Ivaylo Ninov

(Ivaylo V. Ninov)

Lender

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

$5.3 million – mixed-use 67%, walkup 32%; Brooklyn 100%, Manhattan 0%

3662th largest portfolio by dollar value

15,148 sqft – walkup 77%, mixed-use 22%;

4595th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

155th largest

18 residential units – Brooklyn 100%, Manhattan 0%

780th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Buyer signatory: 0 for $0

Seller signatory: 2 for $36.9 million

Borrower signatory: 1 for $7.8 million

Lender signatory: 0 for $0

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

Nassimi Realty (2), Provident Bank (1), Mutual of Omaha (1)

Mike M. Nassimi (2), Paul B. Ciancimino (1)

• Caspi Developmentand Mactaggart Family & Partners sold 74 Broad Street, Financial District, Manhattan for $19.6 million to Nassimi Realty on January 08, 2024.

• Caspi Developmentand Mactaggart Family & Partners sold 134 Broadway, Williamsburg, Brooklyn for $17.3 million to Nassimi Realty on January 08, 2024.

• Mactaggart Family & Partners borrowed $7.8 million from Provident Bank for 423 16th Street and 178 Atlantic Avenue, South Slope, Brooklyn on July 07, 2023.

• Mactaggart Family and Partners borrowed $21 million from Mutual of Omaha for 589 5th Avenue, Midtown, Manhattan on December 02, 2021.