Joseph Seidenfeld

Principal

Timber Equities

Developer, Owner

1359 Broadway, Suite 820, New York, New York 10018

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Timber Equities NYC portfolio

$232.8 million -D3 25%, D6 20%, M1 15%; Manhattan 78%, Bronx 21%*

877th largest portfolio by dollar value

145,969 sqft – D6 39%, M1 26%, elevator 26%; Manhattan 73%, Bronx 26%

1892th largest by SF

8 properties – Manhattan 75%, Bronx 25%

1288th largest

324 residential units – Manhattan 83%, Bronx 16%

814th largest by residential units

0 foreclosures, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $48.2 million

Borrower signatory: 4 for $117.1 million

Top Ten Associated Companies:

Bank Hapoalim (2), LaSalle Investment Management (2), Neil Fink (1), Webster Bank (1), Roman Catholic Church (1), Roman Catholic Church of Guardian Angel (1), Genesis LLC (1)

Top Ten Associated People:

Craig Oram (2), Neil Fink (1), Daniel De Diego (1), Edmund J. Whalen (1), Aldo Myro (1), Ezra Husney (1)

Recent activity as signatory:

Timber Equities borrowed $35.6 million from LaSalle Investment Management for 2466 Frederick Douglass Boulevard on May 04, 2026.

Timber Equities borrowed $27.5 million from LaSalle Investment Management for 5055 Broadway on May 04, 2026.

Roman Catholic Church and Roman Catholic Church of Guardian Angel sold 341 West 25 Street for $48.2 million to Timber Equities on July 25, 2025.

Timber Equities borrowed $33 million from Genesis LLC for 341 West 25 Street on July 25, 2025.

Timber Equities borrowed $21 million from Bank Hapoalim for 5055 Broadway on July 19, 2024.

Timber Equities borrowed $44 million from Bank Hapoalim for 166 West 225 Street on October 24, 2023.

Timber Equities borrowed $19.3 million from Webster Bank for 2395 Palisade Avenue on January 31, 2023.

Neil Fink sold 2466 Frederick Douglass Boulevard for $2.4 million to Timber Equities on November 18, 2022.

Latest Stories:

• Timber Equities signs $27.5M refi loan with JLL for 60-unit rental in Inwood (May 10, 2026)

• Timber Equities signs $35.6M refi loan with JLL for new 94-unit rental in Harlem (May 10, 2026)

• Timber Equities files plans for 2 buildings with a total of 197 units in Chelsea (November 07, 2025)

• Timber Equities signs $33M acquisition loan with Genesis LLC for dev site in Chelsea (August 06, 2025)

• Timber Equities pays $48.2M to Catholic Church for dev site in Chelsea (August 05, 2025)

• Timber Equities signs $48.25M contract for 128K Chelsea dev site (January 31, 2025)

• Timber Equities signs $21M construction loan with Bank Hapoalim for 60-unit project in Inwood (August 02, 2024)

• Timber Equities signs $26.5M construction loan for 52-unit project in Harlem (April 30, 2024)

• Timber Equities signs $44M construction loan with Bank Hapoalim in Marble Hill (November 09, 2023)

• Timber Equities signs $19.3M refi with Webster Bank for 55-unit rental in Spuyten Duyvil (February 14, 2023)

Court Records:

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Properties:

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