Emerald Equity Group

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Emerald Equity Group NYC portfolio

$402.8 million* – walkup 62.0%, elevator 37.0%; Manhattan 62.0%, Bronx 37.0%

421th largest portfolio by dollar value

1,206,560 sqft – walkup 59%, elevator 40%;

276th largest by SF

49 properties – Manhattan 55%, Bronx 44%

190th largest

1,441 residential units – Manhattan 62%, Bronx 37%

159th largest by residential units

45 foreclosures, 0 bankruptcies, 7 other court cases.

Company Activity past 24 months:

Seller company: 1 for $20.1 million

Top Ten Associated Companies:

Sabal Capital Partners (4), Cedarbridge Management (3), Ladder Capital (1), Sabal Capital Group (1), Tweed Capital (1)

Top Ten Associated People:

David Traitel (1), Mark Irgang (1)

Recent activity as company:

• Emerald Equity Group sold 120 West 116th Street, 1917 Adam C Powell Blvd, 110 West 116th Street, and 110 St Nicholas Avenue, Harlem, Manhattan for $20.1 million to Ladder Capital on September 22, 2023.

• Emerald Equity Group borrowed $0 from Cedarbridge Management for 312 West 114th Street, Harlem, Manhattan on December 23, 2022.

• Emerald Equity Group borrowed $0 from Cedarbridge Management for 320 Manhattan Avenue, Harlem, Manhattan on December 23, 2022.

• Emerald Equity Group borrowed $0 from Cedarbridge Management for 350 Manhattan Avenue, Harlem, Manhattan on December 23, 2022.

• Emerald Equity Group borrowed $7 million from Tweed Capital for 47 West 71st Street, 41 West 89th Street, and 42 West 88th Street, Lincoln Square, Manhattan on January 22, 2021.

• Emerald Equity Group borrowed $14.4 million from Sabal Capital Partners for 1071 Franklin Avenue, 1134 West Farms Road, 2224 Lyon Avenue, 810 Ritter Place, Morrisania, Bronx on November 04, 2019.

• Emerald Equity Group borrowed $14.7 million from Sabal Capital Partners for 441 East 187th Street, 440 East 187th Street, 1202 Spofford Avenue, Tremont, Bronx on November 04, 2019.

• Emerald Equity Group borrowed $11.9 million from Sabal Capital Partners for 801 Freeman Street, 741 Hunts Point Avenue, Morrisania, Bronx on October 31, 2019.

• Emerald Equity Group borrowed $14.8 million from Sabal Capital Partners for 214 East 168th Street, 773 Melrose Avenue, 1235 Morris Avenue, Longwood Melrose, Bronx on October 31, 2019.

• Emerald Equity Group borrowed $14.3 million from Sabal Capital Group for 3038 Holland Avenue, 2120 Crotona Avenue, 1473 Fulton Avenue, 2150 Crotona Parkway, 620 Manida Street, Bronxwood, Bronx on October 29, 2019.