Scale Lending
(Slate Property Group)
440 Park Avenue South 3rd Floor New York, NY 10016
Scale Lending NYC portfolio
$3.7 billion -elevator 42%, hotel 21%, industrial 16%; Manhattan 57%, Brooklyn 25%, Queens 14%*
58th largest portfolio by dollar value
4,194,838 sqft – elevator 61%, hotel 21%, walkup 7%; Manhattan 61%, Queens 21%, Brooklyn 14%
100th largest by SF
79 properties – Manhattan 46%, Brooklyn 29%, Queens 13%
99th largest
4,550 residential units – Manhattan 53%, Brooklyn 21%, Queens 21%
56th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 4 for $416.5 million
Seller company: 4 for $52.2 million
Borrower company: 18 for $1.6 billion
Lender company: 6 for $545.8 million
Developer (new building or major alteration): 7 for 1,445,892 square feet
Top Ten Associated Companies:
Dime Community Bank (8), Signature Bank (7), NYC Housing Development Corporation (5), White Oak Financial (3), Citibank (2), Westhab (2), JPMorgan Chase (2), Bank Leumi (2), HUBB NYC (2), Apollo Global Management (2)
Top Ten Associated People:
Joseph Biancoviso (4), Eric Tanjeloff (3), Lauren Connors (3), Kenneth A. Stagnari (2), Richard Nightingale (2), Jeffrey Horowitz (2), Alana Moran (2), Elias Bouzakis (1), Mahesh Aiyer (1), Lior Levy (1)
Recent activity as company:
• Watermark Capital Group borrowed $105 million from Walker & Dunlop for 41-01 24 Street on June 30, 2026.
• Beitel Group borrowed $298.4 million from Barings for 355 Exterior Street on June 24, 2026.
• Slate Property Group and RiseBoro Community Partnership borrowed $162.9 million from NYC Housing Development Corporation for None on June 23, 2026.
• Slate Property Group borrowed $86.2 million from Ares Management for 37-05 30th Street, 37-05 30th Street, 37-05 30th Street, 37-05 30th Street, and 37-05 30th Street, Long Island City, Queens on June 01, 2026.
• Beitel Group borrowed $175 million from Varde Partners for 120 East 144 Street on May 20, 2026.
• CSC Real Estate borrowed $108 million from Slate Property Group for None on April 14, 2026.
• Benchmark Real Estate Group sold 45 White Street for $32 million to Slate Property Group and Avenue Realty Capital on March 11, 2026.
• Slate Property Group and Avenue Realty Capital borrowed $31.1 million from White Oak Financial for 45 White Street on March 11, 2026.
• Clipper Equity borrowed $140 million from Berkshire Residential Investments for 2378 Bedford Avenue on March 03, 2026.
• Slate Property Group borrowed $26.2 million from Webster Bank for 129 East 54 Street on January 08, 2026.
Latest Stories:
• Slate Property Group signs $86.2M refi with Ares for 186-unit rental in LIC (June 23, 2026)
• Slate, Avenue Realty pay $32M to Benchmark for 16-unit rental in Tribeca (March 25, 2026)
• Clipper Equity signs $140M refi with Berkshire for 354-unit rental in Flatbush (March 09, 2026)
• Blue Sky Builders signs $43M construction loan for 82-unit project in Gowanus (February 10, 2026)
• Slate signs $26.2M refi with Webster for 64-unit rental in Midtown East (January 22, 2026)
• Joyland Group, Allan Lebovits sign $190M refi with Corebridge in Williamsburg (November 19, 2025)
Court Records:
Properties: