IceCap Group
(Ice Lender Holdings, O5 Group, Oved Group)
Lender
Private Equity
70 W 36th St. 13th Fl New York, NY 10018
31 W 34th St. 4th floor New York, NY 10001
People:
IceCap Group NYC portfolio
$126.4 million -office 71%, mixed-use 23%, development 3%; Manhattan 95%, Bronx 3%, Brooklyn 1%*
1301th largest portfolio by dollar value
297,029 sqft – office 92%, C1 3%, mixed-use 1%; Manhattan 94%, Bronx 4%, Brooklyn 1%
1196th largest by SF
6 properties – Bronx 50%, Manhattan 33%, Brooklyn 16%
1632th largest
42 residential units – Bronx 85%, Brooklyn 14%
2808th largest by residential units
2 foreclosures, 0 bankruptcies, 1 other court case.
Notes
O5 Group is the name for several divisions of an apparel, real estate and investment company, the Oved Group, founded by Isaac Oved.
Company Activity past 24 months:
Buyer company: 1 for $30 million
Borrower company: 1 for $11 million
Lender company: 49 for $422.9 million
Top Ten Associated Companies:
Banque J. Safra Sarasin (1), Safra National Bank (1), BCB Community Bank (1)
Top Ten Associated People:
Jules Moor (1), Michel Priester (1), Courtney Walker (1), Stephan Mazzacca (1), Angeles Desantis (1)
Recent activity as company:
• Cheskel Salamon borrowed $8.5 million from IceCap Group for 2256 Morris Avenue and 2258 Morris Avenue, Fordham Heights, Bronx on April 15, 2026.
• L&A Developers Group borrowed $26 million from IceCap Group for 19 East 198 Street on April 10, 2026.
• Joel Guttman borrowed $11.8 million from Popular Bank for 443 East Tremont Avenue on April 01, 2026.
• Isreal Chaim Hirsch and Chayim Rosenfeld borrowed $15.2 million from Symetra Life Insurance Company for 19 Montauk Avenue on March 31, 2026.
• Joel Silberstein borrowed $5 million from Grasshopper Bank for 1981 Crotona Avenue on March 27, 2026.
• Shimshon Grunstein borrowed $6.4 million from Spencer Savings Bank for 358 East 134 Street on March 25, 2026.
• Westbridge Realty Group borrowed $28.2 million from Ponce Bank for 2359 Lorillard Place on March 19, 2026.
• Cheskel Stiel borrowed $7.8 million from Broadview Capital for 870 Seton Place on March 18, 2026.
• Gedalya Feldman borrowed $11.2 million from IceCap Group for None on March 12, 2026.
• Moses Neuman and Melissa Goldberger borrowed $14 million from IceCap Group for None on March 04, 2026.
Latest Stories:
• Chaim Weiss pays $2.8M for 38-unit dev site in University Heights (March 23, 2026)
• Zev Mayer pays $4.6M for 99-unit dev site in Mt Hope, borrows $6.2M (February 25, 2026)
• Grun Group, partners pay $2.8M to Galaxy G.C. for 44-unit Mott Haven dev site (January 29, 2026)
• Isaac Oved’s O5 Group pays $30M for mixed-use retail in Penn Plaza (November 20, 2025)
• Westbridge Realty Group pays $6.2M for 99-unit dev site in Brownsville (October 31, 2025)
Court Records:
Properties: