RiverBrook Equities
People:
RiverBrook Equities portfolio
$34.6 million* – hotel 58%, elevator 41%; Queens 58%, Manhattan 41%
1221th largest portfolio by dollar value
145,717 sqft – hotel 63%, elevator 36%;
1505th largest by SF
4 properties – Queens 75%, Manhattan 25%
1818th largest
44 residential units – Manhattan 97%, Queens 2%
2293th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $14 million
Top Ten Associated Companies:
Bank of America (2), Shulem Herman (2), Berkshire Bank (1), Ellington Management Group (1), Northwind Group (1), Paul Pollak (1)
Top Ten Associated People:
Jeanette Kahan (1), Ryan Connolly (1), Shulem Herman (1), Paul Pollak (1)
Recent activity as company:
• RiverBrook Equities borrowed $14 million from Ellington Management Group for 97-24 147th Place, Jamaica, Queens on January 29, 2024.
• RiverBrook Equities borrowed $8.8 million from Berkshire Bank for 95-65 Tuckerton Street, Jamaica, Queens on May 26, 2022.
• RiverBrook Equities sold 494 Lorimer Street, Williamsburg, Brooklyn for $3 million to Paul Pollak on October 20, 2021.
• RiverBrook Equities sold 43-17 Rockaway Beach Blvd, Arverne, Queens for $25 million to Shulem Herman on September 08, 2021.
• RiverBrook Equities borrowed $48.5 million from Northwind Group for 165 Lexington Avenue, Flatiron, Manhattan on August 23, 2021.
• RiverBrook Equities sold 1412 Pitkin Avenue, Ocean Hill, Brooklyn for $10 million to Shulem Herman on March 23, 2020.
• RiverBrook Equities borrowed $13.1 million from Bank of America for 97-24 147th Place, Jamaica, Queens on February 11, 2020.
• RiverBrook Equities borrowed $23.2 million from Bank of America for 43710 38th Avenue, Long Island City, Queens on September 19, 2019.
Latest Stories:
• Shulem Herman pays $25M to RiverBrook Equities for hotel in Arverne (September 09, 2021)
• Shulem Herman pays $10M to Riverbrook Equities for hotel property in Ocean Hill (March 24, 2020)
Properties: