Michael Shamah

BX Capital

(Broad X Funding, BXF Lending LLC)

29 West 36th Street 1100 New York, NY 10018

29 West 36th Street 10th Floor New York, NY 10018

BX Capital NYC portfolio

$60.5 million -office 100%; Manhattan 100%*

2013th largest portfolio by dollar value

170,179 sqft – office 100%; Manhattan 100%

1736th largest by SF

2 properties – Manhattan 100%

3700th largest

3 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $41.5 million

Seller signatory: 2 for $5.5 million

Borrower signatory: 1 for $22.5 million

Top Ten Associated Companies:

SKF Development (2), Israel Discount Bank (1), ASB Real Estate Investments (1)

Top Ten Associated People:

Robert J. Teitelbaum (2), Brodie Ruland (1)

Recent activity as signatory:

Jackson Group, BX Capital and Morris Sabbagh borrowed $22.5 million from Israel Discount Bank for 625 Broadway on September 17, 2025.

ASB Real Estate Investments sold 625 Broadway for $41.5 million to Jackson Group, BX Capital and KSR Capital on September 17, 2025.

BX Capital sold 2059 Ryer Avenue for $398,000 to SKF Development on December 11, 2024.

BX Capital sold 2057 Ryer Avenue for $5.1 million to SKF Development on December 11, 2024.

Joel Mittelman borrowed $5 million from IceCap Group for 2061 Crotona Avenue on April 04, 2022.

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