Cedar Park Capital
(Cedar Park Capital Management, Cedar Park Capital Partners, UG Real Estate Partners)
Owner
Private Equity
65 E. 55th Street 31st floor New York NY 10022
People:
Cedar Park Capital NYC portfolio
$51 million* – walkup 53%, mixed-use 46%; Brooklyn 100%
1856th largest portfolio by dollar value
62,459 sqft – walkup 83%, mixed-use 16%;
2564th largest by SF
9 properties – Brooklyn 100%
995th largest
65 residential units – Brooklyn 100%
1909th largest by residential units
Notes
SEC filing: UG Real Estate Partners LLC is a sponsor of real estate funds and forms a separate managing member entity for each investment.
Company Activity past 24 months:
Buyer company: 8 for $27.4 million
Borrower company: 1 for $17.7 million
Top Ten Associated Companies:
Black Spruce Management (8), Citizens Bank (1)
Top Ten Associated People:
Joshua Gotlib (8), Garrett Sokoloff (1)
Recent activity as company:
• Cedar Park Capital borrowed $17.7 million from Citizens Bank for 677 Meeker Avenue, 657 Meeker Avenue, 669 Meeker Avenue, 164 Kingsland Avenue, 667 Meeker Avenue, and others, Greenpoint, Brooklyn on April 15, 2025.
• Black Spruce Management sold 669 Meeker Avenue, Greenpoint, Brooklyn for $4 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 667 Meeker Avenue, Greenpoint, Brooklyn for $3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 661 Meeker Avenue, Greenpoint, Brooklyn for $2.9 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 657 Meeker Avenue, Greenpoint, Brooklyn for $4.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 166 Kingsland Avenue, Greenpoint, Brooklyn for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 164 Kingsland Avenue, Greenpoint, Brooklyn for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 5 Sutton Street, Greenpoint, Brooklyn for $3.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 3 Sutton Street, Greenpoint, Brooklyn for $3.4 million to Cedar Park Capital on April 15, 2025.
Latest Stories:
• Widow of Black Spruce Management co-founder battles company’s top executive (January 01, 2024)
Properties: