Turnbridge Equities
People:
Turnbridge Equities NYC portfolio
$376.4 million -industrial 49%, development 37%, V1 8%; Brooklyn 49%, Bronx 45%, Queens 5%*
639th largest portfolio by dollar value
270,382 sqft – industrial 80%, P9 17%, specialty 1%; Brooklyn 89%, Bronx 9%
1357th largest by SF
23 properties – Brooklyn 56%, Bronx 30%, Queens 13%
484th largest
Company Activity past 24 months:
Buyer company: 3 for $49 million
Borrower company: 3 for $455.2 million
Developer (new building or major alteration): 1 for 88,251 square feet
Top Ten Associated Companies:
Dune Real Estate Partners (4), East West Bank (4), Strategic Value Partners (1), BentallGreenOak (1), Acore Capital (1), KKR & Co. (1), Bridge Industrial (1), Aresif Lender Llc (1), Starwood Capital Group (1)
Top Ten Associated People:
Eric Calder (4), Nick Nawaz (2), Lewis Schwartz (1), Stephen Lekki (1), Matthew Cervino (1), Naeem Nawaz (1), Steve Groetsema (1)
Recent activity as company:
• Dune Real Estate Partners and Turnbridge Equities borrowed $379.1 million from Strategic Value Partners for East 149 street on May 08, 2026.
• Turnbridge Equities borrowed $13.1 million from East West Bank for 20-35 130 Street on July 15, 2025.
• Ferdinand Provenzano sold 20-35 130 Street for $13.3 million to Turnbridge Equities on July 15, 2025.
• Ferdinand Provenzano sold 20-25 130 Street for $6.7 million to Turnbridge Equities on July 15, 2025.
• Aaron Menche and Daniel Skura sold 23 Cozine Avenue for $29 million to Turnbridge Equities on December 11, 2024.
• Turnbridge Equities borrowed $63 million from Acore Capital for 23 Cozine Avenue on December 11, 2024.
• Turnbridge Equities for Kevin Yang filed plans for new building for 88,251 sqft in East New York, Brooklyn, on July 31, 2024.
• Peter K. Tully sold 6830 Avenue W for $16.6 million to Turnbridge Equities on February 27, 2024.
• Turnbridge Equities borrowed $11.2 million from East West Bank for 6830 Avenue W on February 27, 2024.
• Christine Falco sold 2354 East 69 Street for $8.8 million to Turnbridge Equities on January 10, 2024.
Latest Stories:
• Turnbridge Equities pays $20M for industrial in College Point (August 11, 2025)
• Turnbridge Equities pays $29M for storage building dev site in East New York (December 23, 2024)
• Turnbridge Equities pays $16.6M for industrial properties in Bergen Beach (March 05, 2024)
• Turnbridge Equities pays $8.8M for sports club property in Bergen Beach (January 25, 2024)
• Bridge Industrial pays $57M to Turnbridge Equities for industrial in Maspeth (December 22, 2023)
• Turnbridge Equities signs $9.3M acquisition loan for $13M purchase in Gravesend (May 25, 2023)
• Turnbridge Equities pays $13M for six specialty properties in Gravesend (May 19, 2023)
• BentallGreenOak pays $20.4M for industrial in East New York where it was tenant (April 11, 2023)
Properties: