David Cohen

Divine Moving & Storage

Owner

Divine Moving & Storage portfolio

$2.9 million* – industrial 100%; Bronx 100%, Manhattan 0%

4766th largest portfolio by dollar value

32,500 sqft – industrial 100%;

3501th largest by SF

Person Activity past 24 months:

Buyer signatory: 1 for $6.3 million

Developer (new building or major alteration): 31.0 for 6,753 square feet

Top Ten Associated Companies:

Cayre Equities (3), Urban Storage Fund (3), Apollo Global Management (2), Healthpeak Properties (2), Simcha Obermeister (1), Celia Obermeister (1), Tuck-it-Away (1), Bushwack Capital (1)

Top Ten Associated People:

Jack Cayre (3), Robert E. Poole (3), Jeffrey H. Miller (2), Adam G. Mabry (2), Simcha Obermeister (1), Celia Obermeister (1), Matthew Sprayregen (1), Dawson Stellberger (1)

Recent activity as company:

Tuck-it-Away sold 601 East 137th Street, Mott Haven, Bronx for $6.3 million to Divine Moving & Storage on February 14, 2023.

• Simcha Obermeister and Celia Obermeister sold 1441 East 12th Street, Midwood, Brooklyn for $2.2 million to company on September 23, 2022.

Urban Storage Fund sold 1956 Atlantic Avenue, Crown Heights, Brooklyn for $17.9 million to Brookfield Properties on August 09, 2022.

Joseph Brunner borrowed $19.5 million from Parke Bank for 139 Wallabout Street, Williamsburg, Brooklyn on June 10, 2022.

Cayre Equities sold None, Clinton Hill, Brooklyn for $32 million to Brookfield Properties on March 04, 2022.

Urban Storage Fund sold None, East New York, Brooklyn for $31.4 million to Brookfield Properties on March 04, 2022.

Cayre Equities sold None, Cypress Hills, Brooklyn for $26.6 million to Brookfield Properties on March 04, 2022.

Urban Storage Fund sold 87-40 121st Street, Richmond Hill, Queens for $46.5 million to Brookfield Properties on February 15, 2022.

Cayre Equities sold 2325 Hollers Avenue, Eastchester, Bronx for $48.2 million to Brookfield Properties on February 14, 2022.

Brookfield Properties borrowed $29.1 million from Apollo Global Management for 2211 Emmons Avenue, 2211 Emmons Avenue, and 2211 Emmons Avenue, Sheepshead Bay, Brooklyn on July 26, 2021.

Latest Stories:

• Divine Moving & Storage pays $6.3M to Tuck-it-Away for storage in Mott Haven (February 15, 2023)

• Brookfield Properties pays $17.9M to Urban Storage Fund for industrial in Crown Heights (August 10, 2022)

• Brookfield records purchases of 3 storage facilities for $91M, part of $184.7M one-day total (March 04, 2022)

• Brookfield Properties pays $46.5M to Urban Storage Fund for storage in Richmond Hill (February 16, 2022)

• Brookfield Properties pays $48.2M to Cayre Equities for industrial building in Eastchester (February 15, 2022)

• Brookfield signs $29.1M acquisition loan with Apollo for senior living in Sheepshead Bay (July 27, 2021)

• Brookfield signs $24.6M loan with Apollo Global for senior home purchase in Mill Basin (July 15, 2021)

• Brookfield pays $36M to Healthpeak Properties for senior housing in Sheepshead Bay (July 13, 2021)

• Brookfield Asset Management buys Mill Basin senior living facility for $31.1M (July 08, 2021)

• Bushwack Capital pays $8.1M for 6-unit rental with retail on Canal Street in Soho (July 08, 2021)

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

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