Urbane

Urbane portfolio

$195 million* – walkup 59%, C0 19%; Brooklyn 99%, Manhattan 0%

311th largest portfolio by dollar value

1,758,584 sqft – walkup 78%, elevator 13%;

185th largest by SF

154 properties – Brooklyn 99%, Manhattan 0%

50th largest

1,918 residential units – Brooklyn 99%, Manhattan 0%

115th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $23.3 million

Borrower company: 1 for $631.5 million

Top Ten Associated People:

Jonathan Gouveia (1), Brian Cheigh (1), Bianca Geary (1)

Recent activity as company:

BRP Companies, Fairstead and Urbane borrowed $631.5 million from Merchants Capital and NYC Housing Development Corporation for 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn on December 14, 2023.

New York City Housing Authority sold 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn for $23.3 million to BRP Companies, Fairstead and Urbane on December 14, 2023.

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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