NuVerse Advisors

Lender

152 W. 57th Street 21st Floor New York, NY 10019

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NuVerse Advisors NYC portfolio

$359.2 million -office 36%, industrial 24%, elevator 21%; Queens 63%, Manhattan 36%*

607th largest portfolio by dollar value

506,435 sqft – elevator 36%, office 28%, O8 16%; Queens 71%, Manhattan 28%

823th largest by SF

6 properties – Queens 97%, Manhattan 2%

1610th largest

1,538 residential units – Queens 100%

216th largest by residential units

Company Activity past 24 months:

Seller company: 1 for $5.1 million

Borrower company: 1 for $99 million

Lender company: 1 for $50 million

Top Ten Associated Companies:

Metropolitan Commercial Bank (3), Bank Hapoalim (2), Xiang Yu Cao (1), Zhaoyu Jia (1), Jeagwan Lim (1), IDB (1)

Top Ten Associated People:

Xiang Yu Cao (1), Zhaoyu Jia (1), Judy Barnes (1), David Kesselman (1), Jeagwan Lim (1)

Recent activity as company:

NuVerse Advisors and Sunshine Developers borrowed $99 million from Bank Hapoalim for 26 East 29 Street on January 22, 2025.

NuVerse Advisors sold 136-18 Maple Avenue, Flushing, Queens for $5.1 million to Xiang Yu Cao on June 10, 2024.

Sunlight Development borrowed $50 million from NuVerse Advisors for 26 East 29 Street on June 05, 2024.

NuVerse Advisors borrowed $8.2 million from Metropolitan Commercial Bank for 21-05 31 Avenue on August 10, 2023.

NuVerse Advisors borrowed $65.3 million from Bank Hapoalim for 11-07 30 Drive on June 20, 2023.

NuVerse Advisors and Sunlight Development Group sold 136-20 Maple Avenue, Flushing, Queens for $2.2 million to Jeagwan Lim on April 04, 2023.

NuVerse Advisors sold 136-20 Maple Avenue, Flushing, Queens for $2.1 million to Zhaoyu Jia on February 09, 2023.

Sunlight Development and NuVerse Advisors for Vicki Saali filed plans for major alteration for 151,617 sqft in Astoria, Queens, on October 20, 2022.

NuVerse Advisors borrowed $19.5 million from Metropolitan Commercial Bank for 972964TH Road, Rego Park, Queens on July 13, 2021.

NuVerse Advisors borrowed $7 million from Metropolitan Commercial Bank for 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, and others, Rego Park, Queens on July 13, 2021.

Latest Stories:

• Xi Ting Zhang with partners pays $7.1M for retail in Flushing, sold for $5.1M in 2024 (May 15, 2025)

• NuVerse, Sunshine sign $99M construction loan for condo conversion in NoMad, $235M sellout (January 31, 2025)

• Xiang Yu Cao pays $5.1M to NuVerse Advisors for commercial condo in Flushing (June 26, 2024)

• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)

• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion (June 03, 2024)

• Goodman Capital gives $23M loan for NoMad office building exiting bankruptcy (February 23, 2024)

• NuVerse, Sunlight submit $161M condo plan for 122 units in Astoria (November 21, 2023)

• NuVerse Advisors signs $65.3M construction loan with Bank Hapoalim for 118-unit project in Astoria (June 30, 2023)

• Sunlight Development Group pays $7.4M to Michael Lagoudis for 34-unit project in Astoria (January 13, 2023)

• Sunlight Development pays $25M to Eastone Equities for 118-unit dev site in Astoria (September 01, 2022)

Properties:

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