Concern For Independent Living

People:

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Concern For Independent Living NYC portfolio

$201.5 million* – specialty 37.0%, industrial 32.0%; Brooklyn 51.0%, Bronx 48.0%

738th largest portfolio by dollar value

202,546 sqft – elevator 84%, industrial 14%;

1196th largest by SF

6 properties – Brooklyn 66%, Bronx 33%

1296th largest

396 residential units – Brooklyn 74%, Bronx 25%

519th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $12.7 million

Borrower company: 2 for $48.5 million

Top Ten Associated People:

Emily Lehan (1), Dragos Adrian Firescu (1), Greg Maher (1), Dana Greenberg (1), Matthew Oprendek (1), Julie M. Behrens (1)

Recent activity as company:

Concern for Independent Living for Ralph Fasano filed plans for new building for 171,127 sqft in Mt Eden, Bronx, on August 11, 2023.

Concern for Independent Living borrowed $32.3 million from JPMorgan Chase and NYS Homeless And Housing Assistance for 2602 Pitkin Avenue, East New York, Brooklyn on May 04, 2023.

Concern for Independent Living borrowed $16.2 million from Leviticus Fund for 21 East Clarke Place, Mt Eden, Bronx on February 07, 2023.

Dragos Adrian Firescu sold 21 East Clarke Place, Mt Eden, Bronx for $12.7 million to Concern for Independent Living on February 07, 2023.

Concern for Independent Living borrowed $9 million from NYC Department of Housing Preservation and Development for 2015 Boardwalk West, Coney Island, Brooklyn on June 15, 2022.

Concern for Independent Living for Ralph Fasano filed plans for new building for 52,107 sqft in East New York, Brooklyn, on October 22, 2021.

St. James Church Fordham sold 2520 Jerome Avenue, Fordham, Bronx for $7.3 million to Concern for Independent Living on July 29, 2021.

Concern for Independent Living borrowed $57.2 million from NYS Housing Finance Agency for 2520 Jerome Avenue, Fordham, Bronx on July 29, 2021.

Concern for Independent Living borrowed $23.2 million from NYS Homeless Housing and Assistance Corporation for 410 Warwick Street, East New York, Brooklyn on July 26, 2021.

Concern for Independent Living sold 2337-2339 Pitkin Avenue, East New York, Brooklyn for $2.8 million to Hudson Housing Capital on July 12, 2021.

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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