Jamie Salas

Citizens Bank

(Investors Bank)

Lender

1270 6th Ave 16TH FLOOR New York, NY 10020

101 John F Kennedy Pkwy Short Hills, NJ 07078

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Citizens Bank NYC portfolio

$26 million* – mixed-use 32%, retail 31%; Brooklyn 52%, Queens 27%

2622th largest portfolio by dollar value

53,982 sqft – mixed-use 41%, office 31%;

2745th largest by SF

8 properties – Brooklyn 37%, Queens 37%

1098th largest

25 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Lender signatory: 1 for $6.1 million

Top Ten Associated Companies:

Metro Group (1)

Top Ten Associated People:

Richard Parker (1)

Recent activity as company:

Metro Group borrowed $6.1 million from Citizens Bank for 50-23 23rd Street, Long Island City, Queens on May 28, 2024.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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