Beacon Communities

People:

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Beacon Communities NYC portfolio

$622.5 million* – elevator 100%; Bronx 100%, Manhattan 0%

266th largest portfolio by dollar value

811,921 sqft – elevator 100%;

396th largest by SF

4 properties – Bronx 100%, Manhattan 0%

1771th largest

958 residential units – Bronx 100%, Manhattan 0%

244th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $34.3 million

Borrower company: 1 for $419.6 million

Top Ten Associated People:

Jonathan Gouveia (1)

Recent activity as company:

Beacon Communities borrowed $419.6 million from Freddie Mac and NYC Housing Development Corporation for 3475 Bivona Street, 3550 Bivona Street, 2440-2456 Boston Road, and 3031-3035 Middletown Road, Eastchester, Bronx on October 07, 2024.

New York City Housing Authority sold 3475 Bivona Street, 3550 Bivona Street, 2440-2456 Boston Road, and 3031-3035 Middletown Road, Eastchester, Bronx for $34.3 million to Beacon Communities and MBD Community Housing on October 07, 2024.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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