Watermark Capital Group
People:
Watermark Capital Group portfolio
$303.9 million – walkup 51.0%, elevator 18.0%; Brooklyn 91.0%, Queens 8.0%
191th largest portfolio by dollar value
1,579,051 sqft – walkup 52%, elevator 19%;
197th largest by SF
137 properties – Brooklyn 94%, Queens 5%
46th largest
1,588 residential units – Brooklyn 90%, Queens 9%
138th largest by residential units
2 foreclosures, 0 bankruptcies, 11 other court cases.
Company Activity past 24 months:
Buyer company: 9 for $131 million
Seller company: 1 for $4 million
Borrower company: 7 for $181.9 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (2), Roman Catholic Church of St. Patrick (2), Roman Catholic Church (2), BridgeCity Capital (2), Bridge City Funding (1), Broadview Capital (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1)
Top Ten Associated People:
Harry J. Torres (2), Louis Lebovits (2), Kenneth A. Stagnari (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1), Michael L. Landsman (1), Israel Perlmutter (1), Eric Rubin (1)
Latest Stories:
• Watermark Capital files plans for 198 units at $66.5M Downtown Brooklyn parcel (October 02, 2024)
• Watermark pays $15M for church dev site in Fort Greene (July 08, 2024)
• Watermark sues former Sunset Park dev site owner for $10M (June 18, 2024)
• Watermark Capital pays $5.5M to Israel Perlmutter for industrial in Bushwick (June 05, 2024)
• Watermark Capital signs $15M ground lease for LIC dev site (December 29, 2023)
Litigation: