Silverback Development
People:
Silverback Development NYC portfolio
$39.9 million* – elevator 100%; Brooklyn 100%, Manhattan 0%
2101th largest portfolio by dollar value
41,500 sqft – elevator 100%;
3150th largest by SF
22 residential units – Brooklyn 100%, Manhattan 0%
3082th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Top Ten Associated Companies:
First Republic Bank (1), Sculptor Capital Management (formerly Och-Ziff) and Michael Dell’s MSD Partners (1), Oz Real Estate (1), Emmes Asset Management Company (1)
Top Ten Associated People:
Rosetta Collins Stewart (1)
Recent activity as company:
• Silverback Development and Robert Kahen borrowed $30 million from First Republic Bank for 67 Livingston Street, Brooklyn Heights, Brooklyn on December 08, 2022.
• Silverback Development borrowed $12.9 million from Emmes Asset Management Company for 580 Gerard Avenue, Longwood Melrose, Bronx on October 02, 2020.
• Silverback Development borrowed $90 million from Sculptor Capital Management (formerly Och-Ziff) and Michael Dell’s MSD Partners for 351 2nd Avenue, 353 2nd Avenue, 359 2nd Avenue, Gramercy, Manhattan on January 06, 2020.
• Silverback Development borrowed $25.8 million from Oz Real Estate for 351 2 Avenue, 353 2 Avenue, 359 2 Avenue, Gramercy, Manhattan on August 06, 2019.
Latest Stories:
• Karten claims Silverback blocking $17M Bronx refi, as default looms (October 26, 2021)
• Silverback pays $16.9M to Emmes Asset for garage in Longwood Melrose (October 05, 2020)
• Silverback borrows $13M from Emmes to buy garage in Longwood Melrose (October 05, 2020)
• Silverback Development obtained financing of $26M from Oz Real Estate (August 07, 2019)
Court Records:
Properties: