Progress Capital

(Progress Direct)

Lender

Lender

620 Tinton Avenue Building B, 1st Floor, Tinton Falls, NJ 07724

48 Wall Street 11th Floor New York, NY 10005

People:

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Notes

Progress Capital is affiliated with and shares management and offices with Progress Realty Partners, a real estate investment firm.

Company Activity past 24 months:

Lender company: 1 for $5 million

Recent activity as company:

• Maddd Equities borrowed $5 million from Progress Capital for 2552 Grand Concourse on January 15, 2025.

• Thomas Polsinelli borrowed $12.8 million from Asset Realty & Construction Group for 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens on December 15, 2023.

• Dino Tomassetti Jr. and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 220 5 Avenue on August 30, 2023.

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