Andrew Wrublin

Dalan Real Estate

(Dalan Management)

Owner

134 W 25th St New York, NY 10001

Dalan Real Estate portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$358.4 million – elevator 55.0%, walkup 23.0%; Manhattan 62.0%, Brooklyn 37.0%

170th largest portfolio by dollar value

1,357,345 sqft – elevator 69.0%, walkup 19.0%;

243th largest by SF

46 properties – Manhattan 60%, Brooklyn 39%

111th largest

1,361 residential units – Brooklyn 52.0%, Manhattan 47.0%

164th largest by residential units

2 foreclosures, 1 bankruptcy, 2 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $34.6 million

Seller signatory: 1 for $42.8 million

Borrower signatory: 3 for $73 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

New York Community Bank (1), Windsor Global (1), Jacob Gold (1), RWN Real Estate Partners (1), Popular Bank (1), Nathan Benelyahou (1), Infinity Capital Partners (1), Ladder Capital (1), Mesa West Capital (1), 137 4th Ave LLC (1)

Top Ten Associated People:

Francesco Pizzolla (1), Yisroel Eckstein (1), Ari Shalam (1), Sana Khaliq (1), Nathan Benelyahou (1), Dolly Laubach (1), Jeff Friedman (1), Zachary Bermudez (1), David Gleitman (1), Anthony McCoy (1)

Recent activity as signatory:

Dalan Real Estateand RWN Real Estate Partners borrowed $7.9 million from BankUnited for 376 Bleecker Street, West Village, Manhattan on October 23, 2024.

Dalan Real Estate borrowed $26.5 million from Infinity Capital Partners for 89 Christopher Street, 91 Christopher Street, 329 Bleecker Street, 335 Bleecker Street, and 341 Bleecker Street, West Village, Manhattan on July 08, 2024.

Dalan Real Estate sold 2568 Broadway and 226 West 97th Street, Upper West Side, Manhattan for $42.8 million to Nathan Benelyahou on June 25, 2024.

• Dalan Management borrowed $38.6 million from Popular Bank for 230 East 44th Street, Grand Central, Manhattan on June 14, 2023.

RWN Real Estate Partners sold 230 East 44th Street, Grand Central, Manhattan for $34.6 million to Dalan Management on June 14, 2023.

• Dalan Management borrowed $18.1 million from New York Community Bank for 384 Broome Street, Nolita, Manhattan on December 08, 2022.

Windsor Globaland Jacob Gold sold 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn for $34.5 million to SKW Fundingand Dalan Managment on October 13, 2022.

• Dalan Management borrowed $14.8 million from Signature Bank for 194 Avenue A, 196 Avenue A, 503 East 12th Street, and 505 East 12th Street, Alphabet City, Manhattan on August 29, 2022.

• Dalan Management sold 37-43 8th Avenue, West Village, Manhattan for $5.2 million to TARGO Capital Partners on October 07, 2021.

• Dalan Management borrowed $15.5 million from Ladder Capital for 55 Delancey Street and 61 Delancey Street, Lower East Side, Manhattan on July 27, 2021.

Latest Stories:

• Dalan, RWN sign $7.9M loan modification for mixed-use in West Village October 24, 2024

• Nathan Benelyahou pays $42.8M to Dalan Real Estate for 2 adjacent UWS rentals June 26, 2024

• Dalan Management pays $34.6M to buy out partner RWN Real Estate Partners at Grand Central rental June 15, 2023

• SKW Funding, Dalan pay $34.5M to Windsor Global, Jacob Gold for 44-unit rental in Bedford-Stuyvesant October 14, 2022

• Kaushik Patel, Chandresh Patel sign $12M refi loan with Unity Bank for LIC hotel March 09, 2022

• Dalan Management signs $25.8M loan with Mesa West Capital for five properties in West Village July 13, 2021

• Kaushick Patel signs $11M loan to refi new LIC hotel May 20, 2021

• Madison Realty collaterally assigns $26M to Customers Bank secured by Bed-Stuy property February 12, 2021

• Windsor Global refis $23M from Madison Realty Capital for 44-unit Bed-Stuy development January 26, 2021

• Dalan Management obtained financing of $39M from Popular Bank September 13, 2019