Realterm

Realterm portfolio

$54 million* – industrial 96%, specialty 3%; Bronx 60%, Queens 25%

905th largest portfolio by dollar value

625,296 sqft – industrial 94%, specialty 5%;

516th largest by SF

11 properties – Bronx 72%, Queens 18%

780th largest

Company Activity past 24 months:

Borrower company: 1 for $119.1 million

Top Ten Associated Companies:

BMO Harris (1), Beverage Distribution Center (1), Ace Endico (1), Hampshire Companies (1), BMO Harris Bank (1), JPMorgan Chase (1), Parallel Products (1), Manya Operating (1), Regions Bank (1), American Compressed Gases (1)

Top Ten Associated People:

Lewis Gantman (1), William Endico (1), Eugene W. Kiesel (1), Mark Kaufman (1), Keith A. Ramsdell (1), Donald R. DeLuca (1)

Recent activity as company:

Realterm borrowed $119.1 million from JPMorgan Chase for 154-68 Brookville Blvd, JFK Airport, Queens on August 04, 2023.

Realterm borrowed $15 million from BMO Harris for 34-52 Laurel Hill Blvd, Sunnyside, Queens on January 14, 2022.

Beverage Distribution Center sold 50-35 56th Road, Maspeth, Queens for $132 million to Realterm on January 07, 2022.

Realterm borrowed $42 million from BMO Harris Bank for 512 Gardner Avenue, East Williamsburg, Brooklyn on December 30, 2021.

Ace Endico sold 4825 Baldwin Street and 4835 Baldwin Street, None, Bronx for $21 million to Realterm on November 30, 2021.

RLR Investments sold 512 Gardner Avenue, East Williamsburg, Brooklyn for $70 million to Realterm on November 12, 2021.

American Compressed Gases sold 34-52 Laurel Hill Blvd, Sunnyside, Queens for $25 million to Realterm on November 10, 2021.

Parallel Products sold N/A Rose Feiss Boulevard, N/A Rose Feiss Boulevard, and 900 East 138th Street, Mott Haven, Bronx for $37.8 million to Realterm on May 26, 2021.

Manya Operating sold 209 Gardner Avenue, Brooklyn, Brooklyn for $28 million to Realterm on November 06, 2020.

Realterm borrowed $72.5 million from Regions Bank for 1502 Bassett Avenue, 1538 Stillwell Avenue, Bassett Avenue, Parkchester, Bronx on July 17, 2020.

Latest Stories:

• MCR Hotels signs $290M refi for TWA Hotel at JFK, up from $270M (June 14, 2024)

• Realterm signs $119.1M construction loan with JPMorgan Chase project at JFK Airport (August 07, 2023)

• Realterm signs $15M acquisition loan with BMO Harris for industrial dev site in Maspeth (January 17, 2022)

• Realterm pays $132M for industrial in Maspeth, 6th purchase totaling $314M in 2 years (January 10, 2022)

• Realterm pays $21M in Bronx, has bought $186M in two years (December 01, 2021)

• Realterm pays $70M to RLR Investments for dev site in East Williamsburg (November 15, 2021)

• Realterm pays $25M to American Compressed Gases for warehouse in Sunnyside (November 11, 2021)

• Realterm pays $37.8M to Parallel Products for warehouses in Mott Haven, last sold for $5M in 2006 (May 27, 2021)

• Realterm Logistics pays $28M to Manya Operating for warehouse in Brooklyn (November 09, 2020)

• Realterm adds Bronx properties to existing $72.5M in debt from Regions Bank (July 20, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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