Bear Creek Asset Management
Lender
People:
Bear Creek Asset Management NYC portfolio
$28 million -hotel 100%; Brooklyn 100%*
2973th largest portfolio by dollar value
33,882 sqft – hotel 100%; Brooklyn 100%
4119th largest by SF
Company Activity past 24 months:
Buyer company: 1 for $28 million
Borrower company: 1 for $19.4 million
Top Ten Associated Companies:
Deutsche Bank (1)
Top Ten Associated People:
Leroi Jiles (1), Feona Castro (1)
Recent activity as company:
• Bear Creek Asset Management borrowed $19.4 million from Deutsche Bank for None on August 29, 2025.
• Apex Investments sold None for $28 million to Bear Creek Asset Management on August 29, 2025.
• Yoel Zagelbaum borrowed $13 million from Mizuho Bank for 480 East 185 Street on February 24, 2023.
• Yoel Zagelbaum borrowed $30.2 million from Mizuho Bank for None on February 24, 2023.
• Yoel Zagelbaum borrowed $38.9 million from Mizuho Bank for 141 South Elliott Place on February 24, 2023.
• Yoel Zagelbaum borrowed $22.3 million from Mizuho Bank for 405 3 Avenue on February 24, 2023.
• Yoel Zagelbaum borrowed $9.5 million from Mizuho Bank for 1734 Webster Avenue on February 24, 2023.
• Yoel Zagelbaum borrowed $16.6 million from Mizuho Bank for 85-15 101 Avenue on November 02, 2022.
• Yoel Zagelbaum borrowed $20 million from Mizuho Bank for 429 West 52 Street on November 02, 2022.
• Yoel Zagelbaum borrowed $18.6 million from Mizuho Bank for 145 West 144 Street on November 02, 2022.
Latest Stories:
• Bear Creek Asset Management buys $28M homeless shelter in Greenpoint (September 18, 2025)
• Borough Developers pays $12M to Slate for 101-unit dev site in Fort Greene (January 09, 2024)
• Borough Developers plans 101-unit building in Fort Greene (December 02, 2023)
• Yoel Zagelbaum entities borrow $104.4M against 7 properties in NYC (March 02, 2023)
• Slate pays $42.6M to Salvation Army in Fort Greene (October 10, 2022)
• Yoel Zagelbaum affiliate pays $30.5M for homeless shelter building in Gowanus (August 18, 2022)
Properties:
