NuVerse Advisors
People:
NuVerse Advisors portfolio
$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
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 2 for $7.2 million
Borrower company: 2 for $73.6 million
Lender company: 1 for $50 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Metropolitan Commercial Bank (3), Xiang Yu Cao (1), IDB (1), Zhaoyu Jia (1), Bank Hapoalim (1), Sunlight Development (1), Vicki Zhi (1), Linlin Zhuo (1)
Top Ten Associated People:
Xiang Yu Cao (1), Zhaoyu Jia (1), Hanjun Bai (1), Linzhong Zhuo (1), Linlin Zhuo (1), Hen Huang (1)
Latest Stories:
• Xiang Yu Cao pays $5.1M to NuVerse Advisors for commercial condo in Flushing (June 26, 2024)
• 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)