NYS Housing Finance Agency
People:
Company Activity past 24 months:
Lender company: 18 for $2.6 billion
Top Ten Associated Companies:
L+M Development Partners (9), Fetner Properties (2), Empire State Realty Trust (2), Community Access (2), Rose Associates (2), Breaking Ground (2), Apex Building Group (2), Monadnock Development (2), RiseBoro Community Partnership (2), Goldman Sachs (2)
Top Ten Associated People:
Spencer Orkus (3), Harold A. Fetner (2), Thomas N. Keltner, Jr. (2), David Beer (2), Lee A. Brathwaite (2), David Dishy (2), Salvatore Gigante (1), Daniel Moritz (1), Scott Barkin (1), Jonathan Gouveia (1)
Recent activity as company:
• L+M Development Partners and Merchants Capital borrowed $326.3 million from NYS Housing Finance Agency for N/A Fountain Avenue, N/A Erskine Street, and N/A Fountain Avenue, None, Brooklyn on January 29, 2025.
• Related Companies borrowed $100 million from TYKO Capital for 400-410 East 84th Street, Yorkville, Manhattan on January 23, 2025.
• Two Trees Management borrowed $243.7 million from Fannie Mae, NYS Housing Finance Agency and Wells Fargo for 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, and 325 Kent Avenue, Williamsburg, Brooklyn on January 09, 2025.
• Dermot Company borrowed $130 million from NYS Housing Finance Agency and Mizuho Capital Markets for 29 Flatbush Avenue, 29 Flatbush Avenue, 29 Flatbush Avenue, and 29 Flatbush Avenue, None, Brooklyn on January 03, 2025.
• Breaking Ground borrowed $120.8 million from NYS Housing Finance Agency for 1760 3rd Avenue, Carnegie Hill, Manhattan on January 02, 2025.
• Glenwood Management borrowed $209.6 million from NYS Housing Finance Agency for 320 West 38th Street, Garment District, Manhattan on November 20, 2024.
• Georgica Green Ventures and RiseBoro Community Partnership borrowed $165.1 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 2015 Boardwalk West, Coney Island, Brooklyn on July 03, 2024.
• Azimuth Development Group borrowed $68.9 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 450 East 158th Street and 407-409 East 158th Street, Melrose, Bronx on April 10, 2024.
• Vaya Development borrowed $65.6 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1940-1942 Jerome Avenue, Mt Hope, Bronx on April 10, 2024.
• Gotham Organization, Christian Cultural Center and Monadnock Development borrowed $217.4 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 30 Inspiration Lane, East New York, Brooklyn on April 08, 2024.
Latest Stories:
• Glenwood Management signs $209.6M refi for 569-unit rental in Garment District (November 21, 2024)
• Atlas Capital pays $202.5M to KKR, Dalan for 365-unit rental in Fort Greene (October 22, 2024)
• Vaya Development signs $65.6M construction loan for 114-unit project in Mt Hope (April 11, 2024)
• Azimuth signs $68.9M construction loan for 129 units in Melrose (April 11, 2024)
• L+M Development signs $106.6M construction loan for development in Brownsville (April 09, 2024)