John McDonald
Coo
Doe Fund
Owner
345 E 102nd St #305 New York, NY 10029
Doe Fund NYC portfolio
$320.7 million -elevator 30%, office 21%, industrial 16%; Bronx 65%, Brooklyn 29%, Manhattan 5%*
760th largest portfolio by dollar value
349,130 sqft – elevator 54%, N2 24%, office 9%; Bronx 72%, Brooklyn 17%, Manhattan 9%
1158th largest by SF
13 properties – Bronx 69%, Brooklyn 23%, Manhattan 7%
881th largest
472 residential units – Bronx 100%
681th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 1 for $26 million
Borrower signatory: 3 for $83.4 million
Top Ten Associated Companies:
Wells Fargo (2), Merchants Bank of Indiana (2), Ramzey Ahmad (1), JPMorgan Chase (1), Doe Fund 2732/2738 Creston Avenue Lease-Backed Pass-Through Trust Series 2024 (1), Corporation for Supportive Housing (1), SKF Development (1), Lemon Property 7 LLC (1), NYC Department of Housing Preservation and Development (1), Richman Group (1)
Top Ten Associated People:
Ramzey Ahmad (1), Ayush Kapahi (1), Nathan F. Fahrer (1), Emily Lehman (1), David A. Salzman (1), Jill Fullmer (1)
Recent activity as signatory:
• Doe Fund borrowed $41 million from Webster Bank for 660 Casanova Street on June 26, 2026.
• Doe Fund borrowed $12.1 million from Merchants Bank of Indiana for 223 East 117 Street on December 19, 2024.
• Doe Fund borrowed $30.3 million from Doe Fund 2732/2738 Creston Avenue Lease-Backed Pass-Through Trust Series 2024 for 2732 Creston Avenue on August 30, 2024.
• SKF Development sold 2732 Creston Avenue for $26 million to Doe Fund on August 30, 2024.
• Doe Fund borrowed $10.3 million from JPMorgan Chase for 3192 Villa Avenue on December 05, 2023.
• Doe Fund borrowed $9.4 million from NYC Department of Housing Preservation and Development for 4400 Bullard Avenue on August 29, 2023.
• Doe Fund borrowed $52.6 million from UMB Bank for 510 Gates Avenue on December 22, 2022.
• Ramzey Ahmad sold 481 Chester Street for $6.5 million to Doe Fund on December 13, 2022.
• Doe Fund borrowed $9.5 million from Corporation for Supportive Housing for 481 Chester Street on December 13, 2022.
• Doe Fund borrowed $5.2 million from Leviticus Fund for 660 Casanova Street on March 30, 2022.
Latest Stories:
• Doe Fund signs $9.4M refi loan with city for two shelters in Bronx (September 18, 2023)
• Doe Fund signs $52.6M new construction loan for shelter in Bedford Stuyvesant (January 04, 2023)
• Doe Fund pays $6.5M to Ahmad Associates LLC for dev site in Brownsville (December 20, 2022)
• Doe Fund borrows $13M from KeyBank for homeless shelter site in Bedford-Stuyvesant (May 22, 2020)