Dean Chang
Principal
General Counsel
Calmwater Capital
Calmwater Capital NYC portfolio
$13.8 million -condo 99%; Manhattan 99%*
4226th largest portfolio by dollar value
19,769 sqft – condo 100%; Manhattan 100%
5047th largest by SF
18 residential units – Manhattan 100%
3989th largest by residential units
2 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $20 million
Top Ten Associated Companies:
RedSky Capital (1), City Urban Realty (1), Center Development Corporation (1), Barrett Design (1), Charney Companies (1), Joanne Wilson (1)
Top Ten Associated People:
Benjamin Stokes (1), Michael Alvandi (1), Michael Bauer (1), Emanuel Kanaris (1), William N. Hubbard (1), Alexander Barrett (1), Samuel Charney (1), Joanne Wilson (1)
Recent activity as signatory:
• Charney Companies borrowed $17 million from BH3 Management for 3 Hope Street on June 29, 2026.
• Calmwater Capital sold 3 Hope Street for $20 million to Charney Companies on June 29, 2026.
• City Urban Realty borrowed $7.5 million from Northeast Bank for 107 North 6 Street on January 24, 2024.
• Calmwater Capital sold 3 East 3rd Street, East Village, Manhattan for $2.6 million to Joanne Wilson on May 18, 2022.
• Barrett Design sold 3 East 3rd Street, East Village, Manhattan for $2.6 million to Calmwater Capital on December 28, 2021.
• RedSky Capital sold 3 Hope Street for $82.7 million to Calmwater Capital on December 23, 2021.
• City Urban Realty borrowed $5.4 million from Calmwater Capital for 107 North 6 Street on December 08, 2021.
• Center Development Corporation sold 20 West Street, 20 West Street, 20 West Street, 20 West Street, 20 West Street, and others, Financial District, Manhattan for $14.8 million to Calmwater Capital on December 01, 2021.
• Sun Equity Partners borrowed $59 million from New York Community Bank for 40-21 82 Street on December 08, 2020.