Dermot Company
People:
Dermot Company portfolio
$1.2 billion – condo 61%, elevator 38%; Manhattan 72%, Brooklyn 22%
50th largest portfolio by dollar value
4,496,090 sqft – condo 57%, elevator 42%;
62th largest by SF
31 properties – Manhattan 51%, Brooklyn 38%
126th largest
4,450 residential units – Manhattan 63%, Brooklyn 28%
36th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $370 million
Seller company: 0 for $0
Borrower company: 2 for $393 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Helaba (2), Azora Exan (2), Hampshire Properties (1), Signature Bank (1), Capital One (1), PNC Bank (1), Forethought Life Insurance Company (1), DTH Capital (1), Eastbridge Group (1), AG Real Estate (1)
Top Ten Associated People:
Thomas Rosenthal (1), Gregory Fantauzzi (1), Prithvi Mohan (1), Benjamin H. Kepley (1), Douglas Gladstone (1), Celine Comeau (1), Jason Beren (1), Russell Hubley (1)
Latest Stories:
• Dermot Company pays $370M to DTH Capital for FiDi rental (August 20, 2024)
• Dermot Company pays $45.5M to Azora Exan for 84-unit rental in Boerum Hill (October 21, 2022)
• Dermot signs $116.5M loan with Helaba for 147-unit rental in Lenox Hill (July 25, 2022)
Litigation: