LIHC Investment Group

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LIHC Investment Group portfolio

$249.2 million* – elevator 91%, walkup 6%; Bronx 45%, Manhattan 27%

247th largest portfolio by dollar value

2,451,951 sqft – elevator 92%, walkup 7%;

134th largest by SF

18 properties – Bronx 50%, Brooklyn 33%

501th largest

2,192 residential units – Bronx 59%, Brooklyn 31%

104th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $40.1 million

Top Ten Associated People:

Cammeby (3), Ruth Moreira (1), Lauren Conners (1)

Recent activity as company:

Cammeby’s International Group and FBE Limited sold 391 Lorimer Street, 16 Ten Eyck Street, 417 Lorimer Street, N/A Lorimer Street, and N/A Ten Eyck Street, Williamsburg, Brooklyn for $40.1 million to LIHC Investment Group on January 27, 2025.

LIHC Investment Group and Roman Catholic Church borrowed $26.6 million from NYC Housing Development Corporation for 111 Clymer Street, Williamsburg, Brooklyn on January 19, 2023.

Cammeby’s International Group and FBE Limited sold 391 Lorimer Street, 16 Ten Eyck Street, and 417 Lorimer Street, Williamsburg, Brooklyn for $84.9 million to LIHC Investment Group on August 18, 2022.

Settlement Housing Fund borrowed $35 million from ORIX Real Estate for 1595 Fulton Street, Bedford-Stuyvesant, Brooklyn on June 07, 2022.

LIHC Investment Group borrowed $73.1 million from NYC Housing Development Corporation for 158 East 119th Street, 149 East 118th Street, 212 East 119th Street, 2010 Lexington Avenue, 166 East 119th Street, and others, East Harlem, Manhattan on January 18, 2022.

LIHC Investment Group borrowed $74 million from Lument for 21 Spring Street, Nolita, Manhattan on December 07, 2021.

LIHC Investment Group borrowed $17.5 million from Lument for 14 West 107th Street, the Upper West Side, Manhattan on January 22, 2021.

LIHC Investment Group borrowed $26.3 million from Lument for 1952 2nd Avenue and 306 East 100th Street, East Harlem, Manhattan on January 06, 2021.

LIHC Investment Group borrowed $25 million from Lument for 921 Columbus Avenue and 980 Columbus Avenue, the Upper West Side, Manhattan on January 06, 2021.

LIHC Investment Group borrowed $19 million from Lument for 152 Manhattan Avenue, the Upper West Side, Manhattan on January 06, 2021.

Latest Stories:

• LIHC buys out Cammeby’s, FBE for $40.1M at 2 land parcels, 3 rentals in Williamsburg (January 29, 2025)

• LIHC acquires interest from partners Cammeby’s, FBE valued at $84.9M for three walkups with 263 units in Williamsburg (August 19, 2022)

• LIHC Investment signs $74M refi loan with ORIX Real Estate for rental in Nolita (December 08, 2021)

• LIHC Investment Group refis $88.8M with ORIX for property in Upper Manhattan (January 07, 2021)

• Camber Property Group files plans for 181-unit residential building in Fordham (August 28, 2020)

• LIHC Investment cuts interest rate on $8M loan from Prudential Huntoon Paige at 95-unit rental in Inwood (August 24, 2020)

• LIHC Investment Group ups debt by $25M to $65M at rental property in Kips Bay (August 10, 2020)

• LIHC Investment Group borrows $74M from ORIX Real Estate Capital for multifamily property in Nolita (March 19, 2020)

• Maine-based LIHC Investment Group pays $43.9M to DeMatteis Organization for multifamily property in Nolita (March 09, 2020)

• LIHC Investment Group, Belveron Partners and Camber Property Group buy affordable portfolio from Cammeby’s valued at $170M (January 09, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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