Fannie Mae

(Federal National Mortgage Association)

Lender

1100 15th St NW Washington, DC 20005

People:

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Fannie Mae NYC portfolio

$28.1 million -walkup 69%, elevator 30%; Brooklyn 53%, Manhattan 30%, Bronx 16%*

3127th largest portfolio by dollar value

106,704 sqft – walkup 68%, elevator 31%; Bronx 41%, Manhattan 31%, Brooklyn 26%

2391th largest by SF

10 properties – Brooklyn 60%, Bronx 30%, Manhattan 10%

1178th largest

114 residential units – Bronx 42%, Brooklyn 31%, Manhattan 25%

1746th largest by residential units

61 foreclosures, 21 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 7 for $21.2 million

Lender company: 2 for $1.2 billion

Top Ten Associated Companies:

Joel Mittelman (1), R.A. Cohen & Associates (1)

Top Ten Associated People:

Joel Mittelman (1), Harry Stephenson (1)

Recent activity as company:

Stagg Group borrowed $8.2 million from Berkadia Commercial Mortgage for 6155 Broadway, Fieldston, Bronx on August 06, 2026.

Stagg Group borrowed $25.1 million from Berkadia Commercial Mortgage for 678 East 216 Street on August 06, 2026.

Related Companies borrowed $90 million from Wells Fargo for 14-50 Gateway Boulevard on June 30, 2026.

Metropolitan Realty Group borrowed $19.4 million from Greystone & Co. for 1704 Amsterdam Avenue on June 30, 2026.

Joyland Group borrowed $7.8 million from NCC Capital for 583 Jackson Avenue on June 25, 2026.

ABJ Properties borrowed $16 million from JPMorgan Chase for 169 East 90 Street on June 25, 2026.

Benchmark Real Estate Group borrowed $44.5 million from Citibank for 24 Avenue B on June 18, 2026.

Glenwood Management borrowed $38 million from Wells Fargo for 441 East 92 Street on June 04, 2026.

• 40 River Road cooperative borrowed $161.5 million from JLL for Fdr four freedoms park on April 29, 2026.

City Skyline Realty sold 2487 Creston Avenue for $2.4 million to Fannie Mae on April 08, 2026.

Latest Stories:

• Metropolitan Realty Group pays $19.2M to Aminim Group for two Harlem rentals (July 14, 2026)

• Related Companies signs $90M refi with Wells Fargo for five properties in Far Rockaway (July 08, 2026)

• ABJ Properties pays $22.9M to Aimco for five properties in Carnegie Hill (July 06, 2026)

• Related Companies signs $76.5M refi Walker &; Dunlop, Pretium for residential elevator in Chelsea (June 19, 2026)

• Glenwood Management signs $38M refi with Wells Fargo for 272-unit rental in Yorkville (June 17, 2026)

• 460-unit co-op signs $42M refi with Bank of America in Lenox Hill (March 12, 2026)

• Related signs $136.5M refi with NYC HDC for 619-unit rental in Long Island City (February 06, 2026)

• MDG Design signs $269.9M ground lease with NYCHA, borrows $995M for acquisition, rehab in Canarsie (January 22, 2026)

• Blackstone Group signs $3.15B refi with Wells Fargo for StuyTown, Peter Cooper (December 10, 2025)

• Rajmattie Persaud puts Bronx buildings with $61.5M debt in bankruptcy as prep for sale (December 01, 2025)

Court Records:

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Properties:

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