Equity Resource Investments
People:
Equity Resource Investments portfolio
$20.3 million* – industrial 100%; Brooklyn 53%, Bronx 46%
1732th largest portfolio by dollar value
203,743 sqft – industrial 100%;
1194th largest by SF
4 properties – Bronx 50%, Brooklyn 50%
1860th largest
Company Activity past 24 months:
Seller company: 6 for $173.5 million
Borrower company: 3 for $25.8 million
Top Ten Associated Companies:
Carlyle Group (4), Extra Space Storage Inc. (3), Heitman LLC (2), Adams & Company (1), Saperean Capital (1), Axos Bank (1)
Top Ten Associated People:
Wonjoong Kim (4), Kirk Grimshaw (3), Jonathan Lindell (2), David Levy (1), Eshel Bar-Adon (1)
Recent activity as company:
• Equity Resource Investments and SNL Storage borrowed $9 million from Extra Space Storage Inc. for 4139 Boston Road, Eastchester, Bronx on July 30, 2024.
• Equity Resource Investments and SNL Storage borrowed $7.1 million from Extra Space Storage Inc. for 629 3rd Avenue, Greenwood Heights, Brooklyn on July 25, 2024.
• Equity Resource Investments borrowed $9.7 million from Extra Space Storage Inc. for 1249 Coney Island Avenue, Midwood, Brooklyn on July 15, 2024.
• Equity Resource Investments and SNL Storage sold 87-16 121st Street, Richmond Hill, Queens for $50.3 million to Carlyle Group on April 26, 2024.
• Equity Resource Investments and SNL Storage sold 1690-1696 East New York Avenue, Brownsville, Brooklyn for $20 million to Carlyle Group on April 24, 2024.
• Equity Resource Investments and SNL Storage sold 145 18th Street, Greenwood Heights, Brooklyn for $25.6 million to Carlyle Group on April 23, 2024.
• Equity Resource Investments and SNL Storage sold 651 Utica Avenue, East Flatbush, Brooklyn for $14.5 million to Carlyle Group on April 22, 2024.
• Equity Resource Investments and SNL Storage sold 2036 Webster Avenue, Tremont, Bronx for $16.2 million to Heitman LLC on February 22, 2024.
• Equity Resource Investments and SNL Storage sold 1296 East 14th Street, Midwood, Brooklyn for $46.9 million to Heitman LLC on February 22, 2024.
• SNL Storage and Equity Resource Investments borrowed $28.6 million from Axos Bank for 581 Austin Place, Longwood, Bronx on June 30, 2022.
Latest Stories:
• Equity Resource, SNL sign $7.1M refi with Extra Space Storage in Greenwood Heights (July 26, 2024)
• Carlyle signs $83M acquisition loan with Prudential for storage in NYC (May 01, 2024)
• Carlyle buys storage building for $50.4M, last in 4-building, $110M deal (April 26, 2024)
• Carlyle Group pays $14.5M to Equity Resource, SNL for storage in East Flatbush (April 23, 2024)
• Heitman pays $63.1M for storage in Midwood, Tremont (February 23, 2024)
• SNL Storage pays $11.8M to John Livingston for property in Morrisania (March 05, 2021)
Properties: