Davis Companies
Davis Companies portfolio
$11.8 million* – industrial 63%, development 36%; Queens 63%, Manhattan 36%
2404th largest portfolio by dollar value
183,612 sqft – industrial 82%, F9 17%;
1297th largest by SF
5 properties – Manhattan 80%, Queens 20%
1597th largest
93 residential units – Manhattan 100%, Bronx 0%
1488th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $47.5 million
Seller company: 1 for $24.1 million
Borrower company: 1 for $33.4 million
Top Ten Associated Companies:
Square Mile Capital Management (1), Innovo (1), Kayne Anderson Capital Advisors (1), City National Bank (1), Lonicera Partners (1), Yitzchok Katz (1), Moustafa Elsheshtawy (1), Gus Papadimitriou (1), RoundSquare Development (1), Azimuth Development Group (1)
Top Ten Associated People:
Daniel Kasell (1), William Matthews (1), Yitzchok Katz (1), Moustafa Elsheshtawy (1), Michael C. Fox (1), Abraham Moshel (1)
Recent activity as company:
• Davis Companies borrowed $33.4 million from First-Citizens Bank & Trust Company for 1975 Madison Avenue, East Harlem, Manhattan on December 21, 2023.
• Jacob Schwimmer borrowed $63 million from Valley National Bank for 540 Atlantic Avenue, Boerum Hill, Brooklyn on December 06, 2023.
• RoundSquare Development and Azimuth Development Group sold 1971 Madison Avenue and 45 East 126th Street, East Harlem, Manhattan for $12 million to Davis Companies on July 28, 2023.
• Lonicera Partners sold 55 Willoughby Street, Downtown Brooklyn, Brooklyn for $35.4 million to Davis Companies and Lonicera Partners on June 06, 2023.
• Davis Companies sold 570 Fulton Street, Fort Greene, Brooklyn for $24.1 million to Yitzchok Katz on February 15, 2023.
• Gus Papadimitriou borrowed $0 from Davis Companies for 540 Atlantic Avenue, Boerum Hill, Brooklyn on November 07, 2022.
• Lonicera Partners, Orange Management and Davis Companies sold 76 Schermerhorn Street and 76 Schermerhorn Street, Brooklyn Heights, Brooklyn for $2.9 million to Moustafa Elsheshtawy on October 06, 2022.
• Davis Companies borrowed $33.3 million from City National Bank for 58-30 Grand Avenue, Maspeth, Queens on May 13, 2022.
• Square Mile Capital Management and Innovo sold 58-30 Grand Avenue, Maspeth, Queens for $51.2 million to Davis Companies on May 13, 2022.
• Davis Companies borrowed $84.4 million from Santander Bank for 165 West 29th Street and 155 West 29th Street, Chelsea, Manhattan on July 20, 2021.
Latest Stories:
• Jacob Schwimmer pays $38M for office in Boerum Hill, possible dev site (December 06, 2023)
• Davis Companies pays $12M for dev site in East Harlem (July 31, 2023)
• Davis Companies buys $21.6M note secured by office building in Boerum Hill (November 08, 2022)
Properties: