Daniel Chang

United Overseas Bank

(UOB)

Lender

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:

CTF Development (1)

Top Ten Associated People:

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.

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

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

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