Parke Bank

People:

Company Activity past 24 months:

Lender company: 8 for $83.8 million

Top Ten Associated Companies:

Moses Karpen (3), Kaushik Patel (2), Chess Builders (2), Mordechai Kohn (1), Joseph Brunner (1), Solomon Schwimmer (1), Cheskel Schwimmer (1), Mosdot Shuva Israel (1), Maheshchand M. Ratanji (1), Beitel Group (1)

Top Ten Associated People:

Moses Karpen (3), Cheskel Schwimmer (2), Mordechai Kohn (1), Joseph Brunner (1), Solomon Schwimmer (1), Yoel Moshe Pinto (1), Maheshchand M. Ratanji (1), Ben Beitel (1), Chaim Rosenwasser (1), Kaushikbhai M. Patel (1)

Recent activity as company:

• Chess Builders borrowed $7.2 million from Parke Bank for 279 Mc Kibbin Street, East Williamsburg, Brooklyn on December 30, 2024.

• Congregation Darkei Tshivo of Dinov borrowed $17 million from Parke Bank for 737 Flushing Avenue, Williamsburg, Brooklyn on December 24, 2024.

• Chess Builders borrowed $7.2 million from Parke Bank for 55 North 9th Street, Williamsburg, Brooklyn on December 24, 2024.

• Kaushik Patel borrowed $6.8 million from Parke Bank for 290 East 150th Street, Melrose, Bronx on August 20, 2024.

• Beitel Group borrowed $16.9 million from Parke Bank for 1547 60th Street, Borough Park, Brooklyn on July 09, 2024.

• Chaim Rosenwasser borrowed $11.8 million from Parke Bank for 4401 2nd Avenue, 216 44th Street, and N/A 45th Street, Sunset Park, Brooklyn on July 09, 2024.

• Joseph Riegler borrowed $9.9 million from Broadview Capital for 400 Thatford Avenue, Brownsville, Brooklyn on June 18, 2024.

• Moses Karpen borrowed $8 million from Parke Bank for 906 Kent Avenue, Bedford Stuyvesant, Brooklyn on May 01, 2024.

• Moses Karpen borrowed $8.9 million from Parke Bank for 91 Gerry Street, Williamsburg, Brooklyn on February 28, 2024.

• Ranco Capital borrowed $17.7 million from Webster Bank for 2045 Ocean Avenue, Midwood, Brooklyn on November 30, 2023.

Latest Stories:

• Chess Builders signs $7.2M initial loan with Parke Bank for office, retail in Williamsburg (December 26, 2024)

• Williamsburg office building sells for $26.5M (December 26, 2024)

• Kaushik Patel signs $6.8M loan with Parke Bank for 70-key hotel project in Melrose (August 21, 2024)

• 70-unit conversion planned for current Brownsville commercial building (May 15, 2024)

• Moses Karpen pays $2.5M for dev site in Williamsburg, gets $8.95M construction loan (February 29, 2024)

• Ranco Capital signs $17.7M refi with Webster Bank for new 50-unit building in Midwood (December 01, 2023)

• Beitel Group files plans for 32K sf office building in Borough Park (August 31, 2023)

• Beitel Group pays $4M for industrial in Borough Park (May 23, 2023)

• Moses Karpen pays $5.2M for two mixed-use properties in Bedford Stuyvesant (April 20, 2023)

• Cheskel Schwimmer pays $4.9M for likely dev site in Williamsburg (October 12, 2022)