Steel Equities
Steel Equities NYC portfolio
$238.3 million -industrial 60%, specialty 39%; Brooklyn 100%*
849th largest portfolio by dollar value
625,782 sqft – industrial 72%, specialty 27%; Brooklyn 100%
708th largest by SF
14 properties – Brooklyn 100%
727th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Borrower company: 2 for $71.4 million
Top Ten Associated Companies:
JPMorgan Chase (2), TD Bank (2), New York Community Bank (1)
Top Ten Associated People:
Leart Saliu (2), Brian J. Terry (1)
Recent activity as company:
• Steel Equities borrowed $52.9 million from JPMorgan Chase for 59 Paidge Avenue on May 22, 2024.
• Steel Equities borrowed $18.4 million from JPMorgan Chase for 99 Paidge Avenue on May 22, 2024.
• Steel Equities borrowed $70 million from TD Bank for 319 Johnson Avenue on July 23, 2021.
• Joseph Brunner sold 403 Johnson Avenue for $12.8 million to Steel Equities on December 31, 2020.
• Princeton Real Estate Partners sold 403 Johnson Avenue for $18.2 million to Steel Equities on December 31, 2020.
• Yaakov Roth sold 375 Johnson Avenue for $20 million to Steel Equities on October 29, 2020.
• Steel Equities borrowed $22 million from New York Community Bank for 100 Apollo Street on October 29, 2020.
• Steel Equities borrowed $50.2 million from TD Bank for None on June 15, 2020.
Latest Stories:
• Steel Equities buys 50% stake in troubled E. W’burg site from Bruman Realty (January 14, 2021)
• Steel Equities borrows $22M from New York Community for property in Brooklyn (November 23, 2020)
• Steel Equities pays $20M to Yaakov Roth for property in East Williamsburg (November 18, 2020)
• Steel Equities refinances $50.2M from TD Bank for property in East Williamsburg (July 07, 2020)
Court Records:
Properties: