Woodmont Development

651 Willowbrook Rd Ste 205 Staten Island, NY 10314

People:

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Woodmont Development portfolio

$14.6 million* – industrial 100%; Brooklyn 56%, Bronx 43%

2142th largest portfolio by dollar value

152,278 sqft – industrial 100%;

1471th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

3132th largest

Company Activity past 24 months:

Borrower company: 1 for $22 million

Top Ten Associated Companies:

PGIM Real Estate (1)

Top Ten Associated People:

Mark Kramer (1)

Recent activity as company:

Woodmont Development borrowed $22 million from PGIM Real Estate for 4700 Glenwood Road and 2385 Hollers Avenue, East Flatbush, Brooklyn on December 31, 2024.

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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