Midtown Equities

Midtown Equities portfolio

$107 million – specialty 45%, office 32%; Manhattan 83%, Brooklyn 16%

520th largest portfolio by dollar value

500,747 sqft – office 36%, specialty 31%;

595th largest by SF

6 properties – Manhattan 83%, Brooklyn 16%

151th largest

121 residential units – Brooklyn 100%, Manhattan 0%

677th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 1 for $0

Borrower company: 1 for $103 million

Lender company: 1 for $5 million

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

Top Ten Associated People:

Kenneth A. Stagnari (1), David Homsher (1), Jonathan Misher (1), Jessica Wong (1), Ryan Supple (1), Jonathan Landau (1), Michael Weitzman (1)

Latest Stories:

• Landau Properties signs contract to buy 136-unit dev site from Midtown Equities in Brooklyn Heights (April 09, 2024)

• Midtown Equities signs $103M refi for Battery Maritime Building in FiDi, up from $60M (March 08, 2024)

• Aurora Capital Associates, Midtown Equities sign $66M refi in Brooklyn Heights (June 23, 2023)

• Midtown Equities signs $45M refi loan with Signature Bank for office in Brooklyn Heights (September 01, 2022)

• Midtown Equities signs $60M refi loan with ACORE at Governors Island Ferry building (June 08, 2022)

• Aurora Capital, Midtown Equities sign $43.5M construction loan with Centennial Bank for 121-unit development in Brooklyn Heights (August 25, 2021)

• Michael Weitzman pays $7.5M to Jeffry Cohen for mixed-use building in Williamsburg (August 20, 2021)

• Midtown Equities signs $40M refi loan with M&T Bank for office building in Brooklyn Heights (July 12, 2021)

• Aurora Capital permitted for 121-unit building in Brooklyn Heights (October 07, 2020)

• MIDTOWN EQUITIES obtained financing of $112M from ACORE CAPITAL MORTGAGE (July 16, 2019)

Litigation:

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Properties:

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