John McDonald
Coo
Doe Fund
Owner
Doe Fund portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$46.4 million – elevator 52%, N2 26%; Bronx 75%, Brooklyn 16%
982th largest portfolio by dollar value
349,130 sqft – elevator 54%, N2 24%;
801th largest by SF
13 properties – Bronx 69%, Brooklyn 23%
144th largest
472 residential units – Bronx 100%, Manhattan 0%
389th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $26 million
Seller signatory: 0 for $0
Borrower signatory: 4 for $62.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 1,000 square feet
Top Ten Associated Companies:
Merchants Bank of Indiana (2), Wells Fargo (2), UMB Bank (1), Richman Group (1), SKF Development (1), Leviticus Fund (1), Ramzey Ahmad (1), Corporation for Supportive Housing (1), JPMorgan Chase (1), NYC Department of Housing Preservation and Development (1)
Top Ten Associated People:
Jill Fullmer (1), David A. Salzman (1), Ayush Kapahi (1), Ramzey Ahmad (1), Emily Lehman (1), Nathan F. Fahrer (1)
Recent activity as signatory:
• Doe Fund borrowed $12.1 million from Merchants Bank of Indiana for 223 East 117th Street, East Harlem, Manhattan on January 06, 2025.
• Doe Fund borrowed $30.3 million from Doe Fund 2732/2738 Creston Avenue Lease-Backed Pass-Through Trust Series 2024 for 2738 Creston Avenue, Bedford Park, Bronx on September 17, 2024.
• SKF Development sold 2738 Creston Avenue, Bedford Park, Bronx for $26 million to Doe Fund on September 17, 2024.
• John Mcdonald filed plans for new building for 1,000 sqft in Bushwick, Brooklyn, on July 10, 2024.
• Doe Fund borrowed $10.3 million from JPMorgan Chase for 3188-3192 Villa Avenue, Bedford Park, Bronx on December 11, 2023.
• Doe Fund borrowed $9.4 million from NYC Department of Housing Preservation and Development for 555 Nereid Avenue and 4449 Bronx Boulevard, None, Bronx on September 15, 2023.
• Doe Fund borrowed $52.6 million from UMB Bank for 510 Gates Avenue, Bedford-Stuyvesant, Brooklyn on January 03, 2023.
• Doe Fund borrowed $9.5 million from Corporation for Supportive Housing for 794 Rockaway Avenue, Brownsville, Brooklyn on December 19, 2022.
• Ramzey Ahmad sold 794 Rockaway Avenue, Brownsville, Brooklyn for $6.5 million to Doe Fund on December 19, 2022.
• Doe Fund borrowed $5.2 million from Leviticus Fund for 1220 Spofford Avenue, Hunts Point, Bronx on April 06, 2022.
Latest Stories:
• Doe Fund pays $26M to SKF Development for new 65-unit building in Bedford Park September 18, 2024
• Doe Fund signs $9.4M refi loan with city for two shelters in Bronx September 18, 2023
• Doe Fund signs $52.6M new construction loan for shelter in Bedford Stuyvesant January 04, 2023
• Doe Fund pays $6.5M to Ahmad Associates LLC for dev site in Brownsville December 20, 2022
• Doe Fund borrows $13M from KeyBank for homeless shelter site in Bedford-Stuyvesant May 22, 2020