Larry Hirschfield

ELH Management

ELH Management|ELH Mgmt.|Larry Hirschfield portfolio

$14.9 million* – C3 59%, walkup 32%; Brooklyn 67%, Manhattan 32%

2102th largest portfolio by dollar value

120,250 sqft – C3 60%, walkup 39%;

1701th largest by SF

27 properties – Brooklyn 88%, Manhattan 11%

375th largest

145 residential units – Brooklyn 52%, Manhattan 47%

1105th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $15.2 million

Developer (new building or major alteration): 17.0 for 0 square feet

Top Ten Associated Companies:

NYC Housing Development Corporation (2), Local Initiatives Support (1), Neighborhood Restore Housing Development Fund Corporation (1), Walker & Dunlop (1), Deutsche Bank (1), Sterling National Bank (1)

Top Ten Associated People:

Salvatore D’Avola (1)

Recent activity as company:

ELH Mgmt. borrowed $15.2 million from Deutsche Bank for 1078 Putnam Avenue, 1080 Putnam Avenue, 1076 Putnam Avenue, 609 Willoughby Avenue, 1434 Broadway, and others, Bedford Stuyvesant, Brooklyn on March 20, 2023.

ELH Management borrowed $29.4 million from Local Initiatives Support and Neighborhood Restore Housing Development Fund Corporation for 527 West 134th Street, 523 West 134th Street, and 505 West 134th Street, Harlem, Manhattan on April 12, 2022.

ELH Management borrowed $7.2 million from Sterling National Bank for 752 East 103rd Street, 750 East 103rd Street, 746 East 103rd Street, 744 East 103rd Street, 742 East 103rd Street, and others, Canarsie, Brooklyn on September 03, 2021.

Larry Hirschfield borrowed $29.3 million from NYC Housing Development Corporation for 1160 Evergreen Avenue, 2240 Tiebout Avenue, Soundview, Bronx on December 15, 2020.

ELH Management borrowed $11.1 million from NYC Housing Development Corporation for 361 Court Street, 239 Carroll Street, 213 Sackett Street, Carroll Gardens, Brooklyn on October 28, 2020.

ELH Management borrowed $16.3 million from Walker & Dunlop for 143 Marcus Garvey Blvd, 1434 Broadway, 162 Vernon Avenue, 1064 Putnam Avenue, 1074 Putnam Avenue, and others, Bedford-Stuyvesant, Brooklyn on January 03, 2020.

Latest Stories:

• ELH Mgmt. signs $15.2M refi loan with Deutsche Bank for 31 properties in Bedford Stuyvesant (March 21, 2023)

• ELH Management signs $29.4M rehab construction loan for three walkup properties in Harlem (April 13, 2022)

• Larry Hirschfield gets $29.3M rehab loan for 125 units in Soundview (December 16, 2020)

• ELH Management borrows $11M from city, CPC for 31-units in Carroll Gardens (October 29, 2020)

• ELH Management pays $14M to Northeast Brooklyn Housing Development Corporation (NEBHDCo) for property in Ocean Hill (January 06, 2020)

• ELH Management borrows $16M from Walker & Dunlop for multifamily property in Bedford-Stuyvesant (January 06, 2020)

• Court Carroll Sackett Housing Development Fund Crp paid $9M to 274-275 President Street Corp. (August 29, 2019)

• Cg Trio, LLC obtained financing of $7M from Cpc Funding Spe 1 LLC (August 29, 2019)

• ELH Management paid $9M to Milchman Enterprises Co., Inc. (August 06, 2019)

• ELH Management paid $9M to One More Time Realty Corp. (August 06, 2019)

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

Leave a Reply