REDA Group

People:

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REDA Group portfolio

$9.7 million* – hotel 100%; Bronx 51%, Brooklyn 48%

2714th largest portfolio by dollar value

42,887 sqft – hotel 100%;

3101th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

3228th largest

Company Activity past 24 months:

Borrower company: 1 for $7.2 million

Top Ten Associated Companies:

Alpine Capital Bank (1), New Millennium Bank (1)

Top Ten Associated People:

Kevin Joo Lee (1)

Recent activity as company:

• REDA Group borrowed $7.2 million from New Millennium Bank for 3294 Atlantic Avenue, East New York, Brooklyn on April 15, 2024.

• REDA Group for Joseph Yunatanov filed plans for new building for 53,267 sqft in Highbridge, Bronx, on June 15, 2023.

• REDA Group borrowed $7.2 million from Alpine Capital Bank for 346 Grand Concourse, Mott Haven, Bronx on September 02, 2022.

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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