Gal Sela

Sela Group

Sela Group portfolio

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

$19.2 million – industrial 62%, hotel 29%; Brooklyn 100%, Manhattan 0%

1770th largest portfolio by dollar value

238,879 sqft – industrial 85%, hotel 14%;

1023th largest by SF

5 properties – Brooklyn 100%, Manhattan 0%

152th largest

374 residential units – Brooklyn 100%, Manhattan 0%

452th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Top Ten Associated Companies:

Madison Realty Capital (3), Maxim Credit Group (2), Amalgamated Bank (1)

Top Ten Associated People:

Jacob Nimmer (1), Brian Shatz (1), David Speiser (1), Shoshana Carmel (1)

Recent activity as signatory:

• Gal Sela filed plans for major alteration for 1 sqft in Clinton Hill, Brooklyn, on September 16, 2022.

• Sela Group borrowed $14 million from Amalgamated Bank for 1109 Manhattan Avenue, N/A Clay Street, and N/A Clay Street, Greenpoint, Brooklyn on August 09, 2022.

• Sela Group borrowed $15 million from Madison Realty Capital for 29 Ryerson Street, 1109 Manhattan Avenue, 256 Flushing Avenue, N/A Clay Street, and N/A Clay Street, Clinton Hill, Brooklyn on April 26, 2022.

• Sela Group borrowed $99 million from Madison Realty Capital for 29 Ryerson Street, 39-35 27th Street, 256 Flushing Avenue, N/A Clay Street, N/A Clay Street, and others, Clinton Hill, Brooklyn on December 17, 2021.

• Sela Group borrowed $63.2 million from Madison Realty Capital for 29 Ryerson Street, 39-35 27th Street, and 256 Flushing Avenue, Fort Greene, Brooklyn on January 29, 2021.

• Sela Group borrowed $42.5 million from Maxim Credit Group for 29 Ryerson Street, 39-35 27th Street, 256 Flushing Avenue, Fort Greene, Brooklyn on October 04, 2019.

• Sela Group borrowed $5 million from Maxim Credit Group for 39-35 27th Street, Long Island City, Queens on October 04, 2019.