Slate Property Group
(Scale Lending)
Lender
440 Park Avenue South 3rd Floor New York, NY 10016
People:
Slate Property Group NYC portfolio
$3.5 billion -elevator 44%, hotel 22%, industrial 12%; Manhattan 59%, Brooklyn 22%, Queens 14%*
57th largest portfolio by dollar value
4,177,838 sqft – elevator 62%, hotel 21%, walkup 7%; Manhattan 61%, Queens 21%, Brooklyn 14%
99th largest by SF
76 properties – Manhattan 50%, Brooklyn 29%, Bronx 11%
100th largest
4,550 residential units – Manhattan 53%, Brooklyn 21%, Queens 21%
54th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 5 for $440.9 million
Seller company: 4 for $52.2 million
Borrower company: 17 for $1.4 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 (4), White Oak Financial (3), Bank Leumi (2), Westhab (2), Citibank (2), NYS Housing Finance Agency (2), Apollo Global Management (2), HUBB NYC (2)
Top Ten Associated People:
Joseph Biancoviso (4), Eric Tanjeloff (3), Richard Nightingale (2), Lauren Connors (2), Jeffrey Horowitz (2), Alana Moran (2), Kenneth A. Stagnari (2), Raymond Zeitouny (1), Joseph Ferrara (1), Emily Kurtz (1)
Recent activity as company:
• 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.
• Slate Property Group and Avenue Realty Capital borrowed $31.1 million from White Oak Financial for 45 White Street on March 11, 2026.
• Benchmark Real Estate Group sold 45 White Street for $32 million to Slate Property Group and Avenue Realty Capital 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.
• Sioni Group and Patriarch Equities sold 377 7 Avenue for $260 million to Slate Property Group and Breaking Ground on December 19, 2025.
• Slate Property Group and Breaking Ground borrowed $295.5 million from Wells Fargo, NYS Housing Finance Agency, NYC Department of Housing Preservation and Development and Low Income Investment Fund for 377 7 Avenue on December 19, 2025.
• Thorobird Companies and Slate Property Group borrowed $146.5 million from NYC Housing Development Corporation for 588 Eldert Lane on December 18, 2025.
• Slate Property Group and Avenue Realty Capital borrowed $64 million from Starwood Property Trust for 159 Boerum Street on October 16, 2025.
Latest Stories:
• 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: