Security Mutual Life Insurance Company of New York

Lender

Life Insurance

100 Court Street PO Box 1625 Binghamton, New York 13902-1625

People:

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Notes

Website: In addition to our bond portfolio, we also have a commercial mortgage portfolio of $303.4 million secured by high-quality real estate and representing 9.93 percent of the Company’s total invested assets as of December 31, 2024.

Company Activity past 24 months:

Lender company: 1 for $5 million

Recent activity as company:

Joel Basch borrowed $24 million from Valley National Bank for 2330 Surf Avenue on May 05, 2026.

MZS Realty borrowed $5 million from Security Mutual Life Insurance Company of New York for 2768 Matthews Avenue on July 21, 2025.

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