Croman Real Estate

(Centennial Properties, 9300 Realty, Centennial Properties NY)

740 Broadway 2nd Floor New York, NY 10003

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$1.3 billion -walkup 74%, elevator 10%, mixed-use 7%; Manhattan 99%*

215th largest portfolio by dollar value

1,573,458 sqft – walkup 76%, elevator 16%, mixed-use 4%; Manhattan 100%

343th largest by SF

147 properties – Manhattan 100%

35th largest

2,415 residential units – Manhattan 100%

154th largest by residential units

387 foreclosures, 1 bankruptcy, 15 other court cases.

Borrower company: 50 for $0

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $5.5 million from Flagstar Bank, signed by Mitchel Baffa, secured by 434 West 52 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $4.8 million from Flagstar Bank, signed by Mitchel Baffa, secured by 158 Avenue C, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $6.3 million from Flagstar Bank, signed by Mitchel Baffa, secured by 251 Avenue Of The Americas, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $7.5 million from Flagstar Bank, signed by Mitchel Baffa, secured by 304 West 11 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $7.7 million from Flagstar Bank, signed by Mitchel Baffa, secured by 219 East 28 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $9.6 million from Flagstar Bank, signed by Mitchel Baffa, secured by 939 2 Avenue, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $11.8 million from Flagstar Bank, signed by Mitchel Baffa, secured by 338 East 18 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $14.2 million from Flagstar Bank, signed by Mitchel Baffa, secured by 211 East 25 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $14.4 million from Flagstar Bank, signed by Mitchel Baffa, secured by 294 West 12 Street, when owned by Croman Real Estate.

• Bellwether Asset Management on October 20, 2025 bought a loan with an original principal of $14.5 million from Flagstar Bank, signed by Mitchel Baffa, secured by 342 East 18 Street, when owned by Croman Real Estate.