Low Income Investment Fund

Company Activity past 24 months:

Lender company: 8 for $133 million

Top Ten Associated People:

Matthew Sprayregen (2), Stanley Celius (1), David Beer (1), John Silviano (1), Juan Barahona (1), Eli S. Weiss (1), Matthew Lawrence (1), Andrew Esposito (1), Graham Browne (1), David Umansky (1)

Recent activity as company:

Shepard Morgan borrowed $8 million from Low Income Investment Fund for 27 West 11th Street, Greenwich Village, Manhattan on October 04, 2024.

Apex Development Group, Knickpoint Ventures and Forte Preparatory Academy borrowed $32 million from Enterprise Community Partners and Low Income Investment Fund for 78-06 Queens Boulevard, Elmhurst, Queens on July 05, 2024.

• Gilbane Development borrowed $13 million from Low Income Investment Fund for 1931 Lafayette Avenue, Unionport, Bronx on May 20, 2024.

Maddd Equities and Joy Construction borrowed $12.7 million from Low Income Investment Fund and Community Preservation Corporation for 1184 River Avenue, 1164 River Avenue, 1164 River Avenue, 1184 River Avenue, 1164 River Avenue, and others, Concourse, Bronx on March 26, 2024.

SMJ Development borrowed $13.7 million from Low Income Investment Fund for 68-19 Woodhaven Boulevard, Rego Park, Queens on October 26, 2023.

Barone Management borrowed $8.1 million from Low Income Investment Fund for 629 Courtlandt Avenue, Melrose, Bronx on August 16, 2023.

Breaking Ground borrowed $14.1 million from Low Income Investment Fund for 202 West 24th Street, Chelsea, Manhattan on July 20, 2023.

Joint Ownership Entity New York City borrowed $31.4 million from Low Income Investment Fund for 1315 Lafayette Avenue and 911 Simpson Street, Hunts Point, Bronx on July 11, 2023.

Knickpoint Ventures borrowed $5.9 million from Low Income Investment Fund for 261 Walton Avenue, Mott Haven, Bronx on July 11, 2022.

Settlement Housing Fund borrowed $15 million from Wells Fargo for 1607 Surf Avenue, Coney Island, Brooklyn on August 02, 2021.

Latest Stories:

• Hotel owner signs $8M construction loan for women’s shelter in Greenwich Village (October 07, 2024)

• Apex, Knickpoint pay $8M to Surjeet Kaur for charter school dev site in Elmhurst (July 08, 2024)

• SMJ Development signs $85.1M construction loan with city for development in Rego Park (July 05, 2024)

• Gilbane Development pays $11.7M to Asland Capital, Pembroke for parcel in Unionport (May 21, 2024)

• SMJ Development pays $12.5M for 133-unit dev site in Rego Park (October 27, 2023)

• Barone Management signs $8.1M construction loan for charter school in Melrose (August 17, 2023)

• Breaking Ground signs $14.1M rehab construction loan for 180-unit rental in Chelsea (July 21, 2023)

• Surjeet Kaur pays $6.2M for development in Elmhurst (July 14, 2023)

• JCAL Development plans 195-unit building in Mott Haven (November 02, 2022)

• Barone Management signs ground lease valued at $4.1M for redevelopment in Melrose (September 06, 2022)

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