Amish Patel
Two Trees Management
Owner
45 Main Street Suite 1200 Brooklyn, NY 11201
Two Trees Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.2 billion – office 33.0%, condo 32.0%; Brooklyn 82.0%, Manhattan 17.0%
51th largest portfolio by dollar value
4,541,072 sqft – office 37.0%, condo 27.0%;
61th largest by SF
58 properties – Brooklyn 91%, Manhattan 8%
100th largest
2,681 residential units – Brooklyn 82.0%, Manhattan 17.0%
68th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 5 for $434.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wells Fargo (7), JPMorgan Chase (3), M&T Bank (3), Minnesota Life Insurance Company (1), Provident Bank (1), Fannie Mae (1), NYS Housing Finance Agency (1)
Top Ten Associated People:
Alexander D. Carni (2), Ryan Cawley (2), Brianna Larson (1), Jennifer L. Wolf (1), Karl Seus (1), Natalya M. Robles (1), Anna Belobrovka (1), Christian Adrian (1), Bogdan Tereshchenko (1)
Recent activity as signatory:
• Two Trees Management borrowed $243.7 million from Fannie Maeand NYS Housing Finance Agencyand Wells Fargo for 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, 325 Kent Avenue, and 325 Kent Avenue, Williamsburg, Brooklyn on January 09, 2025.
• Two Trees Management borrowed $75 million from Wells Fargo for 105 River Street, 87 River Street, and 4 North 1st Street, None, Brooklyn on November 13, 2024.
• Two Trees Management borrowed $98 million from JPMorgan Chase for 45 Main Street, DUMBO, Brooklyn on May 09, 2024.
• Two Trees Management borrowed $5 million from Provident Bank for 424 Hoyt Street, Carroll Gardens, Brooklyn on January 11, 2024.
• Amish Patel borrowed $12.5 million from Minnesota Life Insurance Company for 194 Atlantic Avenue and 194 Atlantic Avenue, Brooklyn Heights, Brooklyn on December 29, 2023.
• Two Trees Management borrowed $15.2 million from M&T Bank for 80 Wythe Avenue, Williamsburg, Brooklyn on January 04, 2023.
• Two Trees Management borrowed $221 million from JPMorgan Chase for 346 Kent Avenue, Williamsburg, Brooklyn on December 28, 2022.
• Two Trees Management borrowed $145 million from JPMorgan Chase for 346 Kent Avenue, Williamsburg, Brooklyn on December 28, 2022.
• Two Trees Management borrowed $90 million from Wells Fargo for 39 Washington Street, DUMBO, Brooklyn on November 28, 2022.
• Two Trees Management borrowed $52.1 million from M&T Bank for 50 West 23rd Street, Flatiron, Manhattan on March 15, 2021.