Xin Development Group International
(Xinyuan Real Estate, Xinyuan USA, Xinyuan Real Estate Co.)
People:
Xin Development Group International portfolio
$68.9 million – condo 70%, specialty 29%; Brooklyn 47%, Queens 29%
738th largest portfolio by dollar value
436,691 sqft – specialty 36%, D6 32%;
667th largest by SF
47 properties – Brooklyn 82%, Manhattan 12%
110th largest
121 residential units – Manhattan 67%, Brooklyn 32%
677th largest by residential units
1 foreclosure, 3 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $50 million
Borrower company: 2 for $65 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Avant Capital (2), American Regional Center for Entrepreneurs (1), Klimart Capital (1), Ares Management (1), BH3 Management (1)
Top Ten Associated People:
Adam Luysterborghs (2), Michael Friedman (1), Neil Ellner (1)
Latest Stories:
• Xin Development Group places $123M Hell’s Kitchen condo in bankruptcy (January 08, 2024)
Litigation: