Marc Kwestel

Evp Of Finance

Extell Development

(Extell Development Company)

805 3rd Ave 7th floor New York, NY 10022

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Extell Development NYC portfolio

$7.4 billion -condo 42%, elevator 14%, office 12%; Manhattan 99%*

31th largest portfolio by dollar value

5,549,013 sqft – condo 42%, specialty 19%, elevator 11%; Manhattan 99%

77th largest by SF

97 properties – Manhattan 99%

82th largest

2,368 residential units – Manhattan 100%

158th largest by residential units

18 foreclosures, 366 bankruptcies, 213 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $282.8 million

Seller signatory: 1 for $50 million

Borrower signatory: 13 for $2.2 billion

• Extell Development borrowed $11.8 million from JPMorgan Chase for 109 East 54 Street on April 23, 2026.

• Extell Development borrowed $217.8 million from JPMorgan Chase for 109 East 54 Street on April 17, 2026.

• Extell Development borrowed $417 million from JPMorgan Chase for 578 5 Avenue on March 20, 2026.

• Extell Development borrowed $57.7 million from Centennial Bank for 611 11 Avenue on February 05, 2026.

• Extell Development borrowed $21 million from M&T Bank for 217 East 85 Street on January 08, 2026.

• Extell Development borrowed $322.4 million from TYKO Capital for 31 East 60 Street on December 15, 2025.

• Extell Development borrowed $60 million from Deutsche Bank for 150 East 86th Street, 150 East 86th Street, and 155 East 85th Street, Carnegie Hill, Manhattan on July 11, 2025.

• Vornado Realty Trust ground leased 150 East 86th Street, 150 East 86th Street, and 155 East 85th Street, Carnegie Hill, Manhattan valued at $64 million to Extell Development on July 11, 2025.

• Extell Development borrowed $20 million from Cain International for 1524 First Avenue, 1524 First Avenue, 1524 First Avenue, 1524 First Avenue, 1524 First Avenue, and others, Yorkville, Manhattan on June 24, 2025.