Urian Yap

Cfo

Madison Realty Capital

Owner, Lender

Private Equity

520 Madison Ave Suite 3501New York, NY 10022

Madison Realty Capital portfolio

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

$448.9 million – elevator 52.0%, walkup 21.0%; Manhattan 50.0%, Brooklyn 26.0%

139th largest portfolio by dollar value

3,118,678 sqft – elevator 65.0%, walkup 11.0%;

99th largest by SF

73 properties – Manhattan 54%, Brooklyn 32%

85th largest

3,207 residential units – Brooklyn 39.0%, Manhattan 32.0%

52th largest by residential units

7 foreclosures, 4 bankruptcies, 6 other court cases.

Person Activity past 24 months:

Buyer signatory: 2 for $106.5 million

Seller signatory: 7 for $233.1 million

Borrower signatory: 5 for $188.4 million

Lender signatory: 4 for $744.4 million

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

Top Ten Associated Companies:

ConnectOne Bank (2), Madison Realty Capital (2), RFR Holding (1), Maxim Capital Group (1), Solomon Feder (1), Son Dinh Tran (1), Rabsky Group (1), Apollo Global Management (1), Sam Sprei (1), Emigrant Bank (1)

Top Ten Associated People:

Richard Froom (1), Eric Sadkin (1), Solomon Feder (1), Alice M. Layne (1), Son Dinh Tran (1), Simon Dushinsky (1), Jeffrey Horowitz (1), Yechiel S. Sprei (1), Urian Yap (1), Samit Mody (1)

Recent activity as signatory:

• Ian Schrager borrowed $173.2 million from Madison Realty Capital for 215 Chrystie Street, Lower East Side, Manhattan on November 15, 2024.

• RFR Holding borrowed $82.4 million from Madison Realty Capital for 201 3rd Street, 225 3rd Street, and 169 3rd Street, Gowanus, Brooklyn on November 06, 2024.

• Icon Realty Management borrowed $29.3 million from Starwood Property Trust for 300 West 22nd Street, Chelsea, Manhattan on November 06, 2024.

• Madison Realty Capital sold 753 9th Avenue, Hell’s Kitchen, Manhattan for $5 million to Breuer Herskowitz registered on October 31, 2024.

• RB Realty Capital borrowed $104.8 million from Varde Partners for 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, 97-12 65th Road, and others, Rego Park, Queens on October 07, 2024.

• Madison Realty Capital sold 421 West 21st Street, Chelsea, Manhattan for $18.5 million to Sky Management on September 19, 2024.

• Madison Realty Capital borrowed $15.9 million from Maxim Capital Group for 4452 Broadway and 44 Fairview Avenue, Washington Heights, Manhattan on September 11, 2024.

• HAP Investments sold 4452 Broadway and 44 Fairview Avenue, Washington Heights, Manhattan for $26.5 million to Madison Realty Capital on September 11, 2024.

• Madison Realty Capital sold 67-105 Pacific Street, Cobble Hill, Brooklyn for $65 million to Rockrose Development on August 30, 2024.

• Madison Realty Capital sold 3052 Brighton 1st Street, Brighton Beach, Brooklyn for $13.1 million to Sam Sprei on August 07, 2024.