Phoenix Realty Group

Phoenix Realty Group portfolio

$122.1 million – condo 46%, elevator 26%; Bronx 59%, Brooklyn 40%

455th largest portfolio by dollar value

1,142,944 sqft – condo 47%, elevator 35%;

292th largest by SF

10 properties – Bronx 70%, Brooklyn 30%

147th largest

1,472 residential units – Bronx 69%, Brooklyn 30%

148th largest by residential units

Top Ten Associated Companies:

NYC Housing Development Corporation (2), Arker Companies (2), Abrams Capital (1), Belveron Partners (1), NYC Department of Housing Preservation and Development (1), Wells Fargo (1), Rocco Ron Romeo (1), Settlement Housing Fund (1), Capital One (1)

Top Ten Associated People:

Daniel Moritz (2), Ruth Moreira (1)

Latest Stories:

• Phoenix Realty acquires interest from Abrams Capital, Belveron valued at $95M for five properties in Bronx (February 01, 2022)

• Phoenix Realty pays Joel Gluck’s Spencer Equity $91M for eight rentals in Soundview (October 05, 2021)

• Arker Companies pays $33.5M to Phoenix Realty Group for rentals in Bedford-Stuyvesant (November 25, 2020)

• Phoenix Realty Group and Artimus receive NB construction permit for a 543-unit, residential building in Jamaica (July 17, 2020)

• Joel Gluck borrows $50M from Santander Bank for multifamily property in Bronx (January 09, 2020)

• Artimus and Phoenix Realty Group revise Jamaica ground lease at lower value for 543-unit project (January 07, 2020)

• Artimus, Phoenix Realty Group, borrow $181M from NYC Housing Development Corp. for new construction in Jamaica (January 07, 2020)

• Goldman Sachs fund acquires interest from Settlement Housing Fund valued at $35.5M for multifamily in Gravesend (January 02, 2020)

• Rocco Ron Romeo obtained financing of $5M from Valley National Land   (August 14, 2019)

Properties:

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