Community Preservation Corporation
(CPC Mortgage Company)
Lender
Lender
220 East 42nd Street, 16th Floor New York, New York 10017
People:
Community Preservation Corporation NYC portfolio
$120.5 million -elevator 89%, walkup 10%; Brooklyn 99%*
1295th largest portfolio by dollar value
599,143 sqft – elevator 92%, walkup 7%; Brooklyn 100%
705th largest by SF
7 properties – Brooklyn 100%
1387th largest
564 residential units – Brooklyn 100%
510th largest by residential units
72 foreclosures, 1 bankruptcy, 0 other court cases.
Notes
Company: CPC Mortgage Company LLC is a full-service Agency lender offering a suite of Freddie Mac, Fannie Mae, and Federal Housing Administration (FHA) products. Our scope includes conventional, affordable, and small balance lending for the acquisition, refinance, rehabilitation and construction of multifamily housing. CPC Mortgage Company LLC is a subsidiary of The Community Preservation Corporation (CPC), an S&P AA- rated, nonprofit multifamily finance company founded in 1974.
Company Activity past 24 months:
Seller company: 1 for $11.2 million
Lender company: 36 for $576.6 million
Top Ten Associated Companies:
Walker & Dunlop (1), 1 MetroTech Center suite 1803 registered (1)
Top Ten Associated People:
Jonathan Rubin (1)
Recent activity as company:
• iCross Capital borrowed $22.8 million from NY Advantage Funding for 26-46 4th Street and 26-46 4th Street, Astoria, Queens on February 18, 2026.
• Behrooz Shavolian borrowed $13.1 million from Community Preservation Corporation for None on February 04, 2026.
• Thor Equities borrowed $10.1 million from Community Preservation Corporation for 95 Morningside Avenue on January 22, 2026.
• Thor Equities borrowed $10.8 million from Community Preservation Corporation for 213 West 116 Street on January 22, 2026.
• Thor Equities borrowed $14.5 million from Community Preservation Corporation for 259 West 101 Street on January 22, 2026.
• Lemle & Wolff Companies borrowed $6.4 million from Community Preservation Corporation for 430 West 204 Street on January 20, 2026.
• William N. Hubbard III borrowed $10.3 million from Community Preservation Corporation for None on December 29, 2025.
• Bronx Pro Group borrowed $19 million from Community Preservation Corporation for 774 Union Avenue on December 18, 2025.
• Sunny Capital Management borrowed $5.3 million from Bank of America for 192 East 3 Street on November 25, 2025.
• Sunny Capital Management and Icon Realty Management borrowed $7.1 million from Bank of America for 11 East 7 Street on November 25, 2025.
Latest Stories:
• Ben Shavolian signs $13.1M refi for 39-unit rental in Kingsbridge (February 11, 2026)
• Thor Equities signs $14.5M refi for 38-unit rental in Upper West Side (February 05, 2026)
• Community Builders signs $68.4M construction loan for 89 units in Far Rockaway (October 31, 2025)
• David Hazout pays $15.5M to RYCO Capital for 20-unit walkup in East Village (July 31, 2025)
• Khaloyan Kapital pays $12M to Madison Realty, partner, for 11-unit walkup in NoHo (July 17, 2025)
• Lockhill Properties pays $20.4M to RYCO for 24-unit rental in East Village (June 23, 2025)
• Lemle & Wolff signs $44.1M construction loan for 55-unit project CPC in Sunnyside (June 02, 2025)
• Lender sells formerly foreclosed rentals for $11.2M in Greenpoint (March 05, 2025)
Court Records:
Properties: