Cathay Bank

Lender

People:

To see the 8 people from this company you need a Professional level subscription

Subscribe ($125/month)

Cathay Bank NYC portfolio

$11.9 million -office 73%, condo 26%; Manhattan 73%, Queens 26%*

4660th largest portfolio by dollar value

22,482 sqft – office 73%, condo 26%; Manhattan 73%, Queens 26%

4957th largest by SF

2 properties – Queens 75%, Manhattan 25%

4463th largest

200 foreclosures, 2 bankruptcies, 576 other court cases.

Company Activity past 24 months:

Lender company: 47 for $572.9 million

Top Ten Associated Companies:

Cathay Bank (2)

Top Ten Associated People:

Betty Cheng (2)

Recent activity as company:

• Steven Li and JLS Group Construction borrowed $15 million from Cathay Bank for 135-70 Kew Gardens Road on June 30, 2026.

• Friedland Properties borrowed $18 million from Cathay Bank for 2561 Broadway and 253 West 47th Street, Upper West Side, Manhattan on June 26, 2026.

• Juan Qing Lu, Minzheng Liu and Wen Jin Lu borrowed $4.5 million from Cathay Bank for None on June 01, 2026.

• Okada & Company borrowed $5 million from Cathay Bank for 135 West 52nd Street, Midtown West, Manhattan on June 01, 2026.

• Joel Biner and Precision Builders USA borrowed $15.3 million from Cathay Bank for 1646 University Avenue on May 28, 2026.

• David Ariel and Elyahou Elyassoff borrowed $11 million from Cathay Bank for None on May 28, 2026.

• Shi Wei Lei borrowed $2 million from Cathay Bank for None on April 28, 2026.

• Hiwin Group USA borrowed $40 million from Cathay Bank for 35 West 14 Street on April 27, 2026.

• Zhi Wen Li borrowed $4.2 million from Cathay Bank for None on April 23, 2026.

• Nilin Zhang and Qiao Chen borrowed $5.5 million from Cathay Bank for None on April 23, 2026.

Latest Stories:

• Juan Qing Lu pays $8M for Sirico’;s banquet hall in Dyker Heights (June 15, 2026)

• Hiwin Group signs $40M construction loan with Cathay for 55-unit condo in Flatiron District (May 29, 2026)

• Shi Wei Lei pays $3.9M for retail in Sunset Park, owned for nearly 70 years (May 18, 2026)

• Zhi Wen Li pays $7M to Viewgrow Capital Asset Management for 24-unit walkup in Chelsea (May 11, 2026)

• Nilin Zhang, Qiao Chen pay $9.9M for industrial in Maspeth (May 10, 2026)

• Peter Moore affiliate pays $21.1M for three properties in Chinatown (April 06, 2026)

• Victor Peng, Yi Hua Chen sign $32M refi with Cathay Bank for industrial in Flushing (April 06, 2026)

• Jade Century Properties pays $16.5M to Witnick, partner for 25-unit walkup in Yorkville (March 16, 2026)

• Shaomei Xu pays $9M for adult care facility in Flushing (February 26, 2026)

• Pearl Peihua Zheng pays $10M to long-time owners for retail in Dyker Heights (February 23, 2026)

Court Records:

To see the 10 cases for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 2 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply