Beltway Capital Management

Lender

Executive Plaza II 11350 McCormick Road Suite 902 Hunt Valley, Maryland 21031

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Company Activity past 24 months:

Lender company: 1 for $0

Recent activity as company:

Beltway Capital Management on September 29, 2025 bought a loan with an original principal of $7 million from Blackstone Group, signed by Albert Picallo, secured by 336 West 46 Street, when owned by Shlomit Levy.

Directed Capital on April 17, 2025 bought a loan with an original principal of $15.5 million from Beltway Capital Management, signed by Jed Schaefer, secured by 199 Morgan Avenue, when owned by Shlomo Karpen.

Chestnut Holdings of New York borrowed $13.4 million from Beltway Capital Management for 975 Walton Avenue on December 28, 2023.

Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $10.4 million from Investors Bank, signed by Tucker Watson, secured by 293 Hawthorne Street, when owned by Daniel Gerard.

Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $15.5 million from Investors Bank, signed by Tucker Watson, secured by 199 Morgan Avenue, when owned by Shlomo Karpen.

Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $4 million from Investors Bank, signed by Tucker Watson, secured by 230 7 Avenue, when owned by Westfair Property Management.

Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $16.1 million from Investors Bank, signed by Tucker Watson, secured by 90 Sullivan Place, when owned by E&M Associates.

Beltway Capital Management on May 04, 2021 bought a loan with an original principal of an unknown amount from JPMorgan Chase Bank, signed by Rick L. Parker, secured by 1219 Oak Point Avenue, when owned by IMH Financial.

Latest Stories:

• Beltway Capital Management buys $7M note in foreclosure secured by 6-unit in Hell’s Kitchen (February 09, 2026)

• Shlomo Karpen signs $15M loan with JPMorgan Chase for industrial in East Williamsburg (January 29, 2026)

• Directed Capital buys $15.5M note at Shlomo Karpen’s industrial in East Williamsburg (April 24, 2025)

• Blackstone files two pre-foreclosures: $10.5M at RFR retail, $7M at Hell’s Kitchen rentals (November 09, 2024)

• Chestnut Holdings acquires bankrupt 182-unit rental in Concourse valued at $18M (January 10, 2024)

• Beltway Capital buys $15.5M note secured by Shlomo Karpen industrial building in East Williamsburg (December 15, 2022)

• Beltway Capital Management buys two notes for $20M in Crown Heights, Chelsea (December 14, 2022)

• Shlomit Levy pays $7.7M to Assa Properties for two properties in Hell’s Kitchen (November 15, 2021)

• RY Funding buys $8.5M note secured by Ezak Assa’s Midtown West properties (August 10, 2021)

• Namdar Realty buys $8.5M note secured by Assa Properties’ Midtown West buildings (July 06, 2021)

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