Eggert Dagbjartsson

(Eggert T. Dagbjartsson)

Equity Resource Investments

Owner

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Equity Resource Investments NYC portfolio

$72.4 million* – industrial 99.0%; Bronx 69.0%, Brooklyn 30.0%

1456th largest portfolio by dollar value

203,743 sqft – industrial 100%;

1198th largest by SF

4 properties – Bronx 50%, Brooklyn 50%

1868th largest

Person Activity past 24 months:

Seller signatory: 4 for $110.4 million

Borrower signatory: 3 for $25.8 million

Top Ten Associated Companies:

Carlyle Group (4), Extra Space Storage Inc. (3)

Top Ten Associated People:

Wonjoong Kim (4), Kirk Grimshaw (3)

Recent activity as signatory:

Equity Resource Investments and SNL Storage borrowed $9 million from Extra Space Storage Inc. for 4139 Boston Road, Eastchester, Bronx on July 30, 2024.

Equity Resource Investments and SNL Storage borrowed $7.1 million from Extra Space Storage Inc. for 629 3rd Avenue, Greenwood Heights, Brooklyn on July 25, 2024.

Equity Resource Investments borrowed $9.7 million from Extra Space Storage Inc. for 1249 Coney Island Avenue, Midwood, Brooklyn on July 15, 2024.

Equity Resource Investments and SNL Storage sold 87-16 121st Street, Richmond Hill, Queens for $50.3 million to Carlyle Group on April 26, 2024.

Equity Resource Investments and SNL Storage sold 1690-1696 East New York Avenue, Brownsville, Brooklyn for $20 million to Carlyle Group on April 24, 2024.

Equity Resource Investments and SNL Storage sold 145 18th Street, Greenwood Heights, Brooklyn for $25.6 million to Carlyle Group on April 23, 2024.

Equity Resource Investments and SNL Storage sold 651 Utica Avenue, East Flatbush, Brooklyn for $14.5 million to Carlyle Group on April 22, 2024.

Latest Stories:

• Equity Resource, SNL sign $7.1M refi with Extra Space Storage in Greenwood Heights (July 26, 2024)

• Carlyle signs $83M acquisition loan with Prudential for storage in NYC (May 01, 2024)

• Carlyle buys storage building for $50.4M, last in 4-building, $110M deal (April 26, 2024)

• Carlyle pays $20M to Equity Resource, SNL for third of fourth purchase of storage portfolio (April 25, 2024)

• Carlyle Group pays $25.6M to Equity Resource, SNL for storage in Greenwood Heights (April 24, 2024)

• Carlyle Group pays $14.5M to Equity Resource, SNL for storage in East Flatbush (April 23, 2024)

• Safe N Lock receives TCO for 27K sf storage building in Midwood (December 16, 2020)

• Safe N Lock Self Storage is fully permitted for construction of a 125K sf storage building in Richmond Hill (March 26, 2020)

• SNL Storage borrows $34M construction loan from Kayne Anderson Real Estate Advisors’s Saperean Capital for property in Richmond Hill (November 01, 2019)

• SNL Storage obtained financing of $23M from Saperean Capital III Originator (August 23, 2019)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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