Webster Bank

People:

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Company Activity past 24 months:

Lender company: 95 for $2 billion

Top Ten Associated Companies:

Ved Parkash (7), Benjamin Wai (6), Kings Capital (4), Maheshchand M. Ratanji (4), Aurora Capital Associates (4), Forkosh Development Group (3), Finkelstein Timberger East Real Estate (2), Stagg Group (2), Maddd Equities (2), CAVU Property Group (2)

Top Ten Associated People:

Ved Parkash (7), Benjamin Wai (6), Jeffrey Znaty (4), Robert Cayre (4), Alex Forkosh (3), Maheshchand M. Ratanji (3), Mark Stagg (2), Steven Hurwitz (2), Deepak Raj (2), Emily Kurtz (2)

Recent activity as company:

• AB & Sons Group and Jacob Aini borrowed $20.3 million from Webster Bank for 315 West 35th Street, Garment District, Manhattan on January 21, 2025.

• William Gottlieb Real Estate borrowed $18.5 million from Webster Bank for 63 Gansevoort Street, Meatpacking District, Manhattan on December 27, 2024.

• David Z. Chang borrowed $8.5 million from Berkadia Commercial Mortgage for 356 West 48th Street, Hell’s Kitchen, Manhattan on December 17, 2024.

• Stagg Group borrowed $16.7 million from Berkadia Commercial Mortgage for 3184 Webster Avenue, None, Bronx on December 13, 2024.

• Jose Betancourt borrowed $8.8 million from Webster Bank for 45 Wadsworth Avenue, Washington Heights, Manhattan on December 05, 2024.

• Siras Development borrowed $24.6 million from Webster Bank for 525 West 24th Street and 525 West 24th Street, Chelsea, Manhattan on December 03, 2024.

• Affordable Living NY borrowed $7.2 million from Webster Bank for 3025 Avenue U, Sheepshead Bay, Brooklyn on November 20, 2024.

• Jenel Management borrowed $45 million from Webster Bank for 22-11 31st Street, Ditmars Steinway, Queens on November 19, 2024.

• Azimuth Development Group borrowed $10.2 million from Webster Bank for 1328 Castle Hill Avenue and 1300 Castle Hill Avenue, Westchester Square, Bronx on November 15, 2024.