Tsilo Group

Tsilo Group portfolio

$4 million* – development 100%; Queens 100%, Manhattan 0%

4222th largest portfolio by dollar value

37,000 sqft – development 100%;

3314th largest by SF

2 properties – Queens 100%, Manhattan 0%

3607th largest

92 residential units – Queens 100%, Manhattan 0%

1507th largest by residential units

Top Ten Associated Companies:

Ponce Bank (2)

Top Ten Associated People:

Carlos P. Naudon (2)

Recent activity as company:

Tsilo Group borrowed $38 million from Ponce Bank for 25-21 Broadway, Astoria, Queens on July 27, 2022.

Tsilo Group borrowed $6 million from Ponce Bank for 25-21 Broadway and 25-33 Broadway, Astoria, Queens on July 12, 2022.

Properties:

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

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