Settlement Housing Fund

People:

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Settlement Housing Fund portfolio

$150.9 million – elevator 54%, walkup 17%; Bronx 53%, Queens 27%

374th largest portfolio by dollar value

2,685,413 sqft – elevator 58%, walkup 18%;

118th largest by SF

44 properties – Bronx 56%, Brooklyn 29%

113th largest

2,517 residential units – Bronx 55%, Queens 25%

76th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $5.5 million

Seller company: 0 for $0

Borrower company: 2 for $20.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

NYC Housing Development Corporation (5), Neighborhood Restore Housing Development Fund Corporation (2), BFC Partners (1), Goldman Sachs (1), TD Bank (1), UMB Bank (1), Community Preservation Corporation (1), NYC Department of Housing Preservation and Development (1), ORIX Real Estate (1), KeyBank (1)

Top Ten Associated People:

Salvatore D’Avola (2), J. Kenneth Pagano (2), Matthew Schatz (1), Ruth Moreira (1), Leonard Schwartz (1), David Goldban (1), Linda S. Manley (1), Thomas R. Campbell (1)

Latest Stories:

• Settlement Housing Fund files plans for 172-unit building in Coney Island (August 16, 2024)

• Essex Plaza Management signs $54.2M construction loan for 168-unit project in North Corona (July 13, 2023)

• Settlement Housing Fund pays $5.5M to Starrett Companies for dev site in Coney Island (May 12, 2023)

• Essex Plaza plans 168-unit, senior-focused housing in North Corona (November 02, 2022)

• Settlement Housing Fund signs $63.1M rehab construction loan for three residential walkup properties in Crown Heights (July 22, 2022)

• BFC Partners signs $139M construction loan with NYC HDC for 376-unit project in Coney Island (January 10, 2022)

• Settlement Housing pays $13.2M to Leonard Schwartz for six rentals in Longwood Melrose (August 12, 2021)

• Settlement Housing Fund obtains $70.6M construction loan for 182-unit project in Fordham (January 08, 2021)

• Settlement Housing borrows $11.3M from NYC for 60-unit rental in Tremont (October 19, 2020)

• Michael Wieder, David Berger sign contract with Essex Plaza Management for multifamily property in University Heights (July 21, 2020)

Properties:

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