Pinchos Loketch
Loketch Group
Loketch Group|Joyland Group|Meral Property Group portfolio
$52.9 million* – elevator 64%, office 16%; Brooklyn 100%, Manhattan 0%
917th largest portfolio by dollar value
300,803 sqft – elevator 68%, office 17%;
896th largest by SF
18 properties – Brooklyn 100%, Manhattan 0%
510th largest
489 residential units – Brooklyn 100%, Manhattan 0%
430th 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
Top Ten Associated Companies:
Maxim Capital Group (2), Slate Property Group (2), Societe Generale (2), The Collective (1), Citibank (1), Scale Lending (1), Jacob Sofer (1), BridgeCity Capital (1), E&M Builders Group (1), TPG Real Estate Partners (1)
Top Ten Associated People:
Kevin Michael O’Sullivan (1), Jacob Sofer (1), Kenneth Golden (1), Martin Davidson (1), Laurance Nagin (1)
Recent activity as company:
• 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 Group and 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 Group, Joyland Group and Meral Property Group borrowed $90 million from Scale Lending and 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 Group, Joyland Group and Meral Property Group on February 01, 2022.
• Loketch Group, Joyland Group and 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:
• 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)
• Jacob Sofer pays $16M to All Year Management for two parcels in Brooklyn (December 17, 2020)
Court Records: