Landpex Development

Landpex Development portfolio

$5.3 million* – elevator 100%; Brooklyn 100%, Manhattan 0%

3705th largest portfolio by dollar value

248 residential units – Brooklyn 100%, Manhattan 0%

761th 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 the city’s Market Value, which is typically 50% or less of actual market value.

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