Mbs Funding
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.
Mbs Funding's 2 buildings in these plans are all in Brooklyn, 50% new construction, 5.5 units at the middle, offered at an average $982K per unit. Check size: $2.6M typical (the median of 2 loans whose size the plan states or ACRIS records), from $1.7M to $3.5M.
- Buildings
- 2
- Residential units
- 11
- Typical check
- $2.6M
- Year
- —
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Recent Growth
Mbs Funding's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Strongest Relationships
No other firm is named with Mbs Funding 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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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 502 Wilson Avenue Condominium502 Wilson Avenue · Brooklyn · new constructionRecorded as Mbs Funding, Inc. · Sponsor: 505 Wilson Ave LLC · Recorded in ACRIS ↗ | — | 8 | $3.5M* |
| 15 Pulaski Street Condominium15 Pulaski Street · Brooklyn · rehabRecorded as Mbs Funding Inc. · Sponsor: 15 Pulaski LLC · Recorded in ACRIS ↗ | — | 3 | $1.7M* |
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.