Ultimate Care

1000 Gates Ave, 4th Floor Brooklyn, NY 11221

People:

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Ultimate Care NYC portfolio

$48.9 million* – industrial 100%; Brooklyn 100%

1910th largest portfolio by dollar value

59,597 sqft – industrial 100%;

2648th largest by SF

2 properties – Brooklyn 100%

3095th largest

Top Ten Associated Companies:

Bankwell Bank (1), Jacques Freund (1), Morris Lowy (1)

Top Ten Associated People:

Matthew McNeill (1), Jacques Freund (1), Morris Lowy (1)

Recent activity as company:

Ultimate Care, Leo Friedman and Samuel Gutman borrowed $32 million from Bankwell Bank for 667 Kent Avenue and 25 Hooper Street, Williamsburg, Brooklyn on October 04, 2022.

• Jacques Freund and Morris Lowy sold 667 Kent Avenue and 25 Hooper Street, Williamsburg, Brooklyn for $32 million to Ultimate Care, Leo Friedman and Samuel Gutman on October 03, 2022.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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