Elh Mgmt.
People:
Elh Mgmt. NYC portfolio
$897.3 million* – elevator 54.0%, walkup 40.0%; Brooklyn 87.0%, Bronx 8.0%
187th largest portfolio by dollar value
2,469,069 sqft – elevator 57.0%, walkup 37.0%;
125th largest by SF
94 properties – Brooklyn 85%, Manhattan 11%
89th largest
2,396 residential units – Brooklyn 84.0%, Manhattan 8.0%
83th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $240 million
Borrower company: 3 for $232.4 million
Top Ten Associated Companies:
Arker Companies (3), Related Companies (3), Deutsche Bank (2), AMS Realty (2), Wells Fargo (1)
Top Ten Associated People:
Matthew Finkle (3), David K Zussman (3), Alexander Arker (3), Dina Arker (3), Daniel Moritz (3), Abram Shnay (2)
Recent activity as company:
• Tredway and Elh Mgmt. borrowed $97.2 million from Wells Fargo for 80 Greene Avenue, 53 St Felix Street, 33 St Felix Street, and 221 Ashland Place, Fort Greene, Brooklyn on June 26, 2024.
• AMS Realty sold 53 St Felix Street, 33 St Felix Street, and 221 Ashland Place, Fort Greene, Brooklyn for $55 million to Tredway and Elh Mgmt. on June 26, 2024.
• AMS Realty sold 80 Greene Avenue, Fort Greene, Brooklyn for $35 million to Tredway and Elh Mgmt. on June 26, 2024.
• Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management borrowed $120 million from Deutsche Bank for 2930 West 30th Street, 2966 West 28th Street, and 2828 West 28th Street, Coney Island, Brooklyn on June 13, 2023.
• Arker Companies and Related Companies sold 2930 West 30th Street, Coney Island, Brooklyn for $61.4 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• Arker Companies and Related Companies sold 2828 West 28th Street, Coney Island, Brooklyn for $28.5 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• Arker Companies and Related Companies sold 2966 West 28th Street, Coney Island, Brooklyn for $60.1 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• ELH Mgmt. borrowed $15.2 million from Deutsche Bank for 1078 Putnam Avenue, 1080 Putnam Avenue, 1076 Putnam Avenue, 609 Willoughby Avenue, 1434 Broadway, and others, Bedford Stuyvesant, Brooklyn on March 20, 2023.
Latest Stories:
• Tredway and ELH Mgmt. pay $90M to AMS Realty for four rentals in Fort Greene (June 27, 2024)
• Tredway, Gilbane Development, ELH Mgmt. pay Arker, Related $150M (June 14, 2023)
Properties: