Brian Shatz

Madison Realty Capital

520 Madison Ave Suite 3501New York, NY 10022

Madison Realty Capital|S3 Capital|Madison Realty Capital|Apollo Global Management portfolio

$448.9 million* – elevator 52.0%, walkup 21.0%; Manhattan 50.0%, Brooklyn 26.0%

145th largest portfolio by dollar value

3,118,678 sqft – elevator 65.0%, walkup 11.0%;

105th largest by SF

73 properties – Manhattan 54%, Brooklyn 32%

128th largest

3,207 residential units – Brooklyn 39.0%, Manhattan 32.0%

57th largest by residential units

11 foreclosures, 4 bankruptcies, 6 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $6.8 million

Borrower signatory: 3 for $227.7 million

Lender signatory: 1 for $109.8 million

Top Ten Associated People:

Alexander Forkosh (1), Matthew Barry (1), Michael Stern (1), Zhongyin Lyu (1), Mendel Fleischman (1), Jason Behfarin (1), Joseph Safdie (1), David Goldwasser (1), Eric Chan (1), Robert Riggs (1)

Recent activity as company:

Madison Realty Capital borrowed $8.5 million from Community Preservation Corporation for 3052 Brighton 1st Street, Brighton Beach, Brooklyn on February 09, 2024.

Madison Realty Capital borrowed $179.2 million from Elliott Investment Management for 65 Dupont Street and 75 Dupont Street, Greenpoint, Brooklyn on January 04, 2024.

Madison Realty Capital sold 364 Bay Street, Tompkinsville, Staten Island for $6.8 million to Paradigm Management on December 22, 2023.

Five Points Development borrowed $109.8 million from Madison Realty Capital for 262 5th Avenue, NoMad, Manhattan on November 13, 2023.

Bruman Realty borrowed $57.5 million from Deutsche Bank for 296 Wythe, Williamsburg, Brooklyn on October 10, 2023.

Madison Realty Capital borrowed $40 million from Maxim Capital Group for 65 Dupont Street and 75 Dupont Street, Greenpoint, Brooklyn on July 31, 2023.

Madison Realty Capital sold 323 Court Street and 321 Court Street, Carroll Gardens, Brooklyn for $8.1 million to JSAF Capital on February 06, 2023.

Madison Realty Capital borrowed $105 million from G4 Capital Partners for 14 5th Avenue, Greenwich Village, Manhattan on January 09, 2023.

Madison Realty Capital sold 285 Graham Avenue, Williamsburg, Brooklyn for $5.5 million to Mendel Fleischman on January 05, 2023.

Cornell Realty Management bankrupt sold 159 Broadway and N/A Broadway, Williamsburg, Brooklyn for $32 million to Madison Realty Capital on November 23, 2022.

Latest Stories:

• Mendel Fleischman signs $12.3M refi for two properties in Williamsburg (January 31, 2025)

• Courts roundup: $71M in 3 pre-foreclosures at Namdar, Madison Realty Capital, Yoel Goldman assets (January 13, 2025)

• BSE Global pays $10.3M for One Hanson retail in Fort Greene, debt was $22M in 2018 (November 18, 2024)

• Madison Realty Capital sells 12-unit walkup in Hell’s Kitchen for $5M (November 01, 2024)

• $28M pre-foreclosure filed at Lightstone Management’s 69-unit East Flatbush rental (August 22, 2024)

• Sam Sprei pays $13.1M to Madison Realty Capital for 41-unit rental in Brighton Beach following bankruptcy (August 08, 2024)

• $23.8M foreclosure auction for Madison Realty Capital’s One Hanson retail set for late May (April 25, 2024)

• Arch Companies places Nostrand Ave $50M-plus rental in bankruptcy to effectuate sale (March 11, 2024)

• Madison Realty Capital acquires bankrupt 41-unit rental in Brighton Beach, $24M transfer value (February 12, 2024)

• Optimum Asset signs $81.8M refi with German pension fund for three properties in Lower East Side (January 31, 2024)

Court Records:

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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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