Metro City Bank

Lender

People:

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Company Activity past 24 months:

Lender company: 1 for $25 million

Recent activity as company:

• Jasmin Patel borrowed $25 million from Metro City Bank for 38-11 10 Street on March 22, 2024.

• PrideHospitalityGroup borrowed $30 million from Metro City Bank for 149-01 Archer Avenue on December 29, 2023.

• Neil Amin borrowed $15.4 million from Metro City Bank for 1 Moore Street on November 30, 2023.

• Harjinder Singh borrowed $5 million from Metro City Bank for 29-10 21 Street on November 22, 2022.

Latest Stories:

• Sam Chang’s McSam Hotel Group sells newly built LIC hotel for $40.5M to Jasmin Patel (March 28, 2024)

• Jai Patel signs $30M refi with Metro City Bank for Aloft hotel in Jamaica (January 11, 2024)

• Jasmin Patel pays $17M for LIC hotel that was facing foreclosure (July 10, 2023)

• Letap Group signs contract to buy from McSam Hotel Group LIC hotel project (January 09, 2023)

• McSam Hotel signs $9M construction loan with Sterling National Bank for hotel in Astoria (October 11, 2021)

• Harjinder Singh files plans for 28-unit mixed-use building in Astoria (August 26, 2020)

• McSam Hotel Group obtained financing of $8M from Sterling National Bank (July 25, 2019)

Court Records:

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