Jeffrey Gershon

Hope Street Capital

Hope Street Capital|Safehold Inc. portfolio

$38.5 million* – elevator 77.0%, office 11.0%; Brooklyn 88.0%, Bronx 11.0%

1123th largest portfolio by dollar value

300,050 sqft – elevator 80.0%, M1 14.0%;

902th largest by SF

9 properties – Brooklyn 88%, Bronx 11%

923th largest

422 residential units – Brooklyn 100.0%, Manhattan 0.0%

499th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 1 for $55 million

Top Ten Associated People:

Tim Doherty (1), Eldeen C. King (1), Jonathan Pfeil (1), Terri Magnani (1)

Recent activity as company:

Hope Street Capital borrowed $55 million from Walker & Dunlop for 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, and 959 Sterling Place, Crown Heights, Brooklyn on July 02, 2024.

Hope Street Capital borrowed $126.2 million from MF1 Capital for 545 Vanderbilt Avenue and 550 Clinton Avenue, Clinton Hill, Brooklyn on November 16, 2022.

Safehold Inc. sold 959 Sterling Place, Crown Heights, Brooklyn for $28 million to Hope Street Capital on February 24, 2022.

Hope Street Capital borrowed $55 million from Slate Property Group for 959 Sterling Place, Crown Heights, Brooklyn on February 24, 2022.

Northeastern Conference of Seventh-day Adventists sold 959 Sterling Place, Crown Heights, Brooklyn for $27.9 million to Safehold Inc. on February 04, 2022.

Latest Stories:

• Hope Street Capital signs $55M refi with Walker & Dunlop for 158-unit project in Crown Heights (July 03, 2024)

• Crosstown Companies signs $7M initial loan with HarborOne Bank in Clinton Hill (November 28, 2022)

• Hope Street Capital signs $126.2M refi with MF1 Capital for two properties in Clinton Hill (November 17, 2022)

• Safehold pays $27.9M to Seventh-day Adventists for dev site in Crown Heights (February 07, 2022)

• Hope Street Capital is fully permitted for construction of retail base for 288K sf residential tower in Clinton Hill (October 14, 2020)

• Hope Street Capital borrows $129M from Square Mile for new construction in Clinton Hill (February 21, 2020)

• Jeffrey Gershon’s Hope Street Capital pays $9M to Episcopal Diocese of Long Island for air rights in Clinton Hill (December 11, 2019)

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

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