David Traitel

Ladder Capital

(Ladder Capital Finance)

Lender

Ladder Capital portfolio

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

$10.8 million – elevator 78%, mixed-use 10%; Manhattan 100%, Bronx 0%

2519th largest portfolio by dollar value

97,209 sqft – elevator 83%, walkup 9%;

1942th largest by SF

4 properties – Manhattan 100%, Bronx 0%

153th largest

82 residential units – Manhattan 100%, Bronx 0%

716th largest by residential units

10 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 1 for $20.1 million

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 1 for $13.5 million

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

Top Ten Associated Companies:

Specialists Ltd. (1), KPG Funds (1), Aulder Capital (1), Adam J. Semler (1), 6R Capital Group (1), Emerald Equity Group (1), Marcus Partners (1), Dalan Management (1), Cayuga Capital Management (1), Mohammad Billah (1)

Top Ten Associated People:

Richard Ryder Washburn III (1), Gregory Kraut (1), John Reid (1), Adam J. Semler (1), Shai Shamir (1), Mark McKew (1), David R. Hooke (1), Melissa Perez (1), Mohammad M. Billah (1), Ezra Mizrachi (1)

Recent activity as signatory:

• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116th Street, 2927 3rd Avenue, 1046 Southern Boulevard, 918 Seneca Avenue, and 1619 Sheepshead Bay Road, East Harlem, Manhattan on November 14, 2024.

• 6R Capital Group borrowed $42 million from T30 Capital for N/A Warren Street, 72 Warren Street, 88 West Broadway, 88 West Broadway, 72 Warren Street, and others, Financial District, Manhattan on February 02, 2024.

• Emerald Equity Group sold 120 West 116th Street, 1917 Adam C Powell Blvd, 110 West 116th Street, and 110 St Nicholas Avenue, Harlem, Manhattan for $20.1 million to Ladder Capital on September 22, 2023.

• Aulder Capital borrowed $9.5 million from Ladder Capital for 325 East 101st Street, East Harlem, Manhattan on August 24, 2022.

• L3 Capital borrowed $20 million from Wintrust Bank for 111 North 6th Street, 113 North 6th Street, 115 North 6th Street, and 130 Berry Street, Williamsburg, Brooklyn on July 15, 2022.

• Robert Gilardian borrowed $39.8 million from Ladder Capital for 245 West 51st Street, 1443 York Avenue, and 107 West 68th Street, Midtown West, Manhattan on July 05, 2022.

• KPG Funds borrowed $51 million from Ladder Capital for 446 Broadway, Little Italy, Manhattan on April 06, 2022.

• R&B Realty Group borrowed $52 million from Lightstone Group for 32 West 39th Street, 28 West 36th Street, and 36 West 39th Street, Garment District, Manhattan on March 16, 2022.

• Adam J. Semler borrowed $21 million from Ladder Capital for 9 Patchin Place, 5 Patchin Place, 7 Patchin Place, 6 Patchin Place, 8 Patchin Place, and others, Greenwich Village, Manhattan on March 15, 2022.

• Cayuga Capital Management borrowed $14.6 million from Ladder Capital for 321 Starr Street, Bushwick, Brooklyn on February 14, 2022.