Midwest Financial
(Midwest Asset Acceptance Group)
3144 South Winton Road, Rochester, NY 14623
People:
Midwest Financial NYC portfolio
$17.4 million -elevator 76%, walkup 23%; Bronx 76%, Manhattan 23%*
3777th largest portfolio by dollar value
116,580 sqft – elevator 73%, walkup 26%; Bronx 73%, Manhattan 26%
2168th largest by SF
2 properties – Manhattan 50%, Bronx 50%
4059th largest
94 residential units – Bronx 64%, Manhattan 35%
1873th largest by residential units
6 foreclosures, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $1.8 million
Lender company: 1 for $0
Recent activity as company:
• City Skyline Realty sold 26 Macombs Place for $750,000 to Midwest Financial on October 15, 2025.
• City Skyline Realty sold 2710 Morris Avenue for $1,000,000 to Allegiance Financial Group and Midwest Financial on June 09, 2025.
• Midwest Financial on August 05, 2024 bought a loan with an original principal of $8.2 million from Ready Capital, signed by Melissa Perez, secured by 34 West 28 Street, when owned by SOMA Group.
• Pravinchandra B. Patel and Kailash R. Patel borrowed $6.4 million from New Millennium Bank for 60-30 Maurice Avenue on October 05, 2022.
• Midwest Financial on December 16, 2021 bought a loan with an original principal of $1,000,000 from Santander Bank, signed by Nicholas A. Rossini, secured by 62-73 Woodhaven Boulevard, when owned by Rajendra Bhayani.
• Midwest Financial on December 16, 2021 bought a loan with an original principal of $1.4 million from Santander Bank, signed by Nicholas A. Rossini, secured by 25-76 Steinway Street, when owned by Michael Eisenberg.
• Midwest Financial on December 16, 2021 bought a loan with an original principal of $1.8 million from Santander Bank, signed by Nicholas A. Rossini, secured by 1120 Pennsylvania Avenue, when owned by Rami Macanian.
• Pacific Western Bank on May 14, 2021 bought a loan with an original principal of $10 million from Midwest Financial, signed by John M. Himmelberg, secured by 60-30 Maurice Avenue, when owned by Pravinchandra Patel.
• Midwest Financial on March 30, 2021 bought a loan with an original principal of $2.9 million from Santander Bank, signed by Nicholas A. Rossini, secured by 104 Lexington Avenue, when owned by Jacques Torkieh.
• Midwest Financial on March 30, 2021 bought a loan with an original principal of $700,000 from Santander Bank, signed by Nicholas A. Rossini, secured by 4079 White Plains Road, when owned by Prime Rok Real Estate.
Latest Stories:
• Hell’s Kitchen building sells for $5.5M (April 02, 2025)
• $10M pre-foreclosure filed at 61-unit rental in Fordham Manor (June 12, 2023)
• 295 W 150 LLC obtained financing of $8M from PEAPACK-GLADSTONE BANK (July 16, 2019)
Court Records:
Properties:
