New Era Life Insurance

11720 Katy Freeway, Suite 1700, Houston, TX 77079

apps.neweralife.com/site

Company Activity past 24 months:

Lender company: 4 for $77.8 million

Top Ten Associated Companies:

United Construction & Development Group (3), Weizhen Chen (1)

Top Ten Associated People:

Jiashu Xu (3), Weizhen Chen (1)

Recent activity as company:

• United Construction & Development Group borrowed $25 million from New Era Life Insurance Company for 131-01 Roosevelt Avenue, Flushing, Queens on December 26, 2024.

• Weizhen Chen borrowed $16 million from New Era Life Insurance for 33-37 Farrington Street, Flushing, Queens on March 22, 2024.

• United Construction & Development Group borrowed $27.5 million from New Era Life Insurance for 41-50 21st Street, Long Island City, Queens on February 26, 2024.

• United Construction & Development Group borrowed $9.2 million from New Era Life Insurance for 28-66 College Point Blvd, College Point, Queens on September 20, 2023.

Latest Stories:

• United Construction & Development signs $25M refi with New Era Life for dev site in Flushing (December 27, 2024)

• Weizhen Chen pays $23.1M for bankrupt mixed-use in Flushing (March 25, 2024)

• United Construction & Development signs $27.5M refi for parcel in Long Island City (February 27, 2024)

• $28M bankruptcy to block receiver at Flushing commercial building (May 24, 2023)

• Courts roundup: Sioni Capital files $16M pre-foreclosure in Flushing, Alberto Safra sues family over stake worth billions (February 07, 2023)

• Sioni Capital buys $13M note from Dime Community secured by mixed-use in Flushing (July 20, 2022)

• United Construction and Development Group’s Chris Jiashu Xu borrows $25M from Bank Hapoalim for property in Flushing (May 14, 2020)