IceCap Group

(Ice Lender Holdings)

Lender

Private Equity

31 W 34th St. 4th floor New York, NY 10001

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IceCap Group portfolio

$130.9 million – office 100%; Manhattan 100%, Bronx 0%

428th largest portfolio by dollar value

275,609 sqft – office 100%;

929th largest by SF

2 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 18 for $127.2 million

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

Top Ten Associated Companies:

Joel Mittelman (5), Shimshon Grunstein (4), Hershy Silberstein (3), Yitzchok Salamon (2), Israel Chaim Hirsch (2), Chayim Rosenfeld (2), Solomon Schwimmer (1), CSC Coliving (1), Cheskel Schwimmer (1), Mendel Fleischman (1)

Top Ten Associated People:

Joel Mittelman (5), Hershy M. Silberstein (4), Shimshon Grunstein (2), Yitzchok Salamon (2), Chayim Rosenfeld (2), Ascher Berkowitz (2), Solomon Schwimmer (1), Alberto Smeke Saba (1), Salomon Smeke Saba (1), Mendel Fleischman (1)

Latest Stories:

• Shimshon Grunstein gets $5.8M refi with IceCap Group for 20-unit in Williamsbridge (December 16, 2024)

• Builders Group USA pays $4.2M to Pogostin family for dev site in Morrisania (December 04, 2024)

• Hirsch, Rosenfeld sign $8M refi loan with IceCap Group for 43-unit project in East New York (September 30, 2024)

• Joel Schwartz contracted to sell newly built Bed Stuy 6-unit to JG Funding, price not disclosed (June 27, 2024)

• Isreal Chaim Hirsch, Chayim Rosenfeld pay $5.75M for block-thru industrial in East New York (May 16, 2024)

• Skyward Developers signs $24M refi with Castle Lanterra for 81-unit rental in Mt Hope (April 10, 2024)

• Moses Rabinowitz plans 96 units at adjacent East New York conversion projects (January 25, 2024)

• Steven Westreich signs $7M refi loan with Lima One for 23-unit building in Kingsbridge Heights (November 29, 2023)

• Kingsland Properties pays $2.4M for dev site in Bedford Stuyvesant (November 07, 2023)

• Yaakov Lefkowitz signs $10M refi for 35-unit building in Mt Hope (April 26, 2023)

Litigation:

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Properties:

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