SME Capital Ventures
(SME Capital)
Lender
200 Park Avenue New York, New York 10166
54 Thompson St New York, NY 10012
People:
SME Capital Ventures NYC portfolio
$62.2 million -industrial 74%, condo 25%; Manhattan 99%*
1908th largest portfolio by dollar value
90,383 sqft – industrial 72%, condo 27%; Manhattan 100%
2472th largest by SF
2 properties – Manhattan 100%
3582th largest
8 foreclosures, 4 bankruptcies, 12 other court cases.
Notes
SME Capital Ventures at times uses the name SME Capital, but that should not be confused with a UK company of the same name that is an alternative finance provider.
Company Activity past 24 months:
Buyer company: 1 for $46.2 million
Borrower company: 2 for $41 million
Lender company: 4 for $51.8 million
Top Ten Associated Companies:
Maxim Capital Group (1), G4 Capital Partners (1)
Top Ten Associated People:
Eric Sadkin (1)
Recent activity as company:
• Verdevelopment Group borrowed $7.6 million from Hirshmark Capital for 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, 28 Herbert Street, and 28 Herbert Street, Williamsburg, Brooklyn on January 30, 2026.
• Erno Bodek sold 545 West 21 Street for $46.2 million to SME Capital Ventures on December 29, 2025.
• SME Capital Ventures borrowed $25 million from G4 Capital Partners for 545 West 21 Street on December 29, 2025.
• SME Capital Ventures borrowed $16 million from Maxim Capital Group for 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, and others, SoHo, Manhattan on May 30, 2025.
• T30 Capital borrowed $17.5 million from SME Capital Ventures for 46 West 8 Street on May 02, 2025.
• Verdevelopment Group borrowed $13 million from SME Capital Ventures for 244 West 18 Street on December 24, 2024.
• 310 Kent Ave Suite 408 Brooklyn registered borrowed $16 million from SME Capital Ventures for 244 West 18 Street on August 05, 2024.
• LTNG borrowed $5.3 million from SME Capital for 76 North 8 Street on August 01, 2024.
• Sugar Hill Capital Partners borrowed $8.2 million from SME Capital Ventures for 46 West 8 Street on October 06, 2023.
• SME Capital Ventures on March 03, 2023 bought a loan with an original principal of $8 million from Emerald Creek Capital, signed by Mark Bahiri, secured by 244 West 18 Street, when owned by Joseph Nabavi.
Latest Stories:
• SME Capital signs $16M refi loan with Maxim for building in SoHo (June 06, 2025)
• Poise Property signs $6M construction loan with MidFirst Bank in Greenpoint (April 18, 2025)
• Reuben Pinner plans 19 units at former bankrupt Chelsea site bought for $10.5M (December 08, 2024)
• Partnership pays $4.5M to LTNG for dev site in Greenpoint (October 22, 2024)
• Anonymous buyer pays $10.5M for 35-unit condo dev site in Chelsea (August 16, 2024)
• Buyer pays $10M for retail in Greenwich Village (October 20, 2023)
• Chelsea developers sue to block looming UCC auction at “$80M” building (July 07, 2023)
• Joseph Nabavi puts $10M Chelsea residential project in bankruptcy (May 22, 2023)
Court Records:
Properties:
