Lymaris Albors

Acacia Network

Owner

915 Westchester Avenue, Bronx, NY 10459

LinkedIn

Acacia Network NYC portfolio

$66 million* – specialty 60.0%, hotel 36.0%; Queens 60.0%, Bronx 39.0%

1535th largest portfolio by dollar value

88,451 sqft – specialty 54%, hotel 39%;

2099th largest by SF

3 properties – Bronx 66%, Queens 33%

2311th largest

Notes

Acacia is a nonprofit delivering homeless and other services. “the leading Hispanic-led nonprofit in New York State and one of the largest in the nation, serving over 150,000 individuals every year through integrated programs in the areas of health, housing, economic development, social services, and cultural revitalization.”

Person Activity past 24 months:

Seller signatory: 1 for $9.5 million

Borrower signatory: 2 for $65.1 million

Top Ten Associated Companies:

NYS Dormitory Authority (2), Liberty One Group (1), Manuel Mejia (1)

Top Ten Associated People:

Barry D. Lites (1), David Levitan (1), Manuel Mejia (1)

Recent activity as signatory:

• Bronx Addiction Services Integrated Concepts System borrowed $34.9 million from NYS Dormitory Authority for 1064 Franklin Avenue, Morrisania, Bronx on March 07, 2025.

Acacia Network sold 980 Prospect Avenue, Longwood, Bronx for $9.5 million to Liberty One Group on November 13, 2024.

Acacia Network borrowed $30.1 million from NYS Dormitory Authority for 116-30 Sutphin Boulevard, South Jamaica, Queens on November 13, 2024.

Manuel Mejia sold 300 East Tremont Avenue, Mt Hope, Bronx for $2 million to Acacia Network on December 13, 2022.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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