Orbach Affordable Housing Solutions

(Orbach Group)

PO Box 1624, Englewood Cliffs, NJ 07632

orbachgroup.com

People:

To see the 1 person from this company you need a Professional level subscription

Subscribe ($125/month)

Orbach Affordable Housing Solutions NYC portfolio

$1.6 billion -elevator 76%, condo 23%; Manhattan 99%*

132th largest portfolio by dollar value

1,863,438 sqft – elevator 75%, condo 24%; Manhattan 100%

259th largest by SF

3 properties – Manhattan 100%

2635th largest

1,491 residential units – Manhattan 100%

223th largest by residential units

Notes

Orbach Affordable Housing Solutions is the affordable division of Orbach Group. Website: The Orbach Group is a full-service real estate organization that owns and manages a diverse portfolio of quality assets across the country.

Company Activity past 24 months:

Borrower company: 2 for $815.7 million

• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $290.6 million from Apollo Global Management and RXR Realty for 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan on January 27, 2025.

• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $146 million from Apollo Global Management for 435 East 60 Street on January 31, 2024.

• Solow Realty & Development sold 1281 2 Avenue for $402.6 million to Black Spruce Management and Orbach Affordable Housing Solutions on April 20, 2023.

• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $110.1 million from 2020-K740 for 419 East 60 Street on November 23, 2022.

• Solow Realty & Development sold 419 East 60 Street for $193.7 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.

• Solow Realty & Development sold 1 East River Place for $410 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.

• Solow Realty & Development sold 435 East 60 Street for $221.3 million to Black Spruce Management and Orbach Affordable Housing Solutions on November 23, 2022.

• Solow Realty & Development sold 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan for $387.5 million to Black Spruce Management and Orbach Affordable Housing Solutions on September 23, 2022.

• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $290.6 million from JPMorgan Chase for 685 First Avenue, 685 First Avenue, and 685 First Avenue, Murray Hill, Manhattan on September 23, 2022.