Allan Lebovits

President

Allan Lebovits

Owner

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Allan Lebovits|BridgeCity Capital NYC portfolio

$238.4 million -development 75%, D6 17%, V0 7%; Brooklyn 100%*

831th largest portfolio by dollar value

96,957 sqft – D6 69%, retail 26%, V0 3%; Brooklyn 100%

2406th largest by SF

4 properties – Brooklyn 100%

2154th largest

336 residential units – Brooklyn 100%

764th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $6 million

Borrower signatory: 3 for $352.6 million

Top Ten Associated People:

Joseph Banda (1), Kevin Pivnick (1), DuWayne C. Pass (1), Martin Davidson (1), Lily Guo (1)

Recent activity as signatory:

Allan Lebovits and Joyland Group borrowed $190 million from Corebridge Financial and Blackstone Group for 26 Boerum Street on November 07, 2025.

Allan Lebovits borrowed $12.6 million from iCross Capital for 817 Classon Avenue on January 10, 2025.

• Joyland Group and Loketch Group borrowed $150 million from TPG Real Estate Partners for 26 Boerum Street on July 26, 2024.

Solid Rock Pentecostal Church sold 817 Classon Avenue for $6 million to Loketch Group on April 02, 2024.

Joseph Banda borrowed $55 million from Bridge City Funding for 441 4 Avenue on January 28, 2022.

Allan Lebovits borrowed $11 million from Citibank for 2233 Nostrand Avenue on April 01, 2021.

Latest Stories:

• Joyland Group, Allan Lebovits sign $190M refi with Corebridge in Williamsburg (November 19, 2025)

• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg (August 01, 2024)

• Loketch Group pays $6M to church for dev site with 19 units planned in Crown Heights (April 08, 2024)

• Joyland Group signs $31.5M construction loan with Cross River Bank for in Williamsburg (April 04, 2023)

• Loketch Group, partners sign $90M construction loan with Scale Lending for 274-unit development in Williamsburg (December 07, 2022)

• Eliahu Nahman signs $30.2M refi with Lincoln Benefit for fee under residential project in Park Slope (June 17, 2022)

• Loketch, Joyland, and Meral pay $53.9M to The Collective for dev site in Williamsburg (February 02, 2022)

• Joseph Banda borrows $37M from Bank Leumi for construction in Park Slope (January 17, 2020)

Properties:

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