Royal Business Bank

Royal Business Bank portfolio

$1.5 million – mixed-use 100%; Brooklyn 100%, Manhattan 0%

5762th largest portfolio by dollar value

3,800 sqft – mixed-use 100%;

6625th largest by SF

2 residential units – Brooklyn 100%, Manhattan 0%

796th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 2 for $17.7 million

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

Top Ten Associated Companies:

Henry Zheng (1), Yousef Althkefati (1), Terence Tai-Lin Cheng (1), Lisa Ye (1), W&L Group (1), Meng Hua Wang (1), Yu Ying Li (1), Zhong Zhen Shi (1)

Top Ten Associated People:

Meng Hua Wang (2), Clifford Schwartz (1), Terence Tai-Lin Cheng (1), Lisa Ye (1), Yu Ying Li (1)

Latest Stories:

• David Katz pays $6.2M to Cayuga Capital for mixed-use in Greenpoint, last sold for $10.1M (July 23, 2021)

• Samuel Plotkin borrows $10.1M from Sterling National for warehouse in Clinton (April 13, 2021)

• Yu Ying Li gets $11.4M construction loan from Royal Business Bank in Flushing (February 04, 2021)

• Hirshmark Capital buys $5M debt on Cayuga Capital’s Greenpoint development (October 30, 2020)

• Royal Business Bank pays $3.5M for property in Bensonhurst (October 21, 2020)

• W&L Group borrows $46M from Royal Business Bank for Jamaica development, pays down Madison Realty debt (August 21, 2020)

• Meng Hua Wang refi Madison Realty development debt with $16M from Royal Business Bank in Jamaica (August 14, 2020)

• Henry Zheng, Catherline Zheng borrow $17M from Royal Business Bank to refi property in Jackson Heights (April 15, 2020)

Properties:

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