Jorge Madruga

Ceo

Maddd Equities

Developer, Owner

Maddd Equities portfolio

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

$226.3 million – specialty 28%, hotel 25%; Manhattan 55%, Bronx 39%

258th largest portfolio by dollar value

1,255,225 sqft – condo 31%, office 23%;

268th largest by SF

33 properties – Bronx 72%, Manhattan 24%

124th largest

1,099 residential units – Manhattan 55%, Brooklyn 42%

203th largest by residential units

0 foreclosures, 0 bankruptcies, 7 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $8.6 million

Borrower signatory: 4 for $112.9 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 3 for 401,446 square feet

Top Ten Associated Companies:

Metropolitan Commercial Bank (2), TD Bank (1), Success Academy Charter Schools (1), Webster Bank (1), LibreMax Capital (1), Lakeland Bank (1), Arctaris Impact Investors (1), Yechiel Newhouse (1), Maddd Equities (1), Sterling National Bank (1)

Top Ten Associated People:

Shablar Ahmed (1), Lisa McGorty (1), Robert Surovich (1), Uche S. Osuji (1), Yechiel Newhouse (1), Richard Berlin (1), Frank T. Chiarello (1)

Recent activity as signatory:

• Jorge Madruga filed plans for new building for 136,246 sqft in East Harlem, Manhattan, on November 19, 2024.

• Jorge Madruga filed plans for new building for 117,887 sqft in Mt Hope, Bronx, on October 15, 2024.

• Jorge Madruga filed plans for new building for 147,313 sqft in Mott Haven, Bronx, on December 22, 2023.

• Maddd Equities borrowed $12.2 million from Arctaris Impact Investors for 2516-2530 Grand Concourse, Fordham Manor, Bronx on December 18, 2023.

• Arker Companiesand Radson Developmentand Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on October 30, 2023.

• Maddd Equities borrowed $42.5 million from Lakeland Bank for 405 East 59th Street, Lenox Hill, Manhattan on July 10, 2023.

• Maddd Equitiesand South Bronx Overall Economic Development Corporationand SoBro borrowed $12.3 million from Metropolitan Commercial Bank for 422 East 165th Street, 1004 Brook Avenue, 416 East 165th Street, 1014 Brook Avenue, 412 East 165th Street, and others, Morrisania, Bronx on July 07, 2023.

• Maddd Equitiesand SoBro borrowed $46 million from LibreMax Capital for 825 East 141st Street and 804 East 141st Street, Mott Haven, Bronx on March 21, 2023.

• Maddd Equities borrowed $6.9 million from Webster Bank for 308 East 134th Street, 139 Alexander Avenue, and 141 Alexander Avenue, Mott Haven, Bronx on September 01, 2022.

• Jorge Madruga filed plans for major alteration for 77,245 sqft in Fordham Manor, Bronx, on February 17, 2022.