Century Development Group

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Century Development Group portfolio

$109 million – condo 54%, elevator 18%; Queens 100%, Manhattan 0%

509th largest portfolio by dollar value

674,904 sqft – condo 46%, elevator 27%;

469th largest by SF

114 properties – Queens 100%, Manhattan 0%

55th largest

388 residential units – Queens 100%, Manhattan 0%

443th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $6 million

Seller company: 0 for $0

Borrower company: 6 for $140.2 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Signature Bank (2), Maxim Credit Group (1), Maxim Capital Group (1), Preferred Bank (1), MidFirst Bank (1), Webster Bank (1), Bank Hapoalim (1), Citibank (1), Miguel Oks (1), Bank of Hope (1)

Top Ten Associated People:

Eric Sadkin (1), Joshua Knoll (1), Jacky Wong (1), James Lim (1), Olga Bogrova (1), Gerard DePoalo (1), Hui Hui Liao (1), Anna Gutteridge (1), Miguel Oks (1), Dan Kim (1)

Latest Stories:

• Century Development Group submits $118.9M condo plan in LIC (May 28, 2024)

• Century Development signs $29.7M refi loan with Bravo Capital for 90-unit rental in Jamaica (April 17, 2024)

• George Xu’s Century Development Group pays $6M for LIC office (October 24, 2023)

• Century Development Group signs $43M construction loan 119-unit project in LIC (June 12, 2023)

• George Xu’s Century Development files plans for 98 units in Flushing (January 09, 2023)

• Century Development signs $35.2M refi with Webster Bank for 109-unit condo project in Jamaica (October 24, 2022)

• Century Development files to demo LIC building ahead of 36-unit project (October 19, 2022)

• George Xu’s Century Development submits 52-unit condo plan at Flushing hotel, resi project (October 14, 2022)

• Century Development signs $25.3M new construction loan for 64-unit project in Long Island City (August 18, 2022)

• Century Development signs $65.7M construction loan with Maxim Capital for hotel in Flushing (May 24, 2022)

Properties:

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