Chi-Jen Hsu
Amerasia Bank
Lender
Amerasia Bank portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.4 million – retail 100%; Brooklyn 100%, Manhattan 0%
5858th largest portfolio by dollar value
5,700 sqft – retail 100%;
6070th largest by SF
6 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 8 for $75.9 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Sunlight Development (2), Cun Long Chen (2), Mark Misk (1), Sparkling Supermarket (1), Kyu Heung Park (1), Xin Xiang LIn (1), Hang Dong Zhang (1), Sunlight Development Group (1), Xia Zhou (1), Fei Hua Weng (1)
Top Ten Associated People:
Linzhong Zhuo (3), Cun Long Chen (2), Hang Dong Zhang (2), Mark Misk (1), Xiang Yang Xia (1), Jia He Chen (1), Baozhen Lin (1), Kin Chau Cheng (1), Linzhong Zhou (1), Kyu Heung Park (1)
Recent activity as signatory:
• Sunlight Development borrowed $7.8 million from Amerasia Bank for 816 58th Street, Sunset Park, Brooklyn on September 11, 2024.
• Xin Xiang Linand Cun Long Chen borrowed $5 million from Amerasia Bank for 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, and others, Sunset Park, Brooklyn on August 13, 2024.
• Ken Huangand Linzhong Zhuo borrowed $12 million from Amerasia Bank for 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, and others, Flushing, Queens on April 26, 2024.
• B Square Realty borrowed $12 million from Amerasia Bank for 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, and others, Long Island City, Queens on April 04, 2024.
• Fei Hua Wengand Yin Chou Hu borrowed $5.2 million from Amerasia Bank for 135-21 37th Avenue, Flushing, Queens on August 29, 2023.
• Sunlight Development Groupand Xia Zhou borrowed $11.5 million from Amerasia Bank for 49 Ash Street, Greenpoint, Brooklyn on August 01, 2023.
• Hang Dong Zhang borrowed $5 million from Amerasia Bank for 24-40 Steinway Street, Astoria, Queens on June 29, 2023.
• Xin Xiang LInand Cun Long Chen borrowed $17.5 million from Amerasia Bank for 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, and others, Maspeth, Queens on January 17, 2023.
• Kai Chui Chan borrowed $5 million from Kearny Bank for 29 Wyckoff Avenue, Bushwick, Brooklyn on January 03, 2023.
• Kyu Heung Park borrowed $7.1 million from Amerasia Bank for 168 Suffolk Street, Lower East Side, Manhattan on August 10, 2022.
Latest Stories:
• Sunlight Development pays $9.8M for mid-construction project in Sunset Park September 03, 2024
• David Aboodi affiliate buys $4.98M note secured by Sunset Park dev site June 25, 2024
• Sunlight Development, Linzhong Zhuo sign $12M refi in Flushing April 29, 2024
• Sunlight Development Group pays $18.8M for industrial in Greenpoint August 02, 2023
• Hang Dong Zhang, Jing An pay $10.7M for hotel in Astoria March 16, 2023
• Sunlight Development group pays $10M to Linlin Zhuo for unsold condos in Flushing April 04, 2022
• Sparkling Supermarket pays $19M for mixed-use building in Elmhurst January 20, 2022
• McSam Hotel Group affiliate pays $11.2M to DW Partners for property in Flushing April 19, 2021