Investor Profile - NY
Richard Gropper
Richard Gropper is a real estate investor and operator based in New York City, NY-NJ-CT. Public filings show activity across 51 properties held through 34 holding companies. Recent mortgage relationships include New York City Housing Development Corporation, Citi, and UMB Bank.
Richard's Activity
As of June 2026, public records show approximately $1.8B in recorded mortgage exposure linked to this investor across at least 65 mortgage filings and 51 properties held through 34 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2016 and 2025.
Associated People
Primary Geography
New York City, NY-NJ-CT
ZIP codes: 11208, 10473, 11691, 10026, and 11385
Most activity in BROOKLYN, BRONX, NEW YORK, FAR ROCKAWAY, and RIDGEWOOD.
Property Type Breakdown
Associated Entities (34)
NY · 4 properties · 12 mortgages
NY · 6 properties · 8 mortgages
+32 more entities not shown
Mortgages (65)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 12/03/2025 | $11.3M | Open | Citi | BCD HOUSING DEVELOPMENT FUND CORP | 1312 BEACH CHANNEL DR #1SHL, FAR ROCKAWAY, NY 11691 |
| 12/03/2025 | $3.4M | Open | Citi | BCD HOUSING DEVELOPMENT FUND CORP | 1312 BEACH CHANNEL DR #1SHL, FAR ROCKAWAY, NY 11691 |
+63 more not shown
Owned Properties (51)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 18 REDFERN AVE, FAR ROCKAWAY, NY 11691 | BCD SHELTER HOUSING DEVELOPMENT FUND CORP | Owns - 6 mos | $10 |
| 2864 ATLANTIC AVE #2880, BROOKLYN, NY 11207 | 2886 ATLANTIC AVE LLC | Owns - 12 mos | $69.0M |
+49 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and commercial properties across New York City, NY-NJ-CT.
What companies is Richard Gropper associated with?
Richard Gropper is associated with 34 entities based on extracted signatures from public records. Key entities include BCD HOUSING DEVELOPMENT FUND CORP, LP PRESERVATION HOUSING CO INC, LP PRESERVATION LLC, BCD OWNER LLC, and VICTORY PLAZA HOUSING DEVELOPMENT FUND CORP.
How many properties are associated with this investor?
At least 51 properties are associated with Richard Gropper and the entities they control, based on signatures extracted from recorded documents connecting Richard Gropper to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references New York City Housing Development Corporation, Citi, and UMB Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2025, with the most recent mortgage recorded in 2025.
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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