iCross Capital
(iCross Fund)
Lender
16 Middle Neck Rd Ste 305, Great Neck, NY, 11021
28-07 Jackson Ave, 8th Floor. Long Island City NY 11101
People:
iCross Capital NYC portfolio
$113.1 million -elevator 64%, development 24%, V1 11%; Queens 93%, Brooklyn 6%*
1509th largest portfolio by dollar value
140,203 sqft – elevator 100%; Queens 72%, Brooklyn 27%
2043th largest by SF
12 properties – Queens 92%, Brooklyn 7%
939th largest
236 residential units – Queens 81%, Brooklyn 18%
1079th largest by residential units
2 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $7.5 million
Seller company: 1 for $7.1 million
Borrower company: 3 for $75.8 million
Lender company: 11 for $456.4 million
Top Ten Associated Companies:
Ponce Bank (2), iCross Capital (2), Community Preservation Corporation (1), Aditya Shah (1), NY Advantage Funding (1), Nzdckns LLC (1)
Top Ten Associated People:
Luis G. Gonzalez Jr. (1), Zhaodi Xie (1), Aditya Ajaykumar Shah (1), Zhen Shen (1)
Recent activity as company:
• iCross Capital borrowed $21 million from iCross Capital for 38-09 28 Street on June 26, 2026.
• Loketch Group borrowed $22.6 million from iCross Capital for None on June 04, 2026.
• iCross Capital borrowed $32 million from iCross Capital for 28-16 42nd Road, 28-16 42nd Road, 28-16 42nd Road, 28-16 42nd Road, 28-16 42nd Road, and 28-16 42nd Road, Long Island City, Queens on June 01, 2026.
• United Construction & Development Group borrowed $50 million from iCross Capital for 42-63 23 Street on April 02, 2026.
• United Construction & Development Group borrowed $28.8 million from iCross Capital for None on February 27, 2026.
• Hello Living sold 2421 Albemarle Road for $7.5 million to iCross Capital on February 24, 2026.
• iCross Capital borrowed $22.8 million from NY Advantage Funding for 26-46 4th Street and 26-46 4th Street, Astoria, Queens on February 18, 2026.
• Carlyle Group and Z+G Property Group borrowed $64.4 million from Invesco for None on December 30, 2025.
• iCross Capital sold 28-12 41 Avenue for $7.1 million to Aditya Shah on October 02, 2025.
• Century Development Group borrowed $45 million from BridgeCity Capital for 45-40 21 Street on August 08, 2025.
Latest Stories:
• Loketch Group pays $11M for 17-unit dev site in Fort Greene (June 15, 2026)
• United Construction &; Development signs $50M refi with iCross for LIC dev site (April 21, 2026)
• iCross refis 71-unit United Construction development in LIC with $28.8M loan (March 12, 2026)
• Aditya Shah pays $7.1M to iCross Capital for dev site in Long Island City (October 29, 2025)
• United Construction &; Development signs $40M refi with iCross for LIC dev site (August 20, 2025)
• United Construction &; Development files plans for 387-unit project in LIC (August 14, 2025)
• Lions Group signs $61M construction loan with iCross for office project in Flushing (May 08, 2025)
Court Records:
Properties:
