Steel Equities
Steel Equities portfolio
$131.7 million – industrial 51.0%, specialty 48.0%; Brooklyn 100.0%, Manhattan 0.0%
423th largest portfolio by dollar value
625,782 sqft – industrial 72.0%, specialty 27.0%;
497th largest by SF
14 properties – Brooklyn 100%, Manhattan 0%
143th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 2 for $71.4 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
JPMorgan Chase (2), TD Bank (2), Yaakov Roth (1), New York Community Bank (1), Princeton Real Estate Partners (1), Joseph Brunner (1)
Top Ten Associated People:
Leart Saliu (2), Yaakov Roth (1), Brian J. Terry (1), Joseph Tabak (1)
Latest Stories:
• Steel Equities buys 50% stake in troubled E. W’burg site from Bruman Realty (January 14, 2021)
• Steel Equities borrows $22M from New York Community for property in Brooklyn (November 23, 2020)
• Steel Equities pays $20M to Yaakov Roth for property in East Williamsburg (November 18, 2020)
• Steel Equities refinances $50.2M from TD Bank for property in East Williamsburg (July 07, 2020)
Litigation: