Ryan Nelson

Turnbridge Equities

MRP Realty

Turnbridge Equities|MRP Realty portfolio

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

$20.5 million – industrial 69%, V1 12%; Brooklyn 76%, Bronx 23%

1694th largest portfolio by dollar value

268,082 sqft – industrial 80%, P9 17%;

950th largest by SF

17 properties – Brooklyn 76%, Bronx 23%

140th largest

Person Activity past 24 months:

Buyer signatory: 4 for $67.5 million

Seller signatory: 1 for $57 million

Borrower signatory: 4 for $89.3 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 1 square feet

Top Ten Associated Companies:

Dune Real Estate Partners (4), East West Bank (3), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Glenmore Industries (1), Sandy Marks (1), Starwood Capital Group (1), Easco Boiler Corp. (1), Bridge Industrial (1)

Top Ten Associated People:

Eric Calder (4), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Harold Lebwhohl (1), Sandy Marks (1), Nick Nawaz (1), Tyren Eastmond (1), Steve Groetsema (1), Christine Falco (1)

Recent activity as signatory:

• Turnbridge Equities borrowed $63 million from Acore Capital for 1 Wortman Avenue, East New York, Brooklyn on December 20, 2024.

• Aaron Mencheand Daniel Skura sold 1 Wortman Avenue, East New York, Brooklyn for $29 million to Turnbridge Equities on December 20, 2024.

• Ryan Nelson filed plans for major alteration for 1 sqft in Bergen Beach, Brooklyn, on October 09, 2024.

• Turnbridge Equities borrowed $11.2 million from East West Bank for 2300 East 69th Street, 2250 East 69th Street, and N/A East 69th Street, Bergen Beach, Brooklyn on March 04, 2024.

• Peter K. Tully sold 2300 East 69th Street, 2250 East 69th Street, and N/A East 69th Street, Bergen Beach, Brooklyn for $16.6 million to Turnbridge Equities on March 04, 2024.

• Turnbridge Equities borrowed $5.9 million from East West Bank for 2350 East 69th Street, Bergen Beach, Brooklyn on January 24, 2024.

• Christine Falco sold 2350 East 69th Street, Bergen Beach, Brooklyn for $8.8 million to Turnbridge Equities on January 24, 2024.

• Turnbridge Equities sold 58-95 Maurice Avenue, Maspeth, Queens for $57 million to Bridge Industrial on December 21, 2023.

• Turnbridge Equities borrowed $9.3 million from East West Bank for N/A Shore Parkway, N/A Shore Parkway, N/A Shore Parkway, N/A Stillwell Avenue, 2320 Shore Parkway, and others, Gravesend, Brooklyn on May 24, 2023.

• Angela Paolino-Thompsonand Michael Paolinoand Thomas Paolino sold N/A Shore Parkway, N/A Shore Parkway, N/A Shore Parkway, N/A Stillwell Avenue, 2320 Shore Parkway, and others, Gravesend, Brooklyn for $13 million to Turnbridge Equities on May 18, 2023.