Fazeela Siddiqui

Settlement Housing Fund

Owner

LinkedIn

Settlement Housing Fund portfolio

$150.9 million* – elevator 54%, walkup 17%; Bronx 53%, Queens 27%

392th largest portfolio by dollar value

2,685,413 sqft – elevator 58%, walkup 18%;

125th largest by SF

44 properties – Bronx 56%, Brooklyn 29%

226th largest

2,517 residential units – Bronx 55%, Queens 25%

82th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $18 million

Borrower signatory: 1 for $10.9 million

Top Ten Associated Companies:

Spencer Equity Group (2), Neighborhood Restore Housing Development Fund Corporation (2), TD Bank (1), K&R Preservation (1), Walker & Dunlop (1), Systima Capital Management (1), Community Preservation Corporation (1), Lewis Henkind (1), JPMorgan Chase (1)

Top Ten Associated People:

Joel Gluck (2), Salvatore D’Avola (2), Matthew Schatz (1), Brian Raddock (1), Nancy E. Sexton (1), Lewis Henkind (1)

Recent activity as company:

Wavecrest Management and Settlement Housing Fund borrowed $10.9 million from JPMorgan Chase for 1350 Bedford Avenue, Crown Heights, Brooklyn on March 01, 2023.

Lewis Henkind sold 1350 Bedford Avenue, Crown Heights, Brooklyn for $18 million to Wavecrest Management and Settlement Housing Fund on March 01, 2023.

• Gilbane Development and Settlement Housing Fund borrowed $74 million from Systima Capital Management for 280 East 161st Street, 1105 Jerome Avenue, 2363 Southern Boulevard, 101 East 165th Street, 103 East 165th Street, and others, Concourse Village, Bronx on January 09, 2023.

Camber Property Group and Settlement Housing Fund borrowed $18.3 million from Walker & Dunlop for 2105 Daly Avenue, West Farms, Bronx on January 05, 2023.

K&R Preservation sold 2105 Daly Avenue, West Farms, Bronx for $25.4 million to Camber Property Group and Settlement Housing Fund on January 05, 2023.

Spencer Equity Group sold N/A Concourse Village Ea, Concourse Village, Bronx for $27.1 million to Gilbane Development on December 27, 2022.

Spencer Equity Group sold 2363 Southern Boulevard, Belmont/Little Italy, Bronx for $8.2 million to Gilbane Development on December 23, 2022.

Settlement Housing Fund borrowed $79.3 million from Community Preservation Corporation for 690 East 182nd Street, 1466 Grand Concourse, 1415 Wythe Place, 751 East 187th Street, and 737 East 187th Street, Belmont/Little Italy, Bronx on October 17, 2022.

• Neighborhood Restore Housing Development Fund Corporation sold 690 East 182nd Street, Belmont/Little Italy, Bronx for $13.6 million to Settlement Housing Fund on October 17, 2022.

• Neighborhood Restore Housing Development Fund Corporation sold 1466 Grand Concourse, 751 East 187th Street, and 737 East 187th Street, Claremont Village, Bronx for $32.6 million to Settlement Housing Fund on October 17, 2022.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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