Rachel Posen

Rachel Posen NYC portfolio

Top Ten Associated Companies:

Sugar Hill Capital Partners (5), Flagstar Bank (1), Dwight Mortgage Trust (1), Richard Albert (1)

Top Ten Associated People:

Jeremy Salzberg (4), Alan L. Kaufman (1), Jillian Lloyd (1), Margaret Grossman (1)

Recent activity as signatory:

• Rachel Posen borrowed $7.9 million from Flagstar Bank for 4300 Broadway on April 21, 2023.

• Sugar Hill Capital Partners sold 4300 Broadway for $10.4 million to Treetop Development on April 21, 2023.

• Sugar Hill Capital Partners sold 617 West 143 Street for $6.1 million to Cedarbridge Management on January 31, 2023.

• Sugar Hill Capital Partners sold 175 Morningside Avenue for $1.2 million to The buyer on January 31, 2023.

• Sugar Hill Capital Partners sold 512 West 146 Street for $1.6 million to The buyer on January 31, 2023.

• Sugar Hill Capital Partners sold 644 West 160 Street for $3.7 million to The buyer on January 31, 2023.

• Treetop Development borrowed $22.3 million from Dwight Mortgage Trust for 94-03 222 Street on June 10, 2022.

• Richard Albert sold 94-03 222 Street for $20 million to Treetop Development on June 10, 2022.

Latest Stories:

• Cedarbridge Management pays $10.4M to Sugar Hill for 54-unit rental in Washington Heights, bought for $21.6M in 2016 (May 04, 2023)

• Cedarbridge Management signs $10.8M loan for 4 Manhattan properties acquired from Sugar Hill (February 08, 2023)

• Cedarbridge Management pays $6.1M to Sugar Hill Capital Partners for 35-unit rental elevator in Harlem (February 03, 2023)

• Sugar Hill Capital Partners sells 10-unit walkup in Harlem, 19th sale in year totaling $69M (February 02, 2023)

• $24.8M refi loan with Valley National Bank for two properties in Queens Village (December 16, 2022)

• Signature Bank files $16M pre-foreclosure against Sugar Hill Capital Partners (November 11, 2022)

• Treetop Development pays $20M for two properties in Queens Village (June 28, 2022)

Properties: