Camber Property Group
116 E 27th St 11th floor New York, NY 10016
People:
Camber Property Group NYC portfolio
$2.2 billion -elevator 41%, condo 27%, industrial 20%; Brooklyn 52%, Bronx 34%, Manhattan 6%*
96th largest portfolio by dollar value
9,780,661 sqft – elevator 70%, condo 14%, D3 10%; Bronx 73%, Brooklyn 22%, Manhattan 2%
36th largest by SF
80 properties – Bronx 61%, Brooklyn 19%, Manhattan 13%
91th largest
9,707 residential units – Bronx 70%, Brooklyn 24%, Manhattan 3%
15th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $168.9 million
Seller company: 1 for $79.8 million
Borrower company: 11 for $1 billion
Developer (new building or major alteration): 6 for 781,938 square feet
Top Ten Associated Companies:
Merchants Bank of Indiana (9), Citibank (6), NYC Housing Development Corporation (5), Walker & Dunlop (3), Merchants Capital (3), Greystone & Co. (3), Harlem Congregations for Community Improvement (3), Signature Bank (2), Ladder Capital (1), Piller Capital Management (1)
Top Ten Associated People:
Bianca Geary (2), Mark Ableman (1), Paula Battista (1), Jamie A. Smarr (1), Lauren Connors (1), Timothy E. Martin (1), Blanca Geary (1), Richard Gerwitz (1), Nancy E. Sexton (1), Ruth Moreira (1)
Recent activity as company:
• Camber Property Group sold 219 Linden Boulevard for $79.8 million to Piller Capital Management on February 20, 2026.
• Camber Property Group and Settlement Housing Fund borrowed $17.2 million from Merchants Bank of Indiana for 1339 Morrison Avenue on December 22, 2025.
• Camber Property Group for Rick Gropper filed plans for major alteration for 147,454 sqft in Chelsea, Manhattan, on December 19, 2025.
• Camber Property Group borrowed $48.5 million from Ladder Capital for 721 Starr Street on November 19, 2025.
• Camber Property Group and Bowery Residents’ Committee borrowed $12.3 million from Citibank for 18-26 Redfern Avenue, Far Rockaway, Queens on November 14, 2025.
• Camber Property Group for Rick Gropper filed plans for new building for 121,285 sqft in Borough Park, Brooklyn, on September 02, 2025.
• Camber Property Group and Institute for Community Living borrowed $94.3 million from UMB Bank and Citibank for 2886 Atlantic Avenue on May 20, 2025.
• Jay Group and Jacob Aini sold 2886 Atlantic Avenue for $69 million to Camber Property Group and Institute for Community Living on May 20, 2025.
• Maguire Capital Group sold 1069 43 Street for $12.2 million to Camber Property Group on March 28, 2025.
• Camber Property Group borrowed $7.9 million from Citibank for 1069 43 Street on March 01, 2025.
Latest Stories:
• Piller Capital pays $79.8M to Camber for eight properties in Brooklyn (March 04, 2026)
• Camber pays $12.2M to Maguire Capital for dev site in Borough Park (April 04, 2025)
• Camber acquires 1,758 units in East New York from DeMatteis for reported $845M (January 27, 2025)
• Camber Property signs $58.4M construction loan for rentals in Soundview (January 08, 2024)
• Camber Property signs $44.5M construction loan for developments in Soundview (January 02, 2024)
Properties:
