Red Apple Group
People:
Red Apple Group portfolio
$327.5 million – condo 91%, retail 4%; Brooklyn 86%, Manhattan 13%
181th largest portfolio by dollar value
1,299,780 sqft – condo 92%, N2 4%;
255th largest by SF
24 properties – Brooklyn 66%, Manhattan 33%
133th largest
1,093 residential units – Brooklyn 100%, Manhattan 0%
206th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $22.5 million
Seller company: 0 for $0
Borrower company: 2 for $65 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank of America (3), M&T Bank (3), HSBC Bank (1), Mordechai Fleischer (1), Popular Bank (1), JPMorgan Chase (1), Wells Fargo (1), Bank Leumi (1), Congregation of Divine Providence (1)
Top Ten Associated People:
Leeanne Martz (2), John A. Rojas (1), Mordechai Fleischer (1), Joseph Farrauto (1), David Arza (1), Christopher Zimmermann (1), Barbara Rohe (1)
Latest Stories:
• Red Apple Group pays $22.5M for building adjacent to Chelsea dev site (November 29, 2024)
• Red Apple Group signs $57M construction loan for 104-unit project in Chelsea (August 05, 2024)
• John Catsimatidis, Red Apple Group pay $2.5M for two vacant lots in Coney Island (August 03, 2022)
• Red Apple Group ups debt by $23.2M for new 425-unit rental in Coney Island (July 27, 2022)
Litigation: