Binyamin Beitel

(Ben Beitel)

Ceo

Beitel Group

(Beitel)

Owner

1021 38th Street Brooklyn, NY 11219

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Beitel Group NYC portfolio

$1 billion -industrial 46%, development 40%, elevator 7%; Bronx 79%, Brooklyn 20%*

283th largest portfolio by dollar value

378,037 sqft – industrial 38%, elevator 28%, P5 15%; Brooklyn 65%, Bronx 34%

1084th largest by SF

17 properties – Brooklyn 70%, Bronx 29%

665th largest

1,681 residential units – Bronx 93%, Brooklyn 6%

234th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $84 million

Borrower signatory: 10 for $899.8 million

Developer (new building or major alteration): 3 for 0 square feet

Top Ten Associated Companies:

Slate Property Group (5), Parke Bank (3), William Nussen (2), MF1 Capital (2), John Lage (2), Lightstone Group (2), First Central Savings Bank (1), Citibank (1), Bank Hapoalim (1), Nora O’Donoghue (1)

Top Ten Associated People:

Stephen Krasman (3), William Nussen (2), Jonathan Pfeil (2), John Lage (2), Joseph Teichman (2), Brona McGirl and Nora O’Donoghue (1), Abraham M. Klein (1), Renee D’Orazio (1), Susan Weber (1), Chase Heichel (1)

Recent activity as signatory:

Beitel Group borrowed $298.4 million from Barings for 355 Exterior Street on June 24, 2026.

Beitel Group borrowed $175 million from Varde Partners for 120 East 144 Street on May 20, 2026.

Beitel Group borrowed $5.3 million from Parke Bank for 1533 60 Street on February 24, 2026.

Beitel Group borrowed $33 million from Valley National Bank for None on January 28, 2026.

Beitel Group borrowed $155 million from Dwight Capital for 315 Grand Concourse on August 07, 2025.

Beitel Group borrowed $35.8 million from Slate Property Group for 355 Exterior Street on July 18, 2025.

Beitel Group borrowed $53 million from Slate Property Group for 355 Exterior Street on July 18, 2025.

Lightstone Group sold 355 Exterior Street for $40.6 million to Beitel Group on July 18, 2025.

Lightstone Group sold 355 Exterior Street for $43.4 million to Beitel Group on July 18, 2025.

Beitel Group borrowed $24.8 million from Parke Bank for 1533 60 Street on June 12, 2025.

Latest Stories:

• Beitel Group signs $298.4M refi with Barings for 710-unit rental in Mott Haven (July 13, 2026)

• Beitel Group signs $175M refi loan with Varde Partners for 452-unit rental in Mott Haven (June 02, 2026)

• Beitel Group signs $155M refi with Dwight Capital for newly built rentals in Mott Haven (August 18, 2025)

• Beitel Group pays Lightstone $84M for two-building dev site in Mott Haven (July 25, 2025)

• Beitel Group signs $29M refi with Slate in Mott Haven (September 17, 2024)

• Beitel Group signs $150M construction loan with Slate’s Scale for 452-unit project in Mott Haven (April 23, 2024)

• Beitel Group signs $32.4M refi with Slate’s Scale for 470-unit project in Mott Haven (April 16, 2024)

• Beitel Group pays $3.5M to expand dev site in Borough Park (February 29, 2024)

• Beitel Group files plans for 32K sf office building in Borough Park (August 31, 2023)

• Beitel Group pays $4M for industrial in Borough Park (May 23, 2023)

Properties:

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