Loketch Group

People:

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Loketch Group portfolio

$53.4 million – elevator 63%, office 16%; Brooklyn 100%, Manhattan 0%

895th largest portfolio by dollar value

304,644 sqft – elevator 67%, office 17%;

871th largest by SF

19 properties – Brooklyn 100%, Manhattan 0%

138th largest

489 residential units – Brooklyn 100%, Manhattan 0%

378th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $16.8 million

Seller company: 1 for $19 million

Borrower company: 1 for $23.8 million

Lender company: 0 for $0

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

Top Ten Associated People:

Kenneth Golden (1), Loretta Marotto (1), Daniel Cohen (1), DuWayne C. Pass (1), Laurance Nagin (1)

Latest Stories:

• Nagin family’s Superior Management pays $18.99M to Loketch Group for 10-unit Williamsburg rental (October 02, 2024)

• Loketch Group pays $6M to church for dev site with 19 units planned in Crown Heights (April 08, 2024)

• Loketch Group signs $23.8M construction loan with iCross for 32 units in Crown Heights (September 15, 2023)

• Loketch Group pays $8.3M for 32-unit dev site in Crown Heights (September 11, 2023)

• Loketch Group files plans for 32-unit project in Crown Heights (May 05, 2023)

• Loketch Group pays $2.5M to E&M Builders for Crown Heights dev site (February 28, 2023)

• Loketch Group borrows $19.5M from Citigroup for new office building in Bedford-Stuyvesant (April 09, 2021)

• Jacob Sofer pays $16M to All Year Management for two parcels in Brooklyn (December 17, 2020)

• Loketch Group and Meral Property Group pay $29M to Salvation Army for development in Clinton Hill (January 15, 2020)

• Loketch Group and Meral Property Group borrow $50M from S3 Capital Partners for new construction in Clinton Hill (January 15, 2020)

Properties:

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