Phoenix Realty Group

Phoenix Realty Group NYC portfolio

$182.3 million -condo 49%, N2 19%, elevator 16%; Bronx 60%, Brooklyn 39%*

1031th largest portfolio by dollar value

1,142,944 sqft – condo 47%, elevator 35%, N2 11%; Bronx 57%, Brooklyn 42%

437th largest by SF

10 properties – Bronx 70%, Brooklyn 30%

1022th largest

1,472 residential units – Bronx 69%, Brooklyn 30%

232th largest by residential units

Top Ten Associated People:

Daniel Moritz (2), Ruth Moreira (1)

Recent activity as company:

• Abrams Capital and Belveron Partners sold 2481 AIR Southern Boulevard for $86 million to Phoenix Realty Group on January 21, 2022.

• Phoenix Realty Group borrowed $10.6 million from NYC Department of Housing Preservation and Development for 2481 AIR Southern Boulevard on January 21, 2022.

• Phoenix Realty Group borrowed $10.7 million from NYC Housing Development Corporation for 2413 Southern Boulevard on January 21, 2022.

• Phoenix Realty Group borrowed $64.8 million from Capital One for 513 Commonwealth Avenue on September 17, 2021.

• Phoenix Realty Group borrowed $12.6 million from Wells Fargo for 234 Herkimer Street on June 01, 2021.

• Phoenix Realty Group sold 305 Decatur Street for $18.5 million to Arker Companies on October 21, 2020.

• Phoenix Realty Group sold 15 Albany Avenue for $15 million to Arker Companies on October 21, 2020.

• Rocco Ron Romeo ground leased None valued at $26.7 million to Phoenix Realty Group on December 24, 2019.

• Phoenix Realty Group borrowed $180.8 million from NYC Housing Development Corporation for None on December 24, 2019.

• Settlement Housing Fund sold 270 Bay 37 Street for $35.5 million to Phoenix Realty Group on December 13, 2019.

Latest Stories:

• Phoenix Realty acquires interest from Abrams Capital, Belveron valued at $95M for five properties in Bronx (February 01, 2022)

• Phoenix Realty pays Joel Gluck’s Spencer Equity $91M for eight rentals in Soundview (October 05, 2021)

• Arker Companies pays $33.5M to Phoenix Realty Group for rentals in Bedford-Stuyvesant (November 25, 2020)

• Phoenix Realty Group and Artimus receive NB construction permit for a 543-unit, residential building in Jamaica (July 17, 2020)

• Joel Gluck borrows $50M from Santander Bank for multifamily property in Bronx (January 09, 2020)

• Artimus and Phoenix Realty Group revise Jamaica ground lease at lower value for 543-unit project (January 07, 2020)

• Artimus, Phoenix Realty Group, borrow $181M from NYC Housing Development Corp. for new construction in Jamaica (January 07, 2020)

• Goldman Sachs fund acquires interest from Settlement Housing Fund valued at $35.5M for multifamily in Gravesend (January 02, 2020)

• Rocco Ron Romeo obtained financing of $5M from Valley National Land

 (August 14, 2019)

• 260 Herkimer Street Limited Partnership obtained financing of $8M from New York City Housing Development (July 31, 2019)

Properties:

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