Rick Gropper

Camber Property Group

Developer, Owner

Camber Property Group portfolio

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

$523.2 million – elevator 86.0%, D6 3.0%; Bronx 76.0%, Brooklyn 14.0%

112th largest portfolio by dollar value

8,343,103 sqft – elevator 81.0%, D3 12.0%;

27th largest by SF

81 properties – Bronx 62%, Brooklyn 19%

80th largest

7,825 residential units – Bronx 85.0%, Brooklyn 10.0%

16th largest by residential units

Person Activity past 24 months:

Buyer signatory: 4 for $31.7 million

Seller signatory: 1 for $5 million

Borrower signatory: 9 for $1.2 billion

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Merchants Bank of Indiana (6), Omni New York (5), NYC Housing Development Corporation (5), Steven Vegh (3), Mordechai Kosolowitz (3), Merchants Capital (3), L+M Development Partners (3), Walker & Dunlop (2), New York City Housing Authority (2), Legion Lighting (2)

Top Ten Associated People:

Eugene Schneur (5), Steven Vegh (3), Mordechai Kosolowitz (3), Ron Moelis (3), Michael Bellovin (2), Bianca Geary (2), Brian Raddock (1), Nancy E. Sexton (1), Jonathan Gouveia (1), Sanford Loewentheil (1)

Recent activity as signatory:

• Camber Property Group borrowed $19.6 million from Merchants Bank of Indiana for 1971 Grand Avenue and 1975 Grand Avenue, Morris Heights, Bronx on November 07, 2024.

• Camber Property Group borrowed $63.5 million from Merchants Bank of Indiana for 2060 Pitkin Avenue, East New York, Brooklyn on November 07, 2024.

• Camber Property Group borrowed $96.3 million from Merchants Capital for 579 Blake Avenue, 592 Sutter Avenue, 330 Sheffield Avenue, and 350 Sheffield Avenue, East New York, Brooklyn on October 10, 2024.

• Camber Property Groupand Harlem Congregations For Community Improvement borrowed $58.5 million from Merchants Bank of Indiana for 1131 Ogden Avenue, Highbridge, Bronx on October 10, 2024.

• Camber Property Group borrowed $71.1 million from NYC Housing Development Corporation for 1601 Dekalb Avenue, Bushwick, Brooklyn on January 03, 2024.

• Sanford Loewentheiland Claire Satheand Ommeed Sathe sold 477 Lenox Avenue, Harlem, Manhattan for $7.4 million to Camber Property Group on October 13, 2023.

• Camber Property Group borrowed $89.6 million from Citibank for 221 Glenmore Avenue and 241 Glenmore Avenue, East New York, Brooklyn on August 09, 2023.

• Legion Lighting sold 241 Glenmore Avenue, East New York, Brooklyn for $2.6 million to Camber Property Group on August 09, 2023.

• Legion Lighting sold 221 Glenmore Avenue, East New York, Brooklyn for $6.9 million to Camber Property Group on August 09, 2023.

• Camber Property Group borrowed $783 million from NYC Housing Development Corporationand New York City Housing Authority for 3841 Baychester Avenue, 1149GAR East 229th Drive North, 1151 East 229th Street, 1107 East 229th Street, 1166 Grenada Place, and others, Edenwald, Bronx on July 07, 2023.