Urban View Development Group
People:
Urban View Development Group portfolio
$26.9 million* – elevator 37.0%, specialty 16.0%; Brooklyn 75.0%, Manhattan 22.0%
1430th largest portfolio by dollar value
135,318 sqft – elevator 40.0%, condo 20.0%;
1579th largest by SF
20 properties – Brooklyn 70%, Manhattan 15%
473th largest
184 residential units – Brooklyn 64.0%, Manhattan 20.0%
952th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $4.6 million
Borrower company: 6 for $67.4 million
Top Ten Associated Companies:
Carlyle Group (5), Greenbrook Partners (5), Terra Solid Capital (3), Genesis Capital (2), Bethpage Federal Credit Union (2), Goldman Sachs (2), Terra Capital Partners (1), Jonas Equities (1), Karl Larocca (1), Terra Solid Capital Ltd (1)
Top Ten Associated People:
Carter Martin (4), Siamak Darouvar (3), Laurence Bernstein (1), Tina Lin (1), Andrew Lendzioszek Jr. (1), Isamar Margareten (1), Sana S. Khaliq (1), Scott Sawyer (1), Gary Katz (1), Robert Gambitsky (1)
Recent activity as company:
• Urban View Development Group borrowed $15.5 million from Genesis Capital for 1071 Fulton Street, Clinton Hill, Brooklyn on September 20, 2023.
• Urban View Development Group borrowed $16.9 million from Popular Bank for 81-87 Irving Place, Clinton Hill, Brooklyn on June 28, 2023.
• Urban View Development Group borrowed $9.7 million from Bethpage Federal Credit Union for 1661 Summerfield Street, Ridgewood, Queens on May 12, 2023.
• Urban View Development Group sold 481 Dekalb Avenue and 483 Dekalb Avenue, Bedford Stuyvesant, Brooklyn for $4.6 million to Isamar Margareten on April 24, 2023.
• Urban View Development Group borrowed $6.9 million from Terra Solid Capital for 503 Evergreen Avenue, 503 Evergreen Avenue, 499 Evergreen Avenue, and 499 Evergreen Avenue, Bushwick, Brooklyn on April 14, 2023.
• Urban View Development Group borrowed $5.5 million from Bethpage Federal Credit Union for 446 West 55th Street, Hell’s Kitchen, Manhattan on April 11, 2023.
• Urban View Development Group borrowed $13 million from Terra Capital Partners for 418 East 75th Street, Lenox Hill, Manhattan on March 07, 2023.
• Urban View Development Group borrowed $5.3 million from Genesis Capital for 151 East 30th Street, Kips Bay, Manhattan on January 18, 2023.
• Karl Larocca sold 18 Orient Avenue, East Williamsburg, Brooklyn for $3.4 million to Urban View Development Group on December 29, 2022.
• Urban View Development Group borrowed $8.4 million from TriState Capital Bank for 812 Myrtle Avenue and 812 Myrtle Avenue, Bedford-Stuyvesant, Brooklyn on November 16, 2022.
Latest Stories:
• Isamar Margareten pays $4.6M to Urban View for dev site in Bedford Stuyvesant (April 25, 2023)
• Urban View signs $6.9M refi with Terra Solid Capital for condo in Bushwick (April 17, 2023)
• Urban View Development pays $3.4M in East Williamsburg (December 30, 2022)
• Carlyle Group ups walkup debt to $500M with Invesco for 39 properties in NYC (July 19, 2022)
• Urban View pays $5.8M to Downtown Capital for mixed-use in Lenox Hill (May 04, 2022)
• Urban View Development pays $8.2M to Jonas Equities for specialty in Clinton Hill (March 08, 2022)
Properties: