Ross Dahmen
First Vice President
Metropolitan Commercial Bank
Metropolitan Commercial Bank NYC portfolio
$13.2 million* – mixed-use 100%; Brooklyn 100%, Manhattan 0%
3635th largest portfolio by dollar value
15,800 sqft – mixed-use 100%;
4596th largest by SF
0 foreclosures, 1 bankruptcy, 1 other court case.
Person Activity past 24 months:
Lender signatory: 23 for $462.2 million
Top Ten Associated Companies:
SKF Development (6), Oak Tree Residential (4), Angelo Gordon (2), Premier Equities (2), Horizon Group (1), LeFrak (1), Israel Nachfolger (1), Altmark Group (1), Library Hotel Collection (1), Jenel Management (1)
Top Ten Associated People:
Robert J. Teitelbaum (6), Jeremiah Lucey (4), Doug Profenius (2), David Marom (1), Arnold S. Lehman (1), Israel Nachfolger (1), Barry Altmark (1), Imrich Henry Kallan (1), David Dushey (1), Granit Gjonbalaj (1)
Recent activity as signatory:
• Triangle Equities borrowed $15.3 million from Centennial Bank for 26-05 Ulmer Street, College Point, Queens on March 14, 2025.
• Altmark Group borrowed $9.8 million from Metropolitan Commercial Bank for 517 East 132nd Street, 519 East 132nd Street, and 122 Bruckner Boulevard, Mott Haven, Bronx on March 11, 2025.
• Israel Nachfolger borrowed $43.4 million from Metropolitan Commercial Bank for 111-26 Corona Avenue, 111-20 Corona Avenue, and 111-16 Corona Avenue, Corona, Queens on March 07, 2025.
• LeFrak borrowed $5.4 million from Metropolitan Commercial Bank for 96-02 57th Avenue, Corona, Queens on March 03, 2025.
• CBSK Developers borrowed $88 million from TYKO Capital for 930 1st Avenue, 936 1st Avenue, and 409 East 51st Street, Turtle Bay, Manhattan on February 24, 2025.
• Lam Group borrowed $40 million from Metropolitan Commercial Bank for 160 West 25th Street, Chelsea, Manhattan on February 04, 2025.
• SKF Development borrowed $22.6 million from Metropolitan Commercial Bank for 1760 Boone Avenue, East Morrisania, Bronx on February 03, 2025.
• Library Hotel Collection borrowed $30 million from Metropolitan Commercial Bank for 365 Park Avenue South, NoMad, Manhattan on January 22, 2025.
• Chess Builders borrowed $79 million from S3 Capital for 250 West 49th Street, Midtown West, Manhattan on January 22, 2025.
• L+M Development Partners borrowed $6 million from Metropolitan Commercial Bank for 11 Broadway, 11 Broadway, 11 Broadway, 11 Broadway, and 11 Broadway, Williamsburg, Brooklyn on January 13, 2025.
Latest Stories:
• Triangle Equities signs $15.3M refi for truck parking in College Point (March 17, 2025)
• Altmark Group signs $9.8M refi for three properties in Mott Haven (March 13, 2025)
• Israel Nachfolger pays $56.4M for nursing home in Corona (March 10, 2025)
• Lam Group signs $40M refi for Chelsean Hotel in Chelsea (February 05, 2025)
• Library Hotel Collection signs $30M refi for hotel in NoMad (January 23, 2025)
• Chess Builders pays $30M to Hakimian Org. for 135-unit dev site in Midtown West (January 20, 2025)
• Cayre Equities pays $16.1M for loft building in Garment District (December 02, 2024)