Calmwater Capital

Calmwater Capital NYC portfolio

$110.3 million* – elevator 75.0%, condo 24.0%; Brooklyn 75.0%, Manhattan 24.0%

1133th largest portfolio by dollar value

124,430 sqft – elevator 84%, condo 15%;

1674th largest by SF

19 properties – Manhattan 94%, Brooklyn 5%

479th largest

67 residential units – Brooklyn 73%, Manhattan 26%

1859th largest by residential units

2 foreclosures, 0 bankruptcies, 0 other court cases.

Top Ten Associated Companies:

RedSky Capital (2), City Urban Realty (2), Center Development Corporation (1), East End Capital (1), GDS Development (1), Joanne Wilson (1), Churchill Real Estate Holdings (1), Alexander Barrett (1), Barrett Design (1)

Top Ten Associated People:

Michael Alvandi (2), Michael Bauer (1), Emanuel Kanaris (1), William N. Hubbard (1), Benjamin Stokes (1), Jonathan K. Yormak (1), Michael Kirchmann (1), Joanne Wilson (1), Alexander Barrett (1)

Recent activity as company:

• City Urban Realty borrowed $7.5 million from Northeast Bank for 107 North 6th Street, Williamsburg, Brooklyn on February 02, 2024.

• City Urban Realty borrowed $9.7 million from Calmwater Capital for 95 North 6th Street, Williamsburg, Brooklyn on October 25, 2022.

• Calmwater Capital sold 3 East 3rd Street, East Village, Manhattan for $2.6 million to Joanne Wilson on June 07, 2022.

• GDS Development borrowed $6.7 million from Calmwater Capital for 255 10th Avenue, Chelsea, Manhattan on March 18, 2022.

• Barrett Design sold 3 East 3rd Street, East Village, Manhattan for $2.6 million to Calmwater Capital on February 15, 2022.

• East End Capital borrowed $34 million from Calmwater Capital for 48-02 48th Avenue and 48-15 50th Avenue, Sunnyside, Queens on February 03, 2022.

• Center Development Corporation sold 20 West Street, 20 West Street, 20 West Street, 20 West Street, 20 West Street, and others, Financial District, Manhattan for $14.8 million to Calmwater Capital on January 24, 2022.

• RedSky Capital sold 143 Roebling Street, Williamsburg, Brooklyn for $82.7 million to Calmwater Capital on January 14, 2022.

• City Urban Realty borrowed $5.4 million from Calmwater Capital for 107 North 6th Street, Williamsburg, Brooklyn on December 29, 2021.

• Sun Equity Partners borrowed $59 million from New York Community Bank for 40-31 82nd Street, Queens, Queens on December 23, 2020.