Nalcorp

Nalcorp portfolio

$7 million* – elevator 82%, walkup 13%; Brooklyn 100%, Manhattan 0%

3231th largest portfolio by dollar value

44,053 sqft – elevator 82%, walkup 9%;

3054th largest by SF

3 properties – Brooklyn 100%, Manhattan 0%

2523th largest

47 residential units – Brooklyn 100%, Manhattan 0%

2240th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $14 million

Top Ten Associated Companies:

Valley National Bank (2), Vibert McEwen (1), Vornado Realty Trust (1), Transformco (1), Bank of Montreal (1)

Top Ten Associated People:

Vibert McEwen (1), Steven Borenstein (1), D. Scott Carr (1), Michael Birajiclian (1)

Recent activity as company:

• Nalcorp borrowed $14 million from Bank of Montreal for 876 Dekalb Avenue and 374 Kosciuszko Street, Bedford Stuyvesant, Brooklyn on April 04, 2024.

• Clipper Equity and Nalcorp borrowed $6.7 million from Valley National Bank for 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn on December 22, 2022.

• Clipper Equity and Nalcorp borrowed $67.5 million from Valley National Bank for 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn on May 16, 2022.

• Transformco sold 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn for $40.3 million to Clipper Equity and Nalcorp on May 16, 2022.

• Vornado Realty Trust sold 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn for $50.6 million to Clipper Equity and Nalcorp on May 16, 2022.

• Vibert McEwen sold 880 Rogers Avenue and 2601 Snyder Avenue, East Flatbush, Brooklyn for $4.5 million to Nalcorp on January 20, 2022.