Maverick Real Estate Partners
People:
Maverick Real Estate Partners portfolio
$30.9 million – hotel 49%, retail 27%; Manhattan 76%, Queens 16%
1278th largest portfolio by dollar value
214,538 sqft – hotel 72%, elevator 11%;
1113th largest by SF
6 properties – Manhattan 33%, Brooklyn 33%
151th largest
43 residential units – Queens 58%, Brooklyn 41%
755th largest by residential units
37 foreclosures, 2 bankruptcies, 27 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $115.9 million
Seller company: 5 for $13.6 million
Borrower company: 0 for $0
Lender company: 10 for $3.9 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
All Year Management (3), Chetrit Group (2), Comjem Associates (2), Thor Equities (2), Aron Rosenberg (2), J&C International Group (1), Bradley Joseph (1), Shepard Ellenberg (1), Anthony Lolli (1), Herman Epstein (1)
Top Ten Associated People:
Bradley Joseph (1), Lawrence Linksman (1), Elizabeth Chery (1), Nechemia Weinberger (1), Phillip Miller (1), Jane Weng (1), Richard Shiu (1), Joseph Freund (1), Bert Baradarian (1), Michael M. Wittow (1)
Latest Stories:
• Maverick acquires in auction Thor’s Meatpacking retail with $27M judgment (November 17, 2024)
• 3 Garment District properties with $52M Lightstone loan, placed in bankruptcy (September 27, 2024)
• Maverick buys $7.2M note secured by highly litigated Lincoln Square townhouse (August 16, 2024)
• Courts roundup: Foreclosure updates for Thor, Croman, Magnum (January 09, 2024)
• Jung Ho Park pays $5M for hotel in Chelsea (November 30, 2023)
• Bankruptcies: $5M in Bushwick, $6.3M for fee developer (November 13, 2023)
• Ryan Forman pays $3.9M to Maverick for 16-unit walkup in Brooklyn Heights (October 06, 2023)
Litigation: