Grubb Properties

4601 Park Road Suite 450. Charlotte, NC 28209

grubbproperties.com/our-story/our-team

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Grubb Properties NYC portfolio

$342 million* – office 58%, development 41%; Queens 58%, Manhattan 41%

493th largest portfolio by dollar value

54,000 sqft – office 100%, development 0%;

2762th largest by SF

3 properties – Queens 66%, Manhattan 33%

2211th largest

879 residential units – Manhattan 52%, Queens 47%

261th largest by residential units

Company Activity past 24 months:

Borrower company: 7 for $557.5 million

Top Ten Associated Companies:

Maxim Capital Group (5), Emerald Creek Capital (1), Naftali Credit Partners (1), Fortress Investment Group (1), Kennedy Wilson (1), Crum & Forster (1), Vasiliki Falidas (1), Pink Stone Capital Group (1), Vasilios Falidas (1)

Top Ten Associated People:

Eric Sadkin (2), Eric Chan (2), Glenn Grimaldi (1), In Ku Lee (1), Michael P. McTigue (1), Vasiliki Falidas (1), Richard Ohebshalom (1), John Falidas (1), Vasilios Falidas (1), Joshua Knoll (1)

Recent activity as company:

• Grubb Properties borrowed $106.7 million from Maxim Capital Group for 111 Washington Street, Financial District, Manhattan on February 13, 2025.

• Grubb Properties borrowed $89.7 million from Maxim Capital Group for 111 Washington Street, Financial District, Manhattan on October 16, 2024.

• Grubb Properties borrowed $67.5 million from Maxim Capital Group for 111 Washington Street, Financial District, Manhattan on May 22, 2024.

• Grubb Properties borrowed $150 million from Kennedy Wilson and Crum & Forster for 41-34 27th Street, Long Island City, Queens on May 08, 2024.

• Grubb Properties borrowed $58.5 million from Maxim Capital Group for 41-34 27th Street, Long Island City, Queens on January 08, 2024.

• Grubb Properties borrowed $40 million from Maxim Capital Group for 41-34 27th Street, Long Island City, Queens on September 27, 2023.

• Grubb Properties borrowed $45.1 million from Naftali Credit Partners for 111 Washington Street, Financial District, Manhattan on August 10, 2023.

• Grubb Properties borrowed $25 million from Emerald Creek Capital for 25-01 Queens Plaza North and N/A 25th Street, Long Island City, Queens on January 05, 2022.

• Vasilios Falidas sold 25-01 Queens Plaza North and N/A 25th Street, Astoria, Queens for $63 million to Grubb Properties on September 28, 2021.

• Grubb Properties borrowed $60 million from Fortress Investment Group for 111 Washington Street, Financial District, Manhattan on September 24, 2021.