3001190055

Acquired: October 19, 2022, $48.8 million

Debt: October 19, 2022, $61 million

Transactions:

• Company sold 22 Chapel Street, 22 Chapel Street, and 22 Chapel Street, Downtown Brooklyn, Brooklyn for $0 to company on September 06, 2023.

• Company sold 22 Chapel Street, Downtown Brooklyn, Brooklyn for $0 to company on October 19, 2022.

• Delshah Capital borrowed $61 million from Arbor Realty Trust for 22 Chapel Street, Downtown Brooklyn, Brooklyn on October 19, 2022.

• Start Treatment & Recovery Centers, Inc. sold 22 Chapel Street, Downtown Brooklyn, Brooklyn for $48.8 million to Safehold Inc. on October 19, 2022.

• Delshah Capital and OTL Enterprises sold 22 Chapel Street, Downtown Brooklyn, Brooklyn for $10.7 million to Safehold Inc. on October 19, 2022.

Development:

• Paul Reehling filed plans for alteration in Downtown Brooklyn, Brooklyn, on April 25, 2023.

• Paul Reehling filed plans for alteration in Downtown Brooklyn, Brooklyn, on April 25, 2023.

• Michael Shah filed plans for SC in Downtown Brooklyn, Brooklyn, on February 08, 2023.

• Daniel Fink filed plans for alteration in Downtown Brooklyn, Brooklyn, on December 06, 2022.

• Angelo Cosentini filed plans for alteration in Downtown Brooklyn, Brooklyn, on March 21, 2022.

Latest Stories:

• Safehold pays $59.5M for fee under Delshah Capital’s 180-unit rental in Downtown Brooklyn (October 20, 2022)