Eriberto De Guzman

United Overseas Bank

(UOB)

Lender

LinkedIn

United Overseas Bank portfolio

$40.8 million* – retail 100%; Manhattan 100%, Bronx 0%

1081th largest portfolio by dollar value

70,135 sqft – retail 100%;

2372th largest by SF

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Lender signatory: 1 for $40.3 million

Top Ten Associated Companies:

DivcoWest (1), CTF Development (1)

Top Ten Associated People:

Kenneth Wong (1), Daniel Sedlmayer (1)

Recent activity as company:

CTF Development borrowed $40.3 million from United Overseas Bank for 981 Madison Avenue and 987 Madison Avenue, Lenox Hill, Manhattan on October 29, 2024.

EMS Capital borrowed $12.5 million from East West Bank for 453 Broome Street, SoHo, Manhattan on September 10, 2024.

Host Hotels & Resorts borrowed $150 million from Host Hotels & Resorts for 1414 Avenue Of The Amer, Midtown West, Manhattan on July 16, 2024.

Savanna borrowed $105 million from Cottonwood Management for 106 West 56th Street, Midtown, Manhattan on September 23, 2021.

DivcoWest borrowed $112.2 million from United Overseas Bank for 323-331 Hudson Street, Soho, Manhattan on June 09, 2021.

Latest Stories:

• EMS Capital pays $19.5M to Crown Acquisitions for retail leasehold in SoHo (September 10, 2024)

• Host Hotels pays $233.8M to Starwood for hotel in Midtown West (July 17, 2024)

• Cirrus buys $105M note secured by Savanna Midtown West office building (November 30, 2023)

• Savanna signs $105M refi loan with Cottonwood Group for office building in Midtown (September 24, 2021)

• DivcoWest signs $112.2M acquisition loan with United Overseas Bank for office building in Soho (June 10, 2021)

• DivcoWest pays $134.1M to Jamestown for office building in Soho (June 03, 2021)

• Hotel Carlyle Owners Corp. borrows $50M from Credit Agricole for leased hotel on UES (June 11, 2020)

• Crown Acquisitions acquires interest in 453 Broome Street valued at $17M (April 22, 2020)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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