Douglas Higgs
(Doug Higgs)
Vice President
Fannie Mae
(Federal National Mortgage Association)
Lender
1100 15th St NW Washington, DC 20005
Fannie Mae NYC portfolio
$52.4 million -walkup 83%, elevator 16%; Manhattan 62%, Brooklyn 28%, Bronx 8%*
2358th largest portfolio by dollar value
181,969 sqft – walkup 81%, elevator 18%; Manhattan 59%, Bronx 24%, Brooklyn 15%
1769th largest by SF
14 properties – Brooklyn 42%, Manhattan 35%, Bronx 21%
854th largest
200 residential units – Manhattan 57%, Bronx 24%, Brooklyn 18%
1249th largest by residential units
61 foreclosures, 21 bankruptcies, 1 other court case.
Top Ten Associated Companies:
Wolkoff Group (1)
Top Ten Associated People:
David Wolkoff (1)
Recent activity as signatory:
• Stagg Group borrowed $25.1 million from Berkadia Commercial Mortgage for 678 East 216 Street on August 06, 2026.
• Cammeby’s International Group borrowed $17.6 million from Capital One for 138-02 86 Avenue on October 30, 2025.
• Cammeby’s International Group borrowed $14.8 million from Capital One for 405 Westminster Road on October 30, 2025.
• Cammeby’s International Group borrowed $17.1 million from Capital One for 400 Argyle Road on October 30, 2025.
• Feil Organization borrowed $40 million from Principal Real Estate Investors for 1488 3 Avenue on May 01, 2025.
• Feil Organization borrowed $62 million from M&T Bank for 53 East 33 Street on March 31, 2025.
• Empire Management, Gatsby Enterprises and Keystone Management borrowed $15 million from Derby Copeland Capital for 248 West 72 Street on July 26, 2024.
• Wolkoff Group borrowed $350 million from Fannie Mae for 22-44 Jackson Avenue, 22-44 Jackson Avenue, 22-44 Jackson Avenue, 22-44 Jackson Avenue, and 22-44 Jackson Avenue, Long Island City, Queens on February 21, 2024.
• Atlantic Development Group borrowed $11.8 million from JLL for 15 East 204 Street on September 15, 2022.
• 1311 Brightwater Avenue cooperative borrowed $20 million from National Cooperative Bank for 3131 Brighton 13thstreet and 1311 Brightwater Avenue, Brighton Beach, Brooklyn on August 30, 2022.
Latest Stories:
• Feil signs $40M refi with Principal for 178-unit rental in Carnegie Hill (May 14, 2025)
• Feil Organization signs $62M refi for 364-unit rental in Midtown South (April 10, 2025)
• City Urban Realty pays $40M to Ohebshaloms for 88-unit rental in Lincoln Square (March 07, 2025)
• Wolkoff Group ups recorded debt by $50M with Fannie Mae in LIC (February 23, 2024)
• Morris Weinberg pays $14.8M to Jacob Hager for rental in Flatbush (January 06, 2022)
