Watermark Capital Group

Owner

Partnership

185 Marcy Avenue, Suite 304 Brooklyn, NY 11211

wmcap.com

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Watermark Capital Group portfolio

$321.5 million* – walkup 48.0%, elevator 17.0%; Brooklyn 86.0%, Queens 7.0%

197th largest portfolio by dollar value

1,656,550 sqft – walkup 49%, elevator 18%;

197th largest by SF

139 properties – Brooklyn 93%, Queens 5%

59th largest

1,591 residential units – Brooklyn 89%, Queens 9%

149th largest by residential units

2 foreclosures, 0 bankruptcies, 11 other court cases.

Company Activity past 24 months:

Buyer company: 10 for $141.5 million

Seller company: 1 for $4 million

Borrower company: 11 for $291.2 million

Top Ten Associated Companies:

Signature Bank (3), Popular 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)

Top Ten Associated People:

Kenneth A. Stagnari (2), Harry J. Torres (2), Louis Lebovits (2), Claudette Sofair (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Ana Rosu Marmann (1), Menachem M. Deutsch (1), Michael L. Landsman (1)

Recent activity as company:

• Joyland Group sold 313 East 17th Street and 321 East 17th Street, Gramercy, Manhattan for $10.6 million to Watermark Capital Group on January 16, 2025.

• Watermark Capital Group and Chaskel Landau borrowed $13 million from Wells Fargo for 383 Knickerbocker Avenue, 373 Knickerbocker Avenue, 379 Knickerbocker Avenue, and 375 Knickerbocker Avenue, Bushwick, Brooklyn on January 07, 2025.

• Watermark Capital Group for Joel Werczberger filed plans for new building for 114,498 sqft in Boerum Hill, Brooklyn, on December 05, 2024.

• Watermark Capital Group borrowed $70 million from Slate Property Group for 41-02 Crescent Street, Long Island City, Queens on December 04, 2024.

• Watermark Capital Group and Maguire Capital Group borrowed $42.5 million from Daryl Hagler for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.

• Watermark Capital Group and Maguire Capital Group borrowed $23 million from Genesis Holdings Management for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.

• Watermark Capital Group and Borough Developers borrowed $20 million from Citibank for 176 Central Avenue and N/A Hart Street, Bushwick, Brooklyn on November 19, 2024.

• Jacob Marciano sold 208 Livingston Street, 50 Hoyt Street, 44 Hoyt Street, 42 Hoyt Street, 48 Hoyt Street, and others, Boerum Hill, Brooklyn for $10.1 million to Watermark Capital Group on September 18, 2024.

• Watermark Capital Group borrowed $10.5 million from S3 Capital for 144 St Felix Street, Fort Greene, Brooklyn on August 28, 2024.

• Watermark Capital Group and Yoel Werzberger borrowed $24 million from Popular Bank for 584 4th Avenue, Gowanus, Brooklyn on July 05, 2024.