Real Estate Equities Corporation

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Real Estate Equities Corporation portfolio

$21.9 million – mixed-use 62%, development 37%; Manhattan 100%, Bronx 0%

1628th largest portfolio by dollar value

43,803 sqft – mixed-use 100%, development 0%;

3025th largest by SF

10 properties – Manhattan 100%, Bronx 0%

147th largest

11 residential units – Manhattan 100%, Bronx 0%

787th largest by residential units

Top Ten Associated Companies:

Parkview Financial (1), Raven Capital Management (1), Heritage Capital Management (1), Khedouri Associates (1), Kinsmen Property Group (1), Regal Acquisitions (1), GDS (1), Related Companies (1), Nightingale Properties (1)

Top Ten Associated People:

Ted Jung (1), Lawrence Khedouri (1), Ari Zagdanski (1), Brian Sedrish (1), Elie Schwartz (1)

Latest Stories:

• Kinsmen refiles demo plans where Brandon Miller proposed 72K office building (October 03, 2024)

• Bankruptcy filed for Chelsea dev site affiliated with late developer Brandon Miller (July 15, 2024)

• REEC signs $60.5M land loan with Raven Capital for 72K sf dev project in Nolita (September 19, 2022)

• REEC signs $70M refi with Parkview Financial for dev site in East Village (June 24, 2022)

• REEC signs $40M construction loan with Related for East Harlem project Nightingale to buy (November 24, 2021)

• Madison Realty files $48M pre-foreclosure at REEC site in East Village (August 13, 2021)

• Nightingale Properties in contract to buy from Real Estate Equities Corp. mixed-use building in East Harlem (May 26, 2021)

• REEC to demolish two-story building in East Harlem where it signed $27M lease (October 21, 2020)

• Real Estate Equities Corp. signs $50M ground lease with Kinsmen for Bowery buildings in Nolita (September 02, 2020)

• Benny Barmapov borrows $7.6M from Popular Bank for property in Chelsea (May 13, 2020)

Properties:

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