Caro Enterprises

People:

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Caro Enterprises NYC portfolio

$66.8 million* – elevator 100%; Manhattan 39%, Brooklyn 39%

1514th largest portfolio by dollar value

368,806 sqft – elevator 100%;

772th largest by SF

3 properties – Manhattan 33%, Brooklyn 33%

2290th largest

388 residential units – Manhattan 51%, Queens 30%

530th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $20 million

Top Ten Associated Companies:

Vincent Ventura (2), New York Community Bank (1), Bank of America (1), Wells Fargo (1), Hines Interests (1)

Top Ten Associated People:

Jessica Fritts (1), Janice E. Walker (1)

Recent activity as company:

Caro Enterprises borrowed $20 million from Bank of America for 390 Wythe Avenue, Williamsburg, Brooklyn on September 23, 2024.

CARO Enterprises borrowed $37.3 million from Hines Interests for 390 Wythe Avenue, Williamsburg, Brooklyn on July 14, 2021.

CARO Enterprises borrowed $20 million from Wells Fargo for 1562 1st Avenue, Yorkville, Manhattan on July 06, 2020.

CARO Enterprises sold 1364 York Avenue, the Upper East Side, Manhattan for $6 million to Vincent Ventura on February 13, 2020.

CARO Enterprises sold 1368 York Avenue, the Upper East Side, Manhattan for $7.8 million to Vincent Ventura on February 13, 2020.

CARO Enterprises borrowed $10.2 million from New York Community Bank for 34-43 Crescent Street, Astoria, Queens on September 09, 2019.

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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