Trans World Equities
(JBF Funding, TWE Rentals, Transworld Equities, Transworld Equities Associates)
Lender
13 East 17th Street 8th Floor New York NY 10003
697 3rd Ave #460 New York, NY 10017
People:
Trans World Equities NYC portfolio
$235.7 million -elevator 31%, mixed-use 31%, retail 19%; Manhattan 99%*
962th largest portfolio by dollar value
252,116 sqft – elevator 51%, mixed-use 23%, specialty 9%; Manhattan 100%
1424th largest by SF
19 properties – Manhattan 100%
613th largest
101 residential units – Manhattan 100%
1906th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
JBF Funding is in care of Trans World Equities.
Company Activity past 24 months:
Borrower company: 6 for $60.2 million
Developer (new building or major alteration): 3 for 36,150 square feet
Top Ten Associated Companies:
Trans World Equities (7), Fortress Investment Group (6), East West Bank (4), Industrial and Commercial Bank of China (4), Bank of America (3), City National Bank (2), CTBC Bank (2), Dori Nagar (1), Paul Gagliardi (1), JPMorgan Chase (1)
Top Ten Associated People:
Yongli Horowitz (4), Chi Yen Chen (3), Allison Thoms (2), Grace Chan (2), Paul Gagliardi (1), Ursula Flores (1), Helen Chen (1), Yintung “Tony” Chang (1), Carin Chadow (1)
Recent activity as company:
• Trans World Equities borrowed $7 million from East West Bank for 861 Broadway, Flatiron District, Manhattan on July 02, 2026.
• Trans World Equities borrowed $11 million from East West Bank for None on July 02, 2026.
• Trans World Equities borrowed $6 million from East West Bank for None on July 02, 2026.
• Trans World Equities for Ciro Salcedo filed plans for major alteration for 6,814 sqft in Hell’s Kitchen, Manhattan, on April 29, 2026.
• Trans World Equities for Daniel Forrester filed plans for major alteration for 11,050 sqft in Flatiron District, Manhattan, on November 05, 2025.
• Trans World Equities borrowed $17.3 million from East West Bank for 685 8 Avenue on June 30, 2025.
• Trans World Equities borrowed $11.8 million from Bank of America for 857 Broadway on June 27, 2025.
• Trans World Equities for Ciro Salcedo filed plans for new building for 18,286 sqft in Tribeca, Manhattan, on April 15, 2025.
• Trans World Equities borrowed $7.1 million from Bank of America for 340 Canal Street on December 23, 2024.
• Trans World Equities borrowed $5.5 million from City National Bank for 35 West 19 Street on July 09, 2024.
Latest Stories:
• Trans World Equities signs $11.8M refi for retail in Flatiron District (August 14, 2025)
• Trans World Equities controls 3-property potential dev site in Hell’;s Kitchen (June 16, 2022)
• Trans World affiliate pays $20M for mixed-use in Hell’;s Kitchen (June 13, 2022)
• Trans World Equities pays $22M for retail facing Union Square (May 17, 2022)
Court Records:
Properties: