Ponte Equities

Ponte Equities NYC portfolio

$60 million* – mixed-use 43.0%, hotel 23.0%; Manhattan 99.0%, Bronx 0.0%

1622th largest portfolio by dollar value

139,556 sqft – hotel 60%, office 26%;

1545th largest by SF

5 properties – Manhattan 100%, Bronx 0%

1553th largest

5 residential units – Manhattan 100%, Bronx 0%

5317th largest by residential units

Top Ten Associated Companies:

Cross River Bank (2), BankUnited (1), LMF Commercial (1)

Recent activity as company:

Ponte Equities borrowed $7.4 million from Cross River Bank for 505-513 Canal Street, Hudson Square, Manhattan on January 24, 2023.

Ponte Equities borrowed $10.7 million from LMF Commercial for 503 Canal Street, Soho, Manhattan on August 16, 2021.

Ponte Equities borrowed $7.5 million from BankUnited for 62 Beach Street, Tribeca, Manhattan on July 15, 2021.

Ponte Equities borrowed $8 million from Cross River Bank for 431 Washington Street, 433 Washington Street, Tribeca, Manhattan on August 11, 2020.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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