Louis Lebovits
Chief Executive Officer
BridgeCity Capital
(Bridge City Funding, BCC Funding)
Lender, Owner
Private Equity
241 37th Street, Suite 305 Brooklyn, New York 11232
Notes
BridgeCity Capital is a lender and Meral Property Group is a developer
Person Activity past 24 months:
Buyer signatory: 1 for $3 million
Borrower signatory: 1 for $6.8 million
Lender signatory: 13 for $340.5 million
Developer (new building or major alteration): 6 for 0 square feet
Top Ten Associated Companies:
Joel Schwartz (16), ZD Jasper Realty (3), Abraham Brach (3), David Tabak (2), Abraham Lipschitz (1), Century Development Group (1), Shimon Brach (1), Philip Miller (1), Big Dream Developers (1), Yoel Hershkowitch (1)
Top Ten Associated People:
Joel Schwartz (16), Abraham Brach (3), Jasper Wu (2), Meir D. Tabak (2), Zhidong Wu (1), Abraham Lipschitz (1), George Xu (1), Shimon Brach (1), Ascher Berkowitz (1), Yoel Hershkowitch (1)
Recent activity as signatory:
• Rabsky Group borrowed $25.2 million from BridgeCity Capital for 267 Broadway on May 14, 2026.
• Rivky Brach borrowed $40 million from D2 Asset Management for 3549 Webster Avenue on April 15, 2026.
• Shimon Brach and Philip Miller borrowed $11.3 million from BridgeCity Capital for 682 Bedford Avenue on March 26, 2026.
• Joel Schwartz borrowed $24 million from Provident Bank for 362 Shepherd Avenue on March 17, 2026.
• Walton Realty NY borrowed $28 million from BridgeCity Capital for None on March 06, 2026.
• Gilar Realty and Ranco Capital borrowed $82 million from Affinius Capital for 534 3 Avenue on February 04, 2026.
• Joel Schwartz borrowed $72 million from BridgeCity Capital for 236 Gold Street on December 18, 2025.
• David Tabak borrowed $62 million from Berkshire Residential Investments for 532 Baltic Street on November 25, 2025.
• MZS Realty borrowed $4.9 million from Protective Life Insurance Company for None on November 24, 2025.
• MZS Realty borrowed $9.8 million from Protective Life Insurance Company for 1821 Prospect Avenue on November 24, 2025.