Daniel Sedlmayer

CTF Development

Owner

CTF Development portfolio

$163.6 million* – hotel 68%, D4 31%; Manhattan 100%, Bronx 0%

371th largest portfolio by dollar value

436,252 sqft – hotel 67%, D4 32%;

684th largest by SF

2 properties – Manhattan 100%, Bronx 0%

2940th largest

42 residential units – Manhattan 100%, Bronx 0%

2361th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $40.3 million

Top Ten Associated Companies:

HSBC Bank (1), United Overseas Bank (1)

Top Ten Associated People:

Matthew R. Cipoletti (1), Eriberto De Guzman (1), Daniel Chang (1)

Recent activity as company:

CTF Development borrowed $40.3 million from United Overseas Bank for 981 Madison Avenue and 987 Madison Avenue, Lenox Hill, Manhattan on October 29, 2024.

CTF Development borrowed $40.3 million from HSBC Bank for 981 Madison Avenue and 987 Madison Avenue, the Upper East Side, Manhattan on July 19, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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