Grubb Properties

4601 Park Road Suite 450. Charlotte, NC 28209

People:

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Grubb Properties portfolio

$19.1 million – development 56%, office 42%; Manhattan 56%, Queens 43%

1771th largest portfolio by dollar value

54,000 sqft – office 100%, development 0%;

2726th largest by SF

3 properties – Queens 66%, Manhattan 33%

154th largest

879 residential units – Manhattan 52%, Queens 47%

246th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 6 for $450.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Eric Sadkin (2), Glenn Grimaldi (1), Eric Chan (1), Joshua Knoll (1), In Ku Lee (1), Michael P. McTigue (1), Vasiliki Falidas (1), Richard Ohebshalom (1), John Falidas (1), Vasilios Falidas (1)

Latest Stories:

• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi (May 23, 2024)

• Grubb Properties signs $150M senior construction loan for 417-unit project in LIC, part of $214.5M in financing (May 09, 2024)

• Grubb Properties signs $40M refi loan with Maxim Capital for 317-unit LIC project (September 28, 2023)

• Grubb Properties signs $45.1M refi loan with Naftali Credit Partners for 388-unit development in FiDi (August 11, 2023)

• Grubb Properties signs $25M initial loan with Emerald Creek for 317-unit LIC dev site (January 06, 2022)

• Grubb Properties acquires Pink Stone Capital’s 111 Washington in FiDi for $89.2M (September 24, 2021)

• Grubb Properties in contract to buy 54K LIC office building (March 29, 2021)

• Carmel Partners borrows from Axos Bank against $80M Pink Stone loan in FiDi (November 17, 2020)

Properties:

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