Investor profile - NY
Derrick Lovelt
Derrick Lovelt is a real estate investor and operator based in New York City, NY-NJ-CT. Public filings show activity across 6 properties held through 2 holding companies. Recent mortgage relationships include JPMorgan Chase Bank, National Association, New York City Department of Housing Preservation and Development, and Local Initiatives Support Corporation.
Derrick's Activity
As of December 2025, public records show approximately $29.3M in recorded mortgage exposure linked to this investor across at least 7 mortgage filings and 6 properties held through 2 holding companies. Activity appears concentrated in multifamily and misc assets recorded between 2016 and 2023.
Associated People
Primary Geography
New York City, NY-NJ-CT
ZIP codes: 10460, 10452, 10456, 10459, and 10472
Most recorded activity for this investor appears in BRONX.
Property Type Breakdown
Associated Entities (2)
NY · 0 properties · 4 mortgages
NY · 0 properties · 3 mortgages
Mortgages (7)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 01/04/2023 | $10.5M | Open | JPMorgan Chase Bank, National Association | MBD NEW HEIGHTS APTS HOUSING DEVELOPMENT FUND CO INC | 1105 TINTON AVE, BRONX, NY 10456 |
| 01/04/2023 | $100k | Open | The Community Preservation Corporation | MBD NEW HEIGHTS APTS HOUSING DEVELOPMENT FUND CO INC | 1105 TINTON AVE, BRONX, NY 10456 |
| 01/04/2023 | $6.4M | Open | New York City Department of Housing Preservation and Development | MBD NEW HEIGHTS APTS HOUSING DEVELOPMENT FUND CO INC | 1105 TINTON AVE, BRONX, NY 10456 |
+4 more not shown
Owned Properties (6)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1105 TINTON AVE, BRONX, NY 10456 | MBD NEW HEIGHTS APTS HOUSING DEV FUND CO INC | Owns - 3.0 yrs | $2 |
| 970 ANDERSON AVE, BRONX, NY 10452 | MBD NEW HEIGHTS APTS HOUSING DEV FUND CO INC | Owns - 3.0 yrs | $2 |
| 1120 BRYANT AVE, BRONX, NY 10459 | NEIGHBORHOOD RESTORE HOUSING DEVELOPMENT FUND CORP | Owns - 7.3 yrs | $0 |
+3 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in multifamily, misc, and commercial properties across New York City, NY-NJ-CT.
What companies is Derrick Lovelt associated with?
Derrick Lovelt is associated with 2 entities based on extracted signatures from public records. Key entities include MBD WALLACE MOBLEY HOUSING DEVELOPMENT FUND CORP and MBD NEW HEIGHTS APTS HOUSING DEVELOPMENT FUND CO INC.
How many properties are associated with this investor?
At least 6 properties are associated with Derrick Lovelt and the entities they control, based on signatures extracted from recorded documents connecting Derrick Lovelt to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references JPMorgan Chase Bank, National Association, New York City Department of Housing Preservation and Development, and Local Initiatives Support Corporation, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2023, with the most recent mortgage recorded in 2023.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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