Loketch Group

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Loketch Group portfolio

$52.9 million* – elevator 64%, office 16%; Brooklyn 100%, Manhattan 0%

917th largest portfolio by dollar value

300,803 sqft – elevator 68%, office 17%;

896th largest by SF

18 properties – Brooklyn 100%, Manhattan 0%

510th largest

489 residential units – Brooklyn 100%, Manhattan 0%

430th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $16.8 million

Seller company: 1 for $19 million

Borrower company: 2 for $173.8 million

Top Ten Associated Companies:

Maxim Capital Group (2), Slate Property Group (2), Societe Generale (2), The Collective (1), Citibank (1), Scale Lending (1), BridgeCity Capital (1), E&M Builders Group (1), TPG Real Estate Partners (1), Loretta Marotto (1)

Top Ten Associated People:

Kevin Michael O’Sullivan (1), Kenneth Golden (1), Martin Davidson (1), Loretta Marotto (1), Daniel Cohen (1), DuWayne C. Pass (1), Laurance Nagin (1)

Recent activity as company:

• Loketch Group sold 207 South 3rd Street and 207 South 3rd Street, Williamsburg, Brooklyn for $19 million to Superior Management on October 02, 2024.

• Joyland Group and Loketch Group borrowed $150 million from TPG Real Estate Partners for 28 Boerum Street, Williamsburg, Brooklyn on July 31, 2024.

• Solid Rock Pentecostal Church sold 817 Classon Avenue, Crown Heights, Brooklyn for $6 million to Loketch Group on April 05, 2024.

• Loketch Group for Moishe Loketch filed plans for new building for 24,327 sqft in Crown Heights, Brooklyn, on January 26, 2024.

• Loketch Group borrowed $23.8 million from iCross Capital for 630 Grand Avenue, 399 Prospect Place, and N/A Grand Avenue, Crown Heights, Brooklyn on September 14, 2023.

• Loretta Marotto sold 630 Grand Avenue and N/A Grand Avenue, Crown Heights, Brooklyn for $8.3 million to Loketch Group on September 08, 2023.

• Loketch Group for Moishe Loketch filed plans for new building for 46,192 sqft in Crown Heights, Brooklyn, on May 01, 2023.

• E&M Builders Group sold 399 Prospect Place, Crown Heights, Brooklyn for $2.5 million to Loketch Group on February 27, 2023.

• Loketch Group, Joyland Group and Meral Property Group borrowed $90 million from Scale Lending and Slate Property Group for 275 Lorimer Street, Williamsburg, Brooklyn on December 06, 2022.

• The Collective sold 268 Lorimer Street, Williamsburg, Brooklyn for $53.9 million to Loketch Group, Joyland Group and Meral Property Group on February 01, 2022.