Ascent Development
Ascent Development NYC portfolio
$101 million -elevator 84%, D8 7%, V1 7%; Queens 100%*
1495th largest portfolio by dollar value
132,333 sqft – D8 83%, elevator 16%; Queens 100%
2001th largest by SF
8 properties – Queens 100%
1322th largest
92 residential units – Queens 100%
1891th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Top Ten Associated Companies:
Preferred Bank (1), Derby Copeland Capital (1)
Recent activity as company:
• Ascent Development borrowed $64.2 million from Preferred Bank for None on April 29, 2021.
• Jinneng Bao sold None for $1.5 million to Ascent Development on September 23, 2020.
• Uriel Zichron sold None for $3.7 million to Ascent Development on September 23, 2020.
• Ascent Development borrowed $16 million from Derby Copeland Capital for None on September 23, 2020.
Court Records:
Properties:
