Timber Equities

Owner, Developer

Private Equity

1359 Broadway, Suite 820, New York, New York 10018

People:

To see the 2 people from this company you need a Professional level subscription

Subscribe ($125/month)

Timber Equities portfolio

$5 million* – elevator 56.0%, V1 16.0%; Bronx 70.0%, Manhattan 29.0%

3793th largest portfolio by dollar value

40,751 sqft – elevator 94%, V1 5%;

3188th largest by SF

5 properties – Manhattan 60%, Bronx 40%

1706th largest

55 residential units – Bronx 100%, Manhattan 0%

2068th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Borrower company: 3 for $84.3 million

Top Ten Associated Companies:

Bank Hapoalim (4), Webster Bank (1), Neil Fink (1), United States of America (1)

Top Ten Associated People:

Daniel De Diego (1), Neil Fink (1)

Recent activity as company:

Timber Equities borrowed $21 million from Bank Hapoalim for 5055 Broadway, Inwood, Manhattan on August 01, 2024.

Timber Equities borrowed $44 million from Bank Hapoalim for 168-174 West 225th Street, Marble Hill, Manhattan on November 08, 2023.

Timber Equities borrowed $19.3 million from Webster Bank for 2395 Palisade Avenue, Spuyten Duyvil, Bronx on February 13, 2023.

Neil Fink sold N/A Frederick Douglass B, None, Manhattan for $2.4 million to Timber Equities on November 30, 2022.

Timber Equities borrowed $19 million from Bank Hapoalim for 3893 Waldo Avenue, Fieldston, Bronx on November 21, 2022.

Timber Equities for Michel Perle filed plans for new building for 58,075 sqft in Harlem, Manhattan, on February 28, 2022.

Timber Equities for Michel Perle filed plans for new building for 113,399 sqft in Marble Hill, Bronx, on December 01, 2021.

Timber Equities for Michel Perle filed plans for new building for 52,376 sqft in Inwood, Manhattan, on September 08, 2021.

United States of America sold None, Inwood, Manhattan for $3.4 million to Timber Equities on November 23, 2020.

Timber Equities borrowed $17.5 million from Bank Hapoalim for 2395 Palisade Avenue, University Heights, Bronx on August 19, 2020.

Latest Stories:

• Timber Equities signs $48.25M contract for 128K Chelsea dev site (January 31, 2025)

• Timber Equities signs $21M construction loan with Bank Hapoalim for 60-unit project in Inwood (August 02, 2024)

• Timber Equities signs $26.5M construction loan for 52-unit project in Harlem (April 30, 2024)

• Timber Equities signs $44M construction loan with Bank Hapoalim in Marble Hill (November 09, 2023)

• Timber Equities signs $19.3M refi with Webster Bank for 55-unit rental in Spuyten Duyvil (February 14, 2023)

• Timber Equities pays $2.4M for dev site in Harlem (December 01, 2022)

• Timber Equities signs $19M construction loan for 29-unit development in Fieldston (November 22, 2022)

• Timber Equities pays $3.4M to federal government for seized property in Inwood (November 24, 2020)

• Timber Equities borrows $17.5M from Bank Hapoalim for 55-unit development in University Heights (August 20, 2020)

• ZONING LOT: 7 residential units in University Heights (July 24, 2019)

Court Records:

To see the 1 case for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 5 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply