Michael Bodnev

Head Of Originations

Cerco Funding

(Cerco Bridge Loans)

230 Central Park South, PH17 New York NY 10019 USA

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Person Activity past 24 months:

Seller signatory: 1 for $10 million

Lender signatory: 2 for $38 million

Top Ten Associated People:

Spencer An (1), Martin Nussbaum (1), Albert Laboz (1), Alberto Smeke Saba (1)

Recent activity as signatory:

• Cerco Funding ground leased 136 East 57 Street valued at $10 million to CSC Real Estate on February 20, 2026.

• CSC Real Estate borrowed $23.5 million from Genesis LLC for 136 East 57 Street on February 20, 2026.

• United American Land borrowed $18 million from Cerco Funding for 410 Broadway on November 12, 2025.

• Shorewood Real Estate Group and Spencer An borrowed $20 million from Cerco Funding for 370 Grand Concourse on December 12, 2024.

• Slate Property Group borrowed $38.8 million from Cerco Funding for 120 West 13 Street on April 19, 2023.

Latest Stories:

• Bogopa, Shorewood sign $28.5M refi with PCCP for 304-unit dev site in Mott Haven (March 10, 2026)

• CSC Real Estate pays $10M to Cerco Funding for office in Midtown East (March 09, 2026)

• Cerco Funding acquires $8.6M Midtown East office ground lease after AEW, ABS default (March 07, 2025)

• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)

• AEW, ABS offer to turn over $42.77M Midtown East ground lease to lender Cerco (December 26, 2023)

• Slate signs $38.8M rehab construction loan with Cerco Funding for property in Greenwich Village (April 27, 2023)

• Peter Fine pays $21.2M for dev site in Mott Haven (December 10, 2021)

• ABS Partners, Silk & Halpern file plans for $3M rehab of Plaza District office building (July 08, 2020)

• Silk & Halpern borrows $9M from Apple Bank for ground-leased fee in Plaza District (March 04, 2020)

• ABS and AEW ink 99-year net lease valued at $43M with Silk & Halpern Realty (August 21, 2019)

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