David Bistricer

Clipper Equity|Clipper Realty|Clipper Equity|Nalcorp portfolio

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

$809.4 million – elevator 75.0%, condo 12.0%; Manhattan 53.0%, Brooklyn 46.0%

71th largest portfolio by dollar value

5,484,141 sqft – elevator 78.0%, D6 10.0%;

50th largest by SF

153 properties – Manhattan 83%, Brooklyn 16%

40th largest

6,521 residential units – Brooklyn 79.0%, Manhattan 20.0%

23th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 9 for $974 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Valley National Bank (8), New York Community Bank (3), Bank Leumi (2), Slate Property Group (1), Harry Daskal (1), David Chin (1), Harry Einhorn (1), MetLife (1), Vornado Realty Trust (1), Transformco (1)

Top Ten Associated People:

Jeffrey Puchin (4), Stephen Krasman (1), Harry Daskal (1), David Chin (1), Boris Saks (1), Steven Borenstein (1), D. Scott Carr (1), Shimon Eisikowicz (1), Ilana Druyan (1), David Kesselman (1)

Recent activity as signatory:

• Clipper Equity borrowed $330 million from JPMorgan Chase for 77 Commercial Street, Greenpoint, Brooklyn on June 06, 2024.

• Clipper Equity borrowed $95 million from Bank Hapoalim for 2359 Bedford Avenue, Flatbush, Brooklyn on April 17, 2024.

• Clipper Equity borrowed $105 million from Valley National Bank for 2201 Beverly Road, Flatbush, Brooklyn on March 27, 2024.

• Clipper Equity borrowed $140 million from Slate Property Group for N/A Bedford Avenue, None, Brooklyn on March 13, 2024.

• Clipper Equity borrowed $85 million from Valley National Bank for 130 Hope Street, Williamsburg, Brooklyn on December 21, 2023.

• Clipper Equity borrowed $24 million from Cross River Bank for 2323 Beverly Road, Flatbush, Brooklyn on December 05, 2023.

• Clipper Equity borrowed $20 million from Valley National Bank for 998-1010 Pacific Street, Crown Heights, Brooklyn on September 22, 2023.

• Clipper Equity borrowed $115 million from Valley National Bankand Bank Mizrahi-Tefahotand Be Aviv for 953 Dean Street, Crown Heights, Brooklyn on August 18, 2023.

• Clipper Equity borrowed $60 million from Valley National Bank for 998-1010 Pacific Street, Crown Heights, Brooklyn on February 14, 2023.

• Clipper Equityand Nalcorp borrowed $6.7 million from Valley National Bank for 2360 Bedford Avenue and 2359 Bedford Avenue, Flatbush, Brooklyn on December 22, 2022.