Progress Capital
(Progress Direct)
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
Top Ten Associated Companies:
Maddd Equities (1)
Top Ten Associated People:
Jorge Madruga (1)
Recent activity as company:
• Maddd Equities borrowed $5 million from Progress Capital for 2532 Grand Concourse, Fordham Manor, Bronx on January 23, 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 March 13, 2024.
• Dino Tomassetti Jr. and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 218 5th Avenue, NoMad, Manhattan on September 11, 2023.
Latest Stories:
• Maddd Equities, partners, pay $8M for office in Fordham Manor (January 24, 2025)
• Thomas Polsinelli pays $13.5M to Asset Realty for two rentals in Rockaway Park (March 14, 2024)
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)