Mequity Companies
Owner
People:
Mequity Companies NYC portfolio
$124 million -office 53%, industrial 46%; Manhattan 100%*
1325th largest portfolio by dollar value
113,810 sqft – industrial 54%, office 45%; Manhattan 100%
2192th largest by SF
2 properties – Manhattan 100%
3640th largest
Notes
“Mequity Companies is a real estate group focused on the development, construction, and operation of self storage facilities.” (company website)
Company Activity past 24 months:
Buyer company: 1 for $23.8 million
Borrower company: 2 for $93.2 million
Top Ten Associated Companies:
Elsee LP (1), OakNorth Bank (1), Cerberus Capital Management (1), QuadReal Property Group (1)
Top Ten Associated People:
Michael Corridan (1), Derek Richter (1)
Recent activity as company:
• Mequity Companies borrowed $43 million from QuadReal Property Group for 47 East 21 Street on December 17, 2024.
• Mequity Companies and Flatiron Equities borrowed $50.2 million from Elsee LP and OakNorth Bank for 156 West 36 Street on September 09, 2024.
• Falcon Properties sold 156 West 36 Street for $23.8 million to Mequity Companies and Flatiron Equities on September 09, 2024.
• Mequity Companies borrowed $35.1 million from Cerberus Capital Management for 47 East 21 Street on January 20, 2021.
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