Spencer Equity Group
Spencer Equity Group portfolio
$56.9 million – elevator 89.0%, walkup 9.0%; Brooklyn 93.0%, Manhattan 6.0%
850th largest portfolio by dollar value
484,333 sqft – elevator 90.0%, walkup 9.0%;
611th largest by SF
22 properties – Brooklyn 86%, Manhattan 13%
135th largest
724 residential units – Brooklyn 92.0%, Manhattan 7.0%
288th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $112.8 million
Borrower company: 0 for $0
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Gilbane Development (5), Signature Bank (4), Santander Bank (2), Berkadia Commercial Mortgage (1), Sterling National Bank (1), Customers Bank (1), New York Community Bank (1), Bank of Princeton (1), Madison Realty Capital (1), Canvas Investment Partners (1)
Top Ten Associated People:
Fazeela Siddiqui (2), Matthew P. Lawrence (1), Robert Morgenstern (1)
Latest Stories:
• Gilbane Development plans 266-unit shelter in Concourse Village (December 29, 2023)
• Joel Gluck signs $15M refi with Customers Bank for rental in Brownsville (June 02, 2021)
• Joel Gluck borrows $27.6M from Berkadia for property in Bronx (January 05, 2021)
• Rabsky Group borrows $15.8M from State Bank of Texas in Fort Greene (October 20, 2020)
• Joel Gluck borrows $9.2M from Signature Bank for 110-unit rental in Flatbush (September 08, 2020)
Litigation: