David Dushey

Jenel Real Estate

Owner

275 Madison Avenue, Suite 1100, New York, NY 10016

Jenel Real Estate NYC portfolio

$268.1 million* – retail 44%, hotel 44%; Manhattan 93%, Brooklyn 6%

599th largest portfolio by dollar value

307,184 sqft – hotel 65%, retail 19%;

884th largest by SF

4 properties – Manhattan 75%, Brooklyn 25%

1802th largest

348 residential units – Manhattan 100%, Bronx 0%

578th largest by residential units

Person Activity past 24 months:

Seller signatory: 2 for $254.7 million

Borrower signatory: 5 for $173.1 million

Top Ten Associated Companies:

Signature Bank (3), New York Community Bank (2), BankUnited (1), Webster Bank (1), Metropolitan Commercial Bank (1), Bank of America (1), Jackson Group (1), H.I.G. Capital (1), Apollo Global Management (1), KKR & Co. (1)

Top Ten Associated People:

Anthony McCoy (1), Adam Brenner (1), Ross Dahmen (1), Jay Shah (1), Jessica Fritts (1), Gabriel Chehebar (1), Jeffrey Wiseman (1), John Feijoo (1), Kenneth A. Stagnari (1), Jeffrey Horowitz (1)

Recent activity as signatory:

• Jenel Real Estate borrowed $12.8 million from BankUnited for 399 Knickerbocker Avenue, Bushwick, Brooklyn on March 20, 2025.

• Jenel Management borrowed $45 million from Webster Bank for 22-11 31st Street, Ditmars Steinway, Queens on November 19, 2024.

• Jenel Real Estate sold 540 Fulton Street, Downtown Brooklyn, Brooklyn for $235.4 million to KKR & Co. and Dalan Management on October 22, 2024.

• Jenel Management borrowed $80 million from Apollo Global Management for 660 Madison Avenue, Lenox Hill, Manhattan on July 10, 2024.

• Jenel Management borrowed $23.8 million from Bank of America for 1356 Broadway, Garment District, Manhattan on December 29, 2023.

• Jenel Management borrowed $11.5 million from Metropolitan Commercial Bank for 222 West 125th Street and 226 West 125th Street, Harlem, Manhattan on October 12, 2023.

• Jenel Management sold 162-21 Jamaica Avenue and 89-66 163rd Street, Jamaica, Queens for $19.2 million to Jackson Group on August 29, 2023.

• Jenel Management borrowed $15.2 million from Signature Bank for 37-30 Junction Boulevard, 37-18 Junction Boulevard, 37-38 Junction Boulevard, 37-48 Junction Boulevard, and 37-12 Junction Boulevard, Jackson Heights, Queens on July 29, 2022.

• Jenel Management borrowed $192.1 million from H.I.G. Capital for 540 Fulton Street, Downtown Brooklyn, Brooklyn on March 21, 2022.

• Jenel Management borrowed $80 million from Signature Bank for 660 Madison Avenue, Lenox Hill, Manhattan on February 24, 2022.