Maddd Equities
People:
Maddd Equities NYC portfolio
$1.3 billion -development 32%, industrial 16%, condo 14%; Manhattan 50%, Bronx 47%, Brooklyn 1%*
208th largest portfolio by dollar value
1,881,621 sqft – condo 33%, office 18%, retail 10%; Bronx 78%, Manhattan 15%, Brooklyn 6%
293th largest by SF
38 properties – Bronx 78%, Manhattan 19%, Brooklyn 2%
290th largest
1,223 residential units – Manhattan 50%, Brooklyn 38%, Bronx 11%
330th largest by residential units
0 foreclosures, 0 bankruptcies, 7 other court cases.
Company Activity past 24 months:
Buyer company: 7 for $110.2 million
Seller company: 1 for $28.6 million
Borrower company: 10 for $344.4 million
Developer (new building or major alteration): 3 for 307,918 square feet
Top Ten Associated Companies:
Valley National Bank (4), LibreMax Capital (4), NYC Housing Development Corporation (3), Metropolitan Commercial Bank (3), Webster Bank (2), Natixis (2), TD Bank (2), Ladder Capital (2), First Federal Savings of Middletown (1), Low Income Investment Fund (1)
Top Ten Associated People:
Victor Brown (3), Roger Rofe (2), Frank Bruttomesso (2), Ruth Moreira (1), Sharon A. Fagan (1), Uche S. Osuji (1), Yechiel Newhouse (1), John G. Nicol (1), Ana Rosu Marmann (1), Lauren Connors (1)
Recent activity as company:
• Abingdon Square Partners sold 437 Devoe Avenue for $10.8 million to Maddd Equities on July 28, 2026.
• Maddd Equities borrowed $7 million from Israel Discount Bank for 437 Devoe Avenue on July 28, 2026.
• Maddd Equities borrowed $22 million from Wells Fargo for 4778 Broadway, Inwood, Manhattan on June 29, 2026.
• Maddd Equities borrowed $36 million from LibreMax Capital for 582 Grand Concourse on June 23, 2026.
• Maddd Equities and Joy Construction borrowed $17 million from Valley National Bank for 73 Prince Street on June 22, 2026.
• Raz Itzhaki, Eyal Golan, Jason Friedland, Benjamin Friedland and Michael Friedland sold 825 East 140 Street for $6.8 million to Maddd Equities on May 04, 2026.
• Maddd Equities borrowed $5 million from First Federal Savings of Middletown for 825 East 140 Street on May 04, 2026.
• Joy Construction, Maddd Equities and Bogopa Enterprises borrowed $139.4 million from NYC Housing Development Corporation for 1941 Jerome Avenue on April 16, 2026.
• Maddd Equities for Jorge Madruga filed plans for major alteration for 53,785 sqft in Concourse Village, Bronx, on March 27, 2026.
• Sterling Equities sold 1334 Louis Nine Boulevard, 1334 Louis Nine Boulevard, and 1334 Louis Nine Boulevard, East Morrisania, Bronx for $10.8 million to Maddd Equities on December 23, 2025.
Latest Stories:
• Maddd Equities pays $6.8M for likely dev site in Mott Haven (May 20, 2026)
• Maddd Equities, Stagg Group pay $29.965M for dev site in Fordham Manor (May 09, 2025)
• Maddd Equities, partners, pay $8M for office in Fordham Manor (January 24, 2025)
• Success Academy signs $150M construction loan for school in Concourse (November 26, 2024)
• Maddd Equities pays $22.6M for 333-unit dev site in Morris Heights (September 17, 2024)
• Vantage Elevation signs $45M loan for six properties in Concourse (October 03, 2023)
• Maddd Equities signs $42.5M refi for grocery retail under Queensboro Bridge (July 11, 2023)
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