Clement Saad
Owner
Clement Saad portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$15.9 million – retail 45%, mixed-use 34%; Bronx 45%, Brooklyn 28%
1987th largest portfolio by dollar value
102,919 sqft – retail 52%, mixed-use 28%;
1863th largest by SF
6 properties – Manhattan 50%, Brooklyn 33%
151th largest
19 residential units – Manhattan 94%, Brooklyn 5%
779th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $12.4 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), Benefit Street Partners (1), Popular Bank (1)
Top Ten Associated People:
Alan L. Kaufman (1), Travis Schelhorn (1)
Recent activity as signatory:
• Clement Saad borrowed $12.4 million from Popular Bank for 1305 Newkirk Avenue, Flatbush, Brooklyn on July 18, 2023.
• Clement Saad borrowed $11 million from Benefit Street Partners for 322 Gates Avenue, Bedford-Stuyvesant, Brooklyn on February 16, 2022.
• Clement Saad borrowed $7.8 million from New York Community Bank for 2057 2nd Avenue, 2059 2nd Avenue, and 2061 2nd Avenue, East Harlem, Manhattan on January 05, 2022.