Berel Farkas

(Barry Farkas, Berel Barry Farkas)

Owner

SilverWolf Group portfolio

$8.4 million* – condo 71.0%, walkup 28.0%; Brooklyn 100.0%, Manhattan 0.0%

2943th largest portfolio by dollar value

59,298 sqft – condo 79.0%, walkup 20.0%;

2612th largest by SF

5 properties – Brooklyn 100%, Manhattan 0%

1633th largest

53 residential units – Brooklyn 100.0%, Manhattan 0.0%

2115th largest by residential units

1 foreclosure, 0 bankruptcies, 8 other court cases.

Notes

Lightstone Management is not related to David Lichtenstein’s Lightstone Group.

Person Activity past 24 months:

Borrower signatory: 2 for $35 million

Top Ten Associated Companies:

Urban Standard Capital (2), ORIX Real Estate (1), Lument (1), Greystone & Co. (1), Bethpage Federal Credit Union (1)

Top Ten Associated People:

Seth Weissman (2)

Recent activity as company:

• Berel Farkas borrowed $17.5 million from Urban Standard Capital for 664 New York Avenue, 664 New York Avenue, and 664 New York Avenue, East Flatbush, Brooklyn on December 13, 2024.

• Lightstone Management borrowed $17.5 million from ORIX Real Estate and Lument for 664 New York Avenue, 664 New York Avenue, and 664 New York Avenue, East Flatbush, Brooklyn on June 13, 2022.

• Lightstone Management borrowed $28 million from Greystone & Co. for 200 Linden Boulevard, Flatbush, Brooklyn on January 12, 2021.

• Lightstone Management borrowed $5.4 million from Bethpage Federal Credit Union for 163 Graham Avenue, East Williamsburg, Brooklyn on January 27, 2020.