Rockledge

230 5th Avenue, Suite 1508 New York, NY 10001

515 Madison Avenue, 29th Floor New York, NY 10022

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Rockledge portfolio

$120.1 million* – elevator 79%, walkup 12%; Brooklyn 58%, Manhattan 41%

477th largest portfolio by dollar value

1,393,900 sqft – elevator 82%, D4 9%;

239th largest by SF

23 properties – Brooklyn 60%, Manhattan 39%

411th largest

1,440 residential units – Brooklyn 64%, Manhattan 35%

168th largest by residential units

Company Activity past 24 months:

Buyer company: 21 for $177.9 million

Borrower company: 5 for $115.8 million

Top Ten Associated Companies:

Sentinel Real Estate (20), BridgeInvest (3), Peter Takiff (1), Daun Paris (1), Bethpage Federal Credit Union (1), Marguerite Behette (1), Edgewood Capital Advisors (1), Prime Finance (1)

Top Ten Associated People:

Michael Gershman (20), Alex Horn (3), Peter Takiff (1), Robert Fish (1), Marguerite Behette (1), Jon W. Brayshaw (1)

Recent activity as company:

PH Realty Capital, Rockledge and Alma Realty borrowed $15 million from BridgeInvest for 165 East 19th Street, 1803 Beverley Road, 146 East 19th Street, 120 East 19th Street, and 287 East 18th Street, Flatbush, Brooklyn on October 01, 2024.

PH Realty Capital, Rockledge and Alma Realty borrowed $24.8 million from BridgeInvest for 725 West 184th Street, 4101 Broadway, 110 Bennett Avenue, and 4113 Broadway, Washington Heights, Manhattan on October 01, 2024.

PH Realty Capital, Rockledge and Alma Realty borrowed $13.2 million from BridgeInvest for 211 Brighton 15th and 200-210 Brighton 15th Street, Brighton Beach, Brooklyn on October 01, 2024.

Sentinel Real Estate sold 146 East 19th Street, Flatbush, Brooklyn for $3.9 million to PH Realty Capital and Rockledge on September 30, 2024.

Sentinel Real Estate sold 211 Brighton 15th Street, Brighton Beach, Brooklyn for $16 million to PH Realty Capital and Rockledge on September 27, 2024.

Sentinel Real Estate sold 165 East 19th Street, Flatbush, Brooklyn for $12.2 million to PH Realty Capital and Rockledge on September 27, 2024.

Sentinel Real Estate sold 1803 Beverley Road, Flatbush, Brooklyn for $2.9 million to PH Realty Capital and Rockledge on September 27, 2024.

Sentinel Real Estate sold 120 East 19th Street, Flatbush, Brooklyn for $4.3 million to PH Realty Capital and Rockledge on September 27, 2024.

Sentinel Real Estate sold 200-210 Brighton 15th Street, Brighton Beach, Brooklyn for $11.2 million to PH Realty Capital and Rockledge on September 27, 2024.

Sentinel Real Estate sold 287 East 18th Street, Flatbush, Brooklyn for $2.9 million to PH Realty Capital and Rockledge on September 27, 2024.

Latest Stories:

• PH Realty, Rockledge, Alma Realty sign $53M acquisition loan with BridgeInvest for rentals in Brooklyn, Manhattan (October 02, 2024)

• PH Realty, Rockledge pay $49.5M to Sentinel for rentals in Brighton Beach, Flatbush, part of larger transaction (September 30, 2024)

• PH Realty Capital, Rockledge pays $11.6M to Sentinel for 74-unit rental in Washington Heights (September 27, 2024)

• PH Realty, Rockledge, Alma sign $54M acquisition loan with Prime Finance for 10 properties in NYC (August 02, 2024)

• PH Realty, Rockledge pay $27.7M to Sentinel for rentals in Brighton Beach, Crown Heights (July 24, 2024)

• PH Realty, Rockledge pay $54.8M to Sentinel for Upper Manhattan rentals, part of $179M deal (July 23, 2024)

• Rockledge pays $11.3M for 66-unit walkup in Harlem (May 31, 2023)

• Rockledge Ventures pays $10.4M for 59-unit rental in Bay Ridge (December 20, 2021)

• Sentinel Real Estate borrows $17M from New York Community Bank to refi rental property in Brighton Beach (April 01, 2020)

• Sentinel Real Estate borrows $15M from New York Community Bank for multifamily property in Brighton Beach (March 19, 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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