Daniel Chang
United Overseas Bank
(UOB)
Lender
United Overseas Bank portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$40.8 million – retail 100%; Manhattan 100%, Bronx 0%
1063th largest portfolio by dollar value
70,135 sqft – retail 100%;
2342th largest by SF
1 foreclosure, 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: 1 for $40.3 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
CTF Development (1)
Top Ten Associated People:
Daniel Sedlmayer (1)
Recent activity as signatory:
• CTF Development borrowed $40.3 million from United Overseas Bank for 981 Madison Avenue and 987 Madison Avenue, Lenox Hill, Manhattan on October 29, 2024.
• Host Hotels & Resorts borrowed $150 million from Host Hotels & Resorts for 1414 Avenue Of The Amer, Midtown West, Manhattan on July 16, 2024.