Loans

Source: Grand SummaryUpdated Aug 10, 2026, 1:40 PM UTC · Read Aug 16, 2026, 5:28 PM UTC

Property

4318 Union St

Loan 3933 · Kantor / GIC · Flushing, NY

Current statusForeclosureRecovery stageNot connectedForeclosure stage[Bankruptcy Case] Status Conference held on 07/29/26. Meeting of Creditors held. Lender's Motion to dismiss and/or relief from stay to be filed by 08/14/26. Wood Heaven (investor in Debtor) filed motion for relief from stay. [Foreclosure Case] status conference held on 06/17/26. Lender filed Bill of Costs on 06/19/26.Liquidation stageNot connected

UPB

$7.3M

Source: Grand SummaryWorkbook updated Aug 10, 2026, 1:40 PM UTCLast read Aug 16, 2026, 5:28 PM UTC

Operating Summary

Current situation

—

Next action

—

Owner

—

Due date

Motion to dismiss / relief from stay to be filed — 2026-08-14

Blocking issue

—

Expected recovery

—

Best bid

—

Monthly carry cost

—

Cost of delay

—

Expected time to cash

—

Risk level

—

Confidence

Low — 32 of 209 fields available from connected sources (15%)

Timeline
Partial

Grand Summary is connected, and PipeDrive and LMS are each connected as a read-only snapshot (not live). SharePoint, Email, Recovery OS, AI, Payments, Documents, and Approvals are not connected — none of their events appear here.

  • Mar 18Loan originationGrand Summary(Loan_Origination_Date)
  • Jul 14LMS status: FUNDEDStatus Change(38% complete (snapshot, not live))
  • Nov 21LMS status: FUNDEDStatus Change(48% complete (snapshot, not live))
  • Apr 1LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 15063)
  • Jun 23LMS extension feePayments(extension fee and fees for Michael Palumbo.)
  • Jun 29LMS extension feePayments(extension fee for flatiron)
  • Aug 3LMS status: FUNDEDStatus Change(77% complete (snapshot, not live))
  • Oct 23LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 15443)
  • Oct 30LMS status: FUNDEDStatus Change(88% complete (snapshot, not live))
  • Jan 25LMS status: FUNDEDStatus Change(95% complete (snapshot, not live))
  • Feb 1Last capital drawGrand Summary(Last_Date_Invested)
  • Feb 1LMS extension feePayments(extension fee)
  • Mar 1LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 16298)
  • Aug 24LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 16748)
  • Sep 24LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 16845)
  • Feb 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 17686)
  • Mar 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 17876)
  • Apr 4LMS extension feePayments(Extension fee - 0.75% - new maturity date 5.31.25)
  • Apr 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 18154)
  • May 31Current maturityGrand Summary(Current_Maturity)
  • Jun 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 18550)
  • Jul 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 18685)
  • Aug 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 18867)
  • Nov 25LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 19376)
  • Dec 31LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 19526)
  • Jan 1LMS status: FORECLOSUREStatus Change(95% complete (snapshot, not live))
  • Jan 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 19796)
  • Feb 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 19878)
  • Mar 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20010)
  • Apr 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20165)
  • May 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20303)
  • Jun 3Last analyst noteGrand Summary(Last_Note_Date)
  • Jun 26LMS legal-fee paymentLegal(Palumbo Legal fees Invoice # 20456)