Landpex Development

Landpex Development NYC portfolio

$143.8 million* – elevator 100.0%; Brooklyn 100.0%, Manhattan 0.0%

944th largest portfolio by dollar value

248 residential units – Brooklyn 100%, Manhattan 0%

759th largest by residential units

Company Activity past 24 months:

Borrower company: 2 for $196.3 million

Top Ten Associated Companies:

Dwight Capital (2), Bank Leumi (1)

Recent activity as company:

• Landpex Development borrowed $108.2 million from Dwight Capital for 2230 Cropsey Avenue, Gravesend, Brooklyn on March 19, 2024.

• Landpex Development borrowed $88.2 million from Dwight Capital for 2230 Cropsey Avenue, Gravesend, Brooklyn on March 15, 2024.

• Landpex Development borrowed $87.4 million from Bank Leumi for 2218 Cropsey Avenue and 2230 Cropsey Avenue, Gravesend, Brooklyn on April 16, 2021.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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