Scale Lending

Company Activity past 24 months:

Lender company: 2 for $188 million

Top Ten Associated Companies:

Yitzchok Katz (3), Arden Group (2), Loketch Group (1), Joyland Group (1), Meral Property Group (1), KD Sagamore Capital (1), Joel Zupnick (1), Simon Kaufman (1)

Top Ten Associated People:

Yitzchok Katz (3), Joseph Caruso (1), Pinchos Loketch (1), Charles Dubroff (1), Joel Zupnick (1), Joseph S. Caruso (1), Simon Kaufman (1)

Recent activity as company:

KD Sagamore Capital borrowed $46 million from Scale Lending and Slate Property Group for 982 Fulton Street, Clinton Hill, Brooklyn on January 17, 2024.

Joel Zupnick borrowed $142 million from Scale Lending and Slate Property Group for 147-35 95th Avenue, Jamaica, Queens on November 08, 2023.

Bruman Realty borrowed $75 million from Greystone & Co. for 26-25 4th Street, Astoria, Queens on October 10, 2023.

Simon Kaufman borrowed $63 million from Greystone & Co. for 322 Grand Concourse, Mott Haven, Bronx on September 28, 2023.

Certes Partners borrowed $68.5 million from MF1 Capital for 212 East 125th Street, East Harlem, Manhattan on September 21, 2023.

SB Development Group borrowed $61.7 million from Northwind Group for 41-05 29th Street, Long Island City, Queens on December 13, 2022.

Loketch Group, Joyland Group and Meral Property Group borrowed $90 million from Scale Lending and Slate Property Group for 275 Lorimer Street, Williamsburg, Brooklyn on December 06, 2022.

Yitzchok Katz borrowed $9.3 million from SCALE Lending for 575 Grand Street, Williamsburg, Brooklyn on April 19, 2022.

Yitzchok Katz borrowed $43.3 million from SCALE Lending for 575 Grand Street, Williamsburg, Brooklyn on April 11, 2022.

Yitzchok Katz borrowed $35 million from Slate Property Group and Scale Lending for 575 Grand Street, Williamsburg, Brooklyn on April 01, 2022.

Latest Stories:

• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg (August 01, 2024)

• Co-living firm Common Living files for liquidation bankruptcy (June 03, 2024)

• Goose Property pays $39.7M to Dillon Realty for development properties in Boerum Hill (April 11, 2024)

• Joel Zupnick signs $142M construction loan with Scale Lending for 521-unit project in Jamaica (November 09, 2023)

• Bruman Realty signs $75M refi with Greystone & Co. for 165-unit project in Astoria (October 11, 2023)

• Arden Group signs $150M construction loan with Banco Inbursa for 222-unit project in Washington Heights (April 21, 2023)

• Yitzchok Katz ups units by 51 at Williamsburg development, for total of 185 (March 22, 2023)

• SB Development Group signs $61.7M refi with Northwind Group for 86-unit condo project in LIC (December 14, 2022)

• Loketch Group, partners sign $90M construction loan with Scale Lending for 274-unit development in Williamsburg (December 07, 2022)

• Yitzchok Katz pays $42.5M for 134-unit W’burg dev site with $35M Scale loan (April 04, 2022)

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