Cathay Bank

Lender

People:

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Cathay Bank NYC portfolio

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

4434th largest portfolio by dollar value

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

4766th largest by SF

2 properties – Queens 75%, Manhattan 25%

4242th largest

9 foreclosures, 2 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $12 million

Seller company: 2 for $12 million

Lender company: 41 for $479 million

Top Ten Associated Companies:

Cathay Bank (2)

Top Ten Associated People:

Betty Cheng (2)

Recent activity as company:

• Nilin Zhang and Qiao Chen borrowed $5.5 million from Cathay Bank for 72-02 51st Avenue, Maspeth, Queens on April 23, 2026.

• Zhi Wen Li borrowed $4.2 million from Cathay Bank for 239 West 20th Street, Chelsea, Manhattan on April 23, 2026.

• Yin Chou Hu borrowed $15 million from Wells Fargo for 63-68 Austin Street, 63-68 Austin Street, and 63-68 Austin Street, Rego Park, Queens on April 10, 2026.

• Victor Peng and Yi Hua Chen borrowed $32 million from Cathay Bank for 133-16 35 Avenue on March 17, 2026.

• Hui Shi borrowed $22.6 million from Bravo Capital for 39-28 30 Street on March 12, 2026.

• Shaomei Xu borrowed $5.4 million from Cathay Bank for None on February 13, 2026.

• Jade Century Properties borrowed $5.4 million from Cathay Bank for 308 1 Street on February 09, 2026.

• Jade Century Properties borrowed $10 million from Cathay Bank for 445 East 88 Street on February 09, 2026.

• Pearl Peihua Zheng borrowed $6 million from Cathay Bank for None on February 06, 2026.

• Pearl Peihua Zheng borrowed $6 million from Cathay Bank for None on February 06, 2026.

Latest Stories:

• 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)

• Yan Hong Wang pays $4.2M to McSam Hotel Group for residential elevator in Flushing (January 16, 2026)

• Trifecta Equities pays $4.5M for 24-unit dev site in Gowanus (December 31, 2025)

• Leopold Kaff pays $28M to Jian Yang Zhang for industrial in Ridgewood (December 24, 2025)

• Chen Ye pays $10M for mixed-use in Flushing (December 01, 2025)

• Parkview Properties pays $8.3M for two buildings with 17 unit in Bushwick (September 25, 2025)

• Chun Yee Yung signs $5.5M refi for office building in NoMad (August 06, 2025)

Court Records:

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Properties:

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