Dov Schlein
NuVerse Advisors
Lender
NuVerse Advisors portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$26.3 million – condo 62%, elevator 25%; Queens 100%, Manhattan 0%
1428th largest portfolio by dollar value
360,274 sqft – elevator 51%, O8 22%;
786th largest by SF
41 properties – Queens 100%, Manhattan 0%
116th largest
1,538 residential units – Queens 100%, Manhattan 0%
142th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $73.6 million
Lender signatory: 1 for $50 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Metropolitan Commercial Bank (3), IDB (1), Bank Hapoalim (1), Sunlight Development (1)
Top Ten Associated People:
Hanjun Bai (1), Linzhong Zhuo (1), Linlin Zhuo (1), Hen Huang (1)
Recent activity as signatory:
• Sunlight Development borrowed $50 million from NuVerse Advisors for 89 Madison Avenue, NoMad, Manhattan on June 14, 2024.
• NuVerse Advisors borrowed $8.2 million from Metropolitan Commercial Bank for 21-05 31st Avenue, Astoria, Queens on August 11, 2023.
• NuVerse Advisors borrowed $65.3 million from Bank Hapoalim for 30-55 Vernon Boulevard, Astoria, Queens on June 28, 2023.
• NuVerse Advisors borrowed $19.5 million from Metropolitan Commercial Bank for 972964TH Road, Rego Park, Queens on July 29, 2021.
• NuVerse Advisors borrowed $7 million from Metropolitan Commercial Bank for 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, and others, Rego Park, Queens on July 29, 2021.
• NuVerse Advisors borrowed $57 million from IDB for 136-18 Maple Avenue, Flushing, Queens on January 11, 2021.
Latest Stories:
• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad June 17, 2024
• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion June 03, 2024
• Goodman Capital gives $23M loan for NoMad office building exiting bankruptcy February 23, 2024
• NuVerse, Sunlight submit $161M condo plan for 122 units in Astoria November 21, 2023
• Sunlight Development permitted for 74K sf commercial condo in Flushing December 16, 2020
• Linzhong Zhuo borrows $14M from NuVerse for property in Flushing November 23, 2020