Jaspinder Sandhu

(Jaspinder Kaur Sandhu)

Sandhu Group

Owner, Developer

15 Taft Ave Inwood, NY 11096

Sandhu Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$6.8 million – hotel 53.0%, development 31.0%; Queens 74.0%, Brooklyn 18.0%

3238th largest portfolio by dollar value

33,992 sqft – hotel 81.0%, office 18.0%;

3404th largest by SF

7 properties – Queens 42%, Bronx 28%

150th largest

84 residential units – Queens 80.0%, Bronx 15.0%

714th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $25.6 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $36.5 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Orange Bank & Trust Company (1), Crown Bank (1), Matt Development (1), Shahla Tashkhisi (1), Hanmi Bank (1)

Top Ten Associated People:

Michael Spencer (1), Antonio J. Gato (1), Michael DeSousa (1), Shahla Tashkhisi (1), Mia Park (1)

Recent activity as signatory:

Shahla Tashkhisi sold 118-08 Jamaica Avenue, Richmond Hill, Queens for $1.9 million to Jaspinder Sandhu on September 19, 2024.

Sandhu Group borrowed $18.5 million from Hanmi Bank for 4477 3rd Avenue, Belmont/Little Italy, Bronx on July 11, 2024.

Matt Development sold 92-77 Queens Boulevard, Rego Park, Queens for $23.6 million to Jaspinder Sandhu on August 09, 2023.

Jaspinder Sandhu borrowed $18 million from Orange Bank & Trust Company for 1591 E 233rd Street, Eastchester, Bronx on February 07, 2023.

Sandhu Group borrowed $17.5 million from Crown Bank for 95-10 218th St, Queens Village, Queens on December 14, 2022.