Trans World Equities

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Trans World Equities portfolio

$71.2 million* – elevator 65%, mixed-use 18%; Manhattan 100%, Bronx 0%

741th largest portfolio by dollar value

189,891 sqft – elevator 68%, mixed-use 22%;

1263th largest by SF

12 properties – Manhattan 100%, Bronx 0%

717th largest

83 residential units – Manhattan 100%, Bronx 0%

1608th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Borrower company: 21 for $83.4 million

Lender company: 7 for $13.6 million

Top Ten Associated People:

Chi Yen Chen (3), Grace Chan (2), Morris Missry (1), Paul Gagliardi (1), Yintung “Tony” Chang (1), Ursula Flores (1), Allison Thoms (1), Helen Chen (1), Carin Chadow (1)

Recent activity as company:

Trans World Equities borrowed $12.9 million from Bank of America for 12 John Street, Financial District, Manhattan on July 18, 2024.

Trans World Equities borrowed $5.5 million from City National Bank for 35 West 19th Street, Flatiron District, Manhattan on July 17, 2024.

Trans World Equities borrowed $8 million from City National Bank for 11 East 17th Street, Flatiron District, Manhattan on July 15, 2024.

Trans World Equities borrowed $8 million from Industrial and Commercial Bank of China for 15 East 17th Street, Flatiron District, Manhattan on July 11, 2024.

Trans World Equities borrowed $13 million from Industrial and Commercial Bank of China for 11 West 17th Street, Flatiron District, Manhattan on July 11, 2024.

Trans World Equities borrowed $7.5 million from Industrial and Commercial Bank of China for 23 East 17th Street, Flatiron District, Manhattan on July 11, 2024.

Trans World Equities borrowed $9 million from Industrial and Commercial Bank of China for 13 East 17th Street, Flatiron District, Manhattan on July 09, 2024.

Trans World Equities borrowed $0 from Trans World Equities for 336 Canal Street, Tribeca, Manhattan on May 01, 2024.

Trans World Equities borrowed $13.6 million from Trans World Equities for 12-16 John Street, Financial District, Manhattan on April 30, 2024.

Trans World Equities borrowed $0 from Trans World Equities for 15 East 17th Street, Flatiron District, Manhattan on April 22, 2024.

Latest Stories:

• Lonicera Partners signs $128M construction loan for 290-unit project in Downtown Brooklyn (June 08, 2023)

• Davis Companies acquires $35M stake in 290-unit Lonicera project in Downtown Brooklyn (June 07, 2023)

• Trans World Equities is new lender for $37M loan given to Lonicera Partners to buy Downtown Brooklyn site (August 12, 2022)

• $37M loan with Investment Property Exchange Services for Lonicera’s project in Downtown Brooklyn (January 24, 2022)

• Buyer pays $48M to Trans World Equities for site Lonicera is developing in Downtown Brooklyn (January 13, 2022)

• Paul Gagliardi pays $13.8M to Trans World Equities affiliate for retail building in Fordham Manor (January 10, 2022)

• Thor turns over Hell’s Kitchen retail valued at $10.3M to former lender (November 19, 2021)

• Richard E. Carroll pays $8M to Murphy-Webster Associates, LLC for property in Fordham (October 18, 2019)

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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