THE CONDO BOOK PROJECT

CMTG Lender

Named as the sponsor's construction lender in 2 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

CMTG Lender's 2 buildings in these plans are spread across Brooklyn (1), Manhattan (1), all new construction, 149.5 units at the middle, offered at an average $1.5M per unit. Check size: $211.3M typical (the median of 2 loans whose size the plan states or ACRIS records), from $97M to $325.6M.

Buildings
2
Residential units
299
Typical check
$211.3M
Years
2018–2019
ManhattanBrooklynQueensBronxStaten Island 1 Prospect Park West Condominium, 1 Prospect Park West130 William Street Condominium, 130 William Street

Pro · Advanced analysis

Recent Growth

CMTG Lender's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

No buildings accepted since 2021. 0% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: 1 Prospect Park West Condominium, accepted Feb 12, 2019.

Strongest Relationships

No other firm is named with CMTG Lender on more than one building yet.

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
1 Prospect Park West Condominium1 Prospect Park West · Brooklyn · new constructionNamed as CMTG Lender 11 LLC · Sponsor: One Ppw Owner, LLC · Named on p. 36 ↗201955$97M*
130 William Street Condominium130 William Street · Manhattan · new constructionNamed as CMTG Lender 3 LLC · Sponsor: 130 William Street Associates LLC · Named on p. 9 ↗2018244$325.6M*

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.