Fazeela Siddiqui
Settlement Housing Fund
Owner
Settlement Housing Fund NYC portfolio
$805.3 million -elevator 50%, development 17%, industrial 17%; Brooklyn 32%, Bronx 31%, Queens 19%*
288th largest portfolio by dollar value
2,447,805 sqft – elevator 74%, walkup 20%, N2 3%; Bronx 40%, Manhattan 28%, Brooklyn 21%
191th largest by SF
45 properties – Bronx 51%, Brooklyn 28%, Manhattan 8%
203th largest
2,732 residential units – Bronx 37%, Manhattan 30%, Brooklyn 17%
110th largest by residential units
Top Ten Associated Companies:
Neighborhood Restore Housing Development Fund Corporation (2), Spencer Equity Group (2), Community Preservation Corporation (1), JPMorgan Chase (1), Walker & Dunlop (1), Lewis Henkind (1), Systima Capital Management (1), K&R Preservation (1), TD Bank (1)
Top Ten Associated People:
Salvatore D’Avola (2), Joel Gluck (2), Nancy E. Sexton (1), Lewis Henkind (1), Brian Raddock (1), Matthew Schatz (1)
Recent activity as signatory:
• Wavecrest Management and Settlement Housing Fund borrowed $10.9 million from JPMorgan Chase for 1334 Bedford Avenue on December 29, 2022.
• Camber Property Group and Settlement Housing Fund borrowed $18.3 million from Walker & Dunlop for 2111 Daly Avenue on December 29, 2022.
• Lewis Henkind sold 1334 Bedford Avenue for $18 million to Wavecrest Management and Settlement Housing Fund on December 29, 2022.
• K&R Preservation sold 2111 Daly Avenue for $25.4 million to Camber Property Group and Settlement Housing Fund on December 29, 2022.
• Spencer Equity Group sold 310 East 161 Street for $27.1 million to Gilbane Development on December 08, 2022.
• Spencer Equity Group sold 2363 Southern Boulevard for $8.2 million to Gilbane Development on December 08, 2022.
• Gilbane Development and Settlement Housing Fund borrowed $74 million from Systima Capital Management for 308 East 161 Street on December 08, 2022.
• Neighborhood Restore Housing Development Fund Corporation sold 694 East 182 Street for $13.6 million to Settlement Housing Fund on September 22, 2022.
• Settlement Housing Fund borrowed $79.3 million from Community Preservation Corporation for 694 East 182 Street on September 22, 2022.
• Neighborhood Restore Housing Development Fund Corporation sold 200 East 172 Street for $32.6 million to Settlement Housing Fund on September 22, 2022.