Verdevelopment Group

420 Kent Ave, Suite K2/B4, Brooklyn, NY 11249

People:

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Verdevelopment Group portfolio

$3.4 million* – walkup 100%; Manhattan 100%, Bronx 0%

4486th largest portfolio by dollar value

9,854 sqft – walkup 100%;

5288th largest by SF

39 residential units – Manhattan 100%, Bronx 0%

2473th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $13 million

Top Ten Associated Companies:

SME Capital Ventures (1)

Recent activity as company:

Verdevelopment Group borrowed $13 million from SME Capital Ventures for 246 West 18th Street, Chelsea, Manhattan on January 24, 2025.

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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