

• CW Realty Group borrowed $44 million from H.I.G. Capital for 1499 Bedford Avenue, Crown Heights, Brooklyn on January 09, 2024.

• CW Realty Group borrowed $31 million from Bank of Princeton for 280 Meeker Avenue, Williamsburg, Brooklyn on October 03, 2023.

• CW Realty Group borrowed $42.6 million from Valley National Bank for 68 Gold Street, Vinegar Hill, Brooklyn on April 14, 2023.

• CW Realty Group borrowed $0 from Secured Debt Investments for 77 Jefferson Street and 1092 Nostrand Avenue, Bushwick, Brooklyn on January 30, 2023.

• Vincent Nicastro and Joseph Nicastro sold 296 4th Avenue, Gowanus, Brooklyn for $0 to CW Realty Group on November 21, 2022.

• CW Realty Group borrowed $25 million from Cross River Bank for 1499 Bedford Avenue, Crown Heights, Brooklyn on November 17, 2022.

• CW Realty Group borrowed $19 million from Cross River Bank for 1499 Bedford Avenue, Crown Heights, Brooklyn on November 14, 2022.

• CW Realty Group sold 1913 Palmetto Street, Ridgewood, Queens for $2.3 million to Carlyle Group and Greenbrook Partners on October 17, 2022.

• CW Realty Group borrowed $61.7 million from UMB Bank and Kent House (Brooklyn, NY) (Senior Note) Lease-Backed Pass-Through Trust for 187 Kent Avenue, Williamsburg, Brooklyn on September 20, 2022.