Sunlight Development Group
Sunlight Development Group portfolio
$17.8 million* – industrial 44%, retail 23%; Queens 68%, Brooklyn 31%
1884th largest portfolio by dollar value
128,465 sqft – industrial 47%, condo 32%;
1630th largest by SF
17 properties – Queens 94%, Brooklyn 5%
539th largest
Company Activity past 24 months:
Buyer company: 3 for $41.3 million
Seller company: 1 for $2.2 million
Borrower company: 4 for $49.5 million
Top Ten Associated Companies:
Amerasia Bank (2), Lisa Lam (1), S3 Capital (1), Linlin Zhuo (1), CTBC Bank (1), Michael Lagoudis (1), Martin Kupferberg (1), Jeagwan Lim (1), iCross Capital (1), Joseph Torres (1)
Top Ten Associated People:
Lisa Lam (1), Joshua Crane (1), Linlin Zhuo (1), Michael Lagoudis (1), Martin Kupferberg (1), Jeagwan Lim (1), Lily Guo (1), Jose I. Torres Jr. (1), Chi-Jen Hsu (1), Jodi S. Hoffman (1)
Recent activity as company:
• Sunlight Development Group and Xia Zhou borrowed $11.5 million from Amerasia Bank for 49 Ash Street, Greenpoint, Brooklyn on August 01, 2023.
• Joseph Torres sold 49 Ash Street, Greenpoint, Brooklyn for $18.8 million to Sunlight Development Group and Xia Zhou on August 01, 2023.
• Sunlight Development Group borrowed $5.3 million from Webster Bank for 78-01 Queens Boulevard, 79-30 Albion Avenue, and N/A Albion Avenue, Elmhurst, Queens on July 18, 2023.
• Daniel Licht sold 78-01 Queens Boulevard, 79-30 Albion Avenue, and N/A Albion Avenue, Elmhurst, Queens for $9.6 million to Sunlight Development Group on July 18, 2023.
• Sunlight Development Group borrowed $24.6 million from iCross Capital for 134-16 Northern Boulevard, Flushing, Queens on July 07, 2023.
• NuVerse Advisors and Sunlight Development Group sold 136-20 Maple Avenue, Flushing, Queens for $2.2 million to Jeagwan Lim on May 05, 2023.
• Sunlight Development Group borrowed $8 million from Amerasia Bank for 42-06 College Point Boulevard, Flushing, Queens on March 15, 2023.
• Martin Kupferberg sold 42-06 College Point Boulevard, Flushing, Queens for $13 million to Sunlight Development Group on March 15, 2023.
• Michael Lagoudis sold 21-05 31st Avenue, Astoria, Queens for $7.4 million to Sunlight Development Group on January 12, 2023.
• Sunlight Development Group for Linzhong Zhuo filed plans for new building for 7,879 sqft in Flushing, Queens, on October 29, 2022.
Latest Stories:
• Sunlight Development Group pays $18.8M for industrial in Greenpoint (August 02, 2023)
• Sunlight Development pays $9.6M for possible dev site in Elmhurst (July 19, 2023)
• Sunlight Development pays $13M for industrial in Flushing (March 16, 2023)
• Sunlight Development group pays $10M to Linlin Zhuo for unsold condos in Flushing (April 04, 2022)
Properties: