Pinchos Loketch

Loketch Group

Loketch Group|Loketch Group|Joyland Group|Meral Property Group|Pinchos Loketch|Joyland Group|Loketch Group portfolio

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

$53.4 million – elevator 63%, office 16%; Brooklyn 100%, Manhattan 0%

895th largest portfolio by dollar value

304,644 sqft – elevator 67%, office 17%;

871th largest by SF

19 properties – Brooklyn 100%, Manhattan 0%

138th largest

489 residential units – Brooklyn 100%, Manhattan 0%

378th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $2.5 million

Seller signatory: 1 for $19 million

Borrower signatory: 1 for $150 million

Lender signatory: 0 for $0

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

Top Ten Associated People:

Kevin Michael O’Sullivan (1), Jacob Sofer (1), Kenneth Golden (1), Martin Davidson (1), Laurance Nagin (1)

Recent activity as signatory:

Loketch Group sold 207 South 3rd Street and 207 South 3rd Street, Williamsburg, Brooklyn for $19 million to Superior Management on October 02, 2024.

Joyland Groupand Loketch Group borrowed $150 million from TPG Real Estate Partners for 28 Boerum Street, Williamsburg, Brooklyn on July 31, 2024.

E&M Builders Group sold 399 Prospect Place, Crown Heights, Brooklyn for $2.5 million to Loketch Group on February 27, 2023.

Loketch Groupand Joyland Groupand Meral Property Group borrowed $90 million from Scale Lendingand Slate Property Group for 275 Lorimer Street, Williamsburg, Brooklyn on December 06, 2022.

The Collective sold 268 Lorimer Street, Williamsburg, Brooklyn for $53.9 million to Loketch Groupand Joyland Groupand Meral Property Group on February 01, 2022.

Loketch Groupand Joyland Groupand Meral Property Group borrowed $47 million from Slate Property Group for 555 Broadway, Williamsburg, Brooklyn on February 01, 2022.

Loketch Group borrowed $29.2 million from Maxim Capital Group for 10 Quincy Street, Clinton Hill, Brooklyn on December 16, 2021.

Loketch Group borrowed $25.5 million from BridgeCity Capital for 1010 Bedford Avenue, Bedford-Stuyvesant, Brooklyn on December 02, 2021.

Loketch Group borrowed $14 million from Maxim Capital Group for N/A Clinton Avenue, N/A Clinton Avenue, N/A Clinton Avenue, N/A Clinton Avenue, N/A Clinton Avenue, and others, None, Brooklyn on December 01, 2021.

Loketch Group borrowed $22 million from Societe Generale for 435 Vanderbilt Avenue, Clinton Hill, Brooklyn on November 16, 2021.

Latest Stories:

• Nagin family’s Superior Management pays $18.99M to Loketch Group for 10-unit Williamsburg rental October 02, 2024

• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg August 01, 2024

• Loketch Group pays $2.5M to E&M Builders for Crown Heights dev site February 28, 2023

• Loketch Group, partners sign $90M construction loan with Scale Lending for 274-unit development in Williamsburg December 07, 2022

• Loketch, Joyland, and Meral pay $53.9M to The Collective for dev site in Williamsburg February 02, 2022

• Loketch Group borrows $19.5M from Citigroup for new office building in Bedford-Stuyvesant April 09, 2021

• Jacob Sofer pays $16M to All Year Management for two parcels in Brooklyn December 17, 2020

• Loketch Group and Meral Property Group pay $29M to Salvation Army for development in Clinton Hill January 15, 2020

• Loketch Group and Meral Property Group borrow $50M from S3 Capital Partners for new construction in Clinton Hill January 15, 2020

• Bedford Development Associates LLC borrows $24M from Bridgemax Skillman Lender LLC for property in Bedford-Stuyvesant October 29, 2019