David Kesselman

1120 Avenue of the Americas New York, NY 10036

Person Activity past 24 months:

Lender signatory: 8 for $592.5 million

Top Ten Associated Companies:

Jay Group (3), Clipper Equity (2), Anshel Fridman (2), NuVerse Advisors (1), Sunshine Developers (1), Naftali Group (1), Ariel Rom (1), Jacob Aini (1), Nortco Development (1)

Top Ten Associated People:

Jacob Kohn (3), David Bistricer (2), Anshel Fridman (2), Dov Schlein (1), Michael Naftali (1), Ariel Rom (1), Jacob Aini (1), Lisa Radetsky (1), Rony Nortman (1)

Recent activity as signatory:

• Clipper Equity borrowed $120 million from Bank Hapoalim for 2389 Bedford Avenue on November 06, 2025.

• ZD Jasper Realty borrowed $74 million from Morgan Stanley for 45-13 Davis Street on September 19, 2025.

• Minrav Development borrowed $5.2 million from Israel Discount Bank for 343 East 17 Street on July 17, 2025.

• Mordehy Haber and Minrav Development borrowed $21.4 million from Israel Discount Bank for 343 East 17 Street on July 17, 2025.

• Horizon Group borrowed $28.8 million from Dwight Capital for 389 Weirfield Street on May 29, 2025.

• Jay Group borrowed $53.9 million from Bank Hapoalim for 108 Fleet Place on April 11, 2025.

• Jay Group borrowed $51.1 million from Bank Hapoalim for 104 Fleet Place on April 11, 2025.

• Nortco Development borrowed $134 million from Bank Hapoalim for 574 Amsterdam Avenue on March 28, 2025.

• NuVerse Advisors and Sunshine Developers borrowed $99 million from Bank Hapoalim for 26 East 29 Street on January 22, 2025.

• Ariel Rom borrowed $14.4 million from Bank Hapoalim for 809 Broadway, 809 Broadway, and 809 Broadway, Greenwich Village, Manhattan on July 11, 2024.

Latest Stories:

• ZD Jasper Realty signs $74M refi with Morgan Stanley for 122-unit building in Long Island City (September 30, 2025)

• Horizon Group signs $28.8M refi with Dwight for 66-unit rental in Bushwick (June 12, 2025)

• Nortco Development signs $134M construction loan on Upper West Side (April 07, 2025)

• NuVerse, Sunshine sign $99M construction loan for condo conversion in NoMad, $235M sellout (January 31, 2025)

• Nortco Development files plans for 37-unit building on UWS (September 16, 2024)

• Jay Group pays $75M to Pearl Realty for 405K sf dev site in Downtown Brooklyn (September 03, 2024)

• Nortco Development signs $26M refi with Bank Hapoalim, Northwind, for four UWS properties (July 25, 2024)

• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)

• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion (June 03, 2024)

• Clipper Equity signs $95M construction loan with Bank Hapoalim for 130-unit project in Flatbush (April 18, 2024)