Rick Gropper
(Richard Gropper, Richard M. Gropper)
Founding Principal
Camber Property Group
Developer, Owner
116 E 27th St 11th floor New York, NY 10016
Camber Property Group NYC portfolio
$2.2 billion -elevator 41%, condo 27%, industrial 20%; Brooklyn 52%, Bronx 34%, Manhattan 6%*
96th largest portfolio by dollar value
9,780,661 sqft – elevator 70%, condo 14%, D3 10%; Bronx 73%, Brooklyn 22%, Manhattan 2%
36th largest by SF
80 properties – Bronx 61%, Brooklyn 19%, Manhattan 13%
91th largest
9,707 residential units – Bronx 70%, Brooklyn 24%, Manhattan 3%
15th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 3 for $168.9 million
Seller signatory: 1 for $79.8 million
Borrower signatory: 11 for $1.3 billion
Developer (new building or major alteration): 131 for 944,995 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (7), Merchants Bank of Indiana (7), Citibank (6), Omni New York (5), Greystone & Co. (3), Merchants Capital (3), Steven Vegh (3), Mordechai Kosolowitz (3), L+M Development Partners (3), Walker & Dunlop (2)
Top Ten Associated People:
Eugene Schneur (5), Steven Vegh (3), Mordechai Kosolowitz (3), Ron Moelis (3), Bianca Geary (2), Michael Bellovin (2), Jonathan Gouveia (1), Russell Hubley (1), Sanford Loewentheil (1), Claire Sathe (1)
Recent activity as signatory:
• Camber Property Group sold 219 Linden Boulevard for $79.8 million to Piller Capital Management on February 20, 2026.
• Camber Property Group and Settlement Housing Fund borrowed $17.2 million from Merchants Bank of Indiana for 1339 Morrison Avenue on December 22, 2025.
• Rick Gropper filed plans for major alteration for 147,454 sqft in Chelsea, Manhattan, on December 19, 2025.
• Camber Property Group borrowed $48.5 million from Ladder Capital for 721 Starr Street on November 19, 2025.
• Camber Property Group and Bowery Residents’ Committee borrowed $12.3 million from Citibank for 18-26 Redfern Avenue, Far Rockaway, Queens on November 14, 2025.
• Rick Gropper filed plans for new building for 121,285 sqft in Borough Park, Brooklyn, on September 02, 2025.
• Jay Group and Jacob Aini sold 2886 Atlantic Avenue for $69 million to Camber Property Group and Institute for Community Living on May 20, 2025.
• Camber Property Group and Institute for Community Living borrowed $94.3 million from UMB Bank and Citibank for 2886 Atlantic Avenue on May 20, 2025.
• Maguire Capital Group sold 1069 43 Street for $12.2 million to Camber Property Group on March 28, 2025.
• Camber Property Group borrowed $7.9 million from Citibank for 1069 43 Street on March 01, 2025.
Latest Stories:
• Piller Capital pays $79.8M to Camber for eight properties in Brooklyn (March 04, 2026)
• Camber pays $12.2M to Maguire Capital for dev site in Borough Park (April 04, 2025)
• Camber acquires 1,758 units in East New York from DeMatteis for reported $845M (January 27, 2025)
• Camber Property signs $58.4M construction loan for rentals in Soundview (January 08, 2024)
• Camber Property signs $44.5M construction loan for developments in Soundview (January 02, 2024)