Cerco Funding

(Cerco Bridge Loans)

Lender

Private Equity

230 Central Park South, PH17 New York NY 10019 USA

People:

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Company Activity past 24 months:

Buyer company: 1 for $8.6 million

Seller company: 1 for $10 million

Lender company: 5 for $98.1 million

Top Ten Associated Companies:

CSC Real Estate (1)

Top Ten Associated People:

Alberto Smeke Saba (1)

Recent activity as company:

Bogopa Enterprises and Shorewood Real Estate Group borrowed $28.5 million from PCCP for 370 Grand Concourse on March 03, 2026.

City Urban Realty borrowed $16.8 million from Cerco Funding for None on February 27, 2026.

Cerco Funding ground leased 136 East 57 Street valued at $10 million to CSC Real Estate on February 20, 2026.

CSC Real Estate borrowed $23.5 million from Genesis LLC for 136 East 57 Street on February 20, 2026.

Avi Hiaeve borrowed $19 million from Genesis LLC for 7 East 59 Street on February 19, 2026.

United American Land borrowed $28 million from Cerco Funding for 421 Broadway on November 25, 2025.

United American Land borrowed $18 million from Cerco Funding for 410 Broadway on November 12, 2025.

Silk & Halpern Realty Associates ground leased 136 East 57 Street valued at $8.6 million to Cerco Funding on February 19, 2025.

Shorewood Real Estate Group and Spencer An borrowed $20 million from Cerco Funding for 370 Grand Concourse on December 12, 2024.

Sumaida + Khurana borrowed $15.3 million from Cerco Funding for 23 Avenue Of The Americas on December 02, 2024.

Latest Stories:

• City Urban Realty pays $14M for dev site in SoHo (March 17, 2026)

• Bogopa, Shorewood sign $28.5M refi with PCCP for 304-unit dev site in Mott Haven (March 10, 2026)

• CSC Real Estate pays $10M to Cerco Funding for office in Midtown East (March 09, 2026)

• Diamond, watch dealer Avi Hiaeve signs $19M refi loan with Genesis LLC for office in Lenox Hill (February 25, 2026)

• United American Land refis two SoHo properties with $42M from Cerco, Metropolitan (December 05, 2025)

• Beitel Group signs $155M refi with Dwight Capital for newly built rentals in Mott Haven (August 18, 2025)

• Cerco Funding acquires $8.6M Midtown East office ground lease after AEW, ABS default (March 07, 2025)

• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)

• Sumaida + Khurana affiliate pays $18.1M for mixed-use in Tribeca (December 18, 2024)

• Beitel Group signs $29M refi with Slate in Mott Haven (September 17, 2024)

Court Records:

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