Tredway
(Tredway Group)
650 Fifth Avenue 20th Floor New York NY 10019
People:
Tredway NYC portfolio
$510.1 million -elevator 85%, walkup 8%, condo 5%; Brooklyn 83%, Queens 16%*
437th largest portfolio by dollar value
3,002,728 sqft – elevator 88%, condo 5%, D1 3%; Brooklyn 75%, Queens 24%
155th largest by SF
13 properties – Brooklyn 92%, Queens 7%
785th largest
2,560 residential units – Brooklyn 76%, Queens 23%
125th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Multifamily property owner and developer.
Company Activity past 24 months:
Buyer company: 4 for $215.1 million
Borrower company: 6 for $466.5 million
Top Ten Associated Companies:
Deutsche Bank (2), Merchants Bank of Indiana (2), Freddie Mac (2), Wells Fargo (1)
Top Ten Associated People:
Matthew Tressler (2), Mario Aversa (1)
Recent activity as company:
• Phoenix Realty Group ground leased 234 Herkimer Street valued at $41.5 million to Tredway on May 15, 2026.
• Tredway borrowed $49 million from Merchants Bank of Indiana for 234 Herkimer Street on May 15, 2026.
• Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management borrowed $200 million from Deutsche Bank for 2727 Surf Avenue on June 18, 2025.
• Brookfield Asset Management, Tredway and Pembroke borrowed $30 million from Freddie Mac for 3627 Neptune Avenue on June 04, 2025.
• Brookfield Asset Management, Tredway and Pembroke borrowed $29.8 million from Freddie Mac for 3513 Neptune Avenue on June 04, 2025.
• Brookfield Properties and Tredway borrowed $60.5 million from Merchants Bank of Indiana for 125 Beach 17 Street on May 06, 2025.
• Related Companies sold 125 Beach 17 Street for $83.6 million to Brookfield Properties and Tredway on May 06, 2025.
• Tredway and Elh Mgmt. borrowed $97.2 million from Wells Fargo for 80 Greene Avenue on June 13, 2024.
• AMS Realty sold 54 Fort Greene Place for $55 million to Tredway and Elh Mgmt. on June 13, 2024.
• AMS Realty sold 80 Greene Avenue for $35 million to Tredway and Elh Mgmt. on June 13, 2024.
Latest Stories:
• Tredway and ELH Mgmt. pay $90M to AMS Realty for four rentals in Fort Greene (June 27, 2024)
• Tredway, Gilbane Development, ELH Mgmt. pay Arker, Related $150M (June 14, 2023)
• Related Companies obtained financing of $40M from TD Bank (July 23, 2019)
Court Records:
Properties:
