F&T Group

Owner, Developer

Private Equity

37-12 Prince Street, Flushing, New York 11354

fandtgroup.com

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F&T Group NYC portfolio

$614.1 million -condo 64%, industrial 32%, specialty 3%; Queens 99%*

435th largest portfolio by dollar value

1,056,037 sqft – condo 88%, industrial 11%; Queens 100%

507th largest by SF

10 properties – Queens 100%

1120th largest

151 residential units – Queens 100%

1503th largest by residential units

1153 foreclosures, 0 bankruptcies, 192 other court cases.

Company Activity past 24 months:

Borrower company: 4 for $143 million

Developer (new building or major alteration): 2 for 473,662 square feet

Top Ten Associated Companies:

Shanghai Commercial Bank (6), Maxim Capital Group (2), Cirrus Real Estate Partners (2), Zhang Hai Huang (1), Michael Kwong (1), JPMorgan Chase (1), Barclays (1), Jie Wu (1), Jaling Wang (1), Kevin Tin (1)

Top Ten Associated People:

Zhang Hai Huang (1), Michael Kwong (1), Jennifer R. Lewin (1), Adam Scotto (1), Jie Wu (1), Jaling Wang (1), Eric Chan (1), Kevin Tin (1), Willy Ky (1), Ziqiang Zhu (1)

Recent activity as company:

• F&T Group borrowed $123 million from Maxim Capital Group for 136-35 39 Avenue on August 13, 2026.

• F&T Group for Richard Siu filed plans for new building for 315,325 sqft in Flushing, Queens, on December 17, 2025.

• F&T Group borrowed $20 million from Maxim Capital Group for 35-32 College Point Boulevard on October 28, 2025.

• Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $137 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 133-36 37th Avenue, 133-36 37th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 37-12 Prince Street, and others, Flushing, Queens, when owned by F&T Group.

• Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $25 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 37-02 College Point Boulevard, when owned by F&T Group.

• F&T Group for Richard Siu filed plans for new building for 158,337 sqft in Flushing, Queens, on March 19, 2025.

• F&T Group and Shanghai Construction Group sold 37-12 Prince Street, Flushing, Queens for $3 million to Zhang Hai Huang on October 18, 2023.

• Rockefeller Group Development sold 136-35 39 Avenue for $32.8 million to F&T Group on June 01, 2023.

• F&T Group and Shanghai Construction Group sold 37-12 Prince Street, Flushing, Queens for $2.9 million to Kevin Tin on May 30, 2023.

• F&T Group borrowed $57.1 million from JPMorgan Chase and Barclays for 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, and others, Flushing, Queens on May 05, 2023.