Daniel Wheeler
Senior Vice President
Community Preservation Corporation
(CPC Mortgage Company)
220 East 42nd Street, 16th Floor New York, New York 10017
Community Preservation Corporation NYC portfolio
$120.5 million -elevator 89%, walkup 10%; Brooklyn 99%*
1338th largest portfolio by dollar value
599,143 sqft – elevator 92%, walkup 7%; Brooklyn 100%
726th largest by SF
7 properties – Brooklyn 100%
1450th largest
564 residential units – Brooklyn 100%
539th largest by residential units
73 foreclosures, 1 bankruptcy, 0 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $11.2 million
Lender signatory: 5 for $105.8 million
Top Ten Associated Companies:
Lemle & Wolff Companies (2), 1 MetroTech Center suite 1803 registered (1), Neighborhood Restore (1), Bronx Pro Group (1), Behrooz Shavolian (1)
Top Ten Associated People:
Jonathan Rubin (1), Anivelca Cordova (1), Salvatore D’Avola (1), Samantha Magistro (1), Joseph J. Zitolo (1), Ben Shavolian (1)
Recent activity as signatory:
• iCross Capital borrowed $22.8 million from NY Advantage Funding for 26-46 4th Street and 26-46 4th Street, Astoria, Queens on February 18, 2026.
• Behrooz Shavolian borrowed $13.1 million from Community Preservation Corporation for None on February 04, 2026.
• Lemle & Wolff Companies borrowed $6.4 million from Community Preservation Corporation for 430 West 204 Street on January 20, 2026.
• Bronx Pro Group borrowed $19 million from Community Preservation Corporation for 774 Union Avenue on December 18, 2025.
• Neighborhood Restore borrowed $23.1 million from Community Preservation Corporation for 641 Chauncey Street on May 29, 2025.
• Lemle & Wolff Companies borrowed $44.1 million from Community Preservation Corporation for 43-12 50 Street on May 06, 2025.
• Community Preservation Corporation sold 293 Mcguinness Boulevard for $11.2 million to 1 MetroTech Center suite 1803 registered on February 28, 2025.
• Stagg Group borrowed $24.2 million from Berkadia Commercial Mortgage for 4435 White Plains Road on October 01, 2024.
• Denis Sahmanovik borrowed $5.5 million from Emerald Creek Capital for 28-02 14 Street on May 10, 2024.
• Northern Manhattan Improvement Corporation borrowed $5.4 million from City of New York for 21 Arden Street on March 13, 2023.
Latest Stories:
• Ben Shavolian signs $13.1M refi for 39-unit rental in Kingsbridge (February 11, 2026)
• Lemle & Wolff signs $44.1M construction loan for 55-unit project CPC in Sunnyside (June 02, 2025)
• Lender sells formerly foreclosed rentals for $11.2M in Greenpoint (March 05, 2025)
• Stagg Group signs $24.2M refi with Berkadia for 82-unit rental in Wakefield (November 11, 2024)
• Matthew Lawrence pays $7M for Sunnyside dev site with 61 units planned (May 03, 2022)
