Kenneth Nick

Other Links:

https://www.waterfallam.com/our_team/kenneth-nick/

Top Ten Associated Companies:

Vanbarton Group (1), Normandy Real Estate Partners (1)

Top Ten Associated People:

Justin B. Kleinman (1), Eric Rubin (1)

Recent activity as signatory:

• CIM Group borrowed $41.3 million from Truist Bank for 188 Berry Street on June 30, 2025.

• Normandy Real Estate Partners borrowed $34.6 million from Waterfall Asset Management for 47-51 Austell Place on July 20, 2023.

• Vanbarton Group sold 235 West 75th Street, Upper West Side, Manhattan for $38.7 million to RFR HoldingWaterfall Asset Management on March 15, 2023.

• Dermot Company borrowed $116.5 million from Helaba for 218 AIR RGTS East 72 Street on June 30, 2022.

Latest Stories:

• CIM Group acquires LENY Group’s 40-unit mixed-use Williamsburg property through bankruptcy (July 17, 2025)

• LENY Group seeks quick sale of Williamsburg rental through $80M bankruptcy, Eastdil to broker (July 22, 2024)

• Israel’s LENY Group places Williamsburg rental with $69M in debt in bankruptcy (April 05, 2024)

• Investment sales by recorded date trending downward: Chart (March 27, 2023)

• RFR, Waterfall acquire UWS retail condo from Vanbarton through $38.7M deed-in-lieu (March 24, 2023)

• Dermot signs $116.5M loan with Helaba for 147-unit rental in Lenox Hill (July 25, 2022)

• Waterfall Asset buys $75M note from Deutsche Bank secured by Normandy’s LIC conversion (January 12, 2021)

• Vanbarton Group obtained financing of $39M from JPMorgan Chase Bank (August 20, 2019)