Phoenix Realty Group

410 Park Avenue Suite 600 New York, NY 10022

People:

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Phoenix Realty Group NYC portfolio

$226.3 million -elevator 45%, condo 27%, N2 15%; Bronx 48%, Manhattan 35%, Brooklyn 15%*

996th largest portfolio by dollar value

966,092 sqft – elevator 41%, condo 37%, N2 13%; Bronx 67%, Manhattan 18%, Brooklyn 13%

547th largest by SF

9 properties – Bronx 77%, Manhattan 11%, Brooklyn 11%

1264th largest

1,377 residential units – Bronx 74%, Manhattan 13%, Brooklyn 12%

300th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $80 million

Seller company: 1 for $41.5 million

Borrower company: 1 for $58.1 million

Top Ten Associated People:

Daniel Moritz (2), Jay Smith (1), Ruth Moreira (1), Adam Sussi (1)

Recent activity as company:

L+M Development Partners sold 1936 Amsterdam Avenue for $80 million to Phoenix Realty Group and Nuveen on July 28, 2026.

Phoenix Realty Group and Nuveen borrowed $58.1 million from Orix Corporation USA for 1936 Amsterdam Avenue on July 28, 2026.

Phoenix Realty Group ground leased 234 Herkimer Street valued at $41.5 million to Tredway on May 15, 2026.

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

• 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 $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.

Latest Stories:

• Tredway pays $41.5M for ground lease controlling two rentals in Bedford Stuyvesant (June 08, 2026)

• 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)

Properties:

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