Xin Development Group International

(Xinyuan Real Estate, Xinyuan USA, Xinyuan Real Estate Co., Xinyuan Group)

150 East 52nd Street, Floor 6, New York, NY 10022

27/F, China Central Place, Tower II, 79 Jianguo Road, Chaoyang District, Beijing, 100025, China

People:

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Xin Development Group International NYC portfolio

$318.6 million -D6 37%, condo 33%, specialty 28%; Manhattan 49%, Queens 28%, Brooklyn 21%*

684th largest portfolio by dollar value

436,691 sqft – specialty 36%, D6 32%, condo 30%; Manhattan 40%, Queens 36%, Brooklyn 22%

922th largest by SF

4 properties – Brooklyn 82%, Manhattan 12%, Queens 4%

2190th largest

121 residential units – Manhattan 67%, Brooklyn 32%

1609th largest by residential units

1 foreclosure, 5 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Seller company: 1 for $50 million

Borrower company: 1 for $32.5 million

Latest Stories:

• Xin Development puts Flushing dev site in bankruptcy to block Maverick-led $41M auction (May 08, 2026)

• Foreclosure sale date set for Flushing RKO theater with $41M judgment, Maverick holds note (July 22, 2025)

• Xin Development signs $32.5M refi with Avant Capital for retail in Hell’s Kitchen (December 16, 2024)

• BH3 Management pays $50M for 52 unsold condo units in Hell’s Kitchen, through bankruptcy (October 25, 2024)

• Xin Development Group places $123M Hell’s Kitchen condo in bankruptcy (January 08, 2024)

• Xin Development sues lender BH3 Management over 92-unit Hell’s Kitchen condo loan (November 27, 2023)

• Maverick files $34.4M pre-foreclosure in Flushing 9 months after origination (July 21, 2023)

• Xin Development Group signs $34.4M refi loan with Maverick for dev site in Flushing (October 12, 2022)

• Xinyuan gets $45M condo inventory loan with Klimart Capital at the Oosten in Williamsburg (April 27, 2022)

• Xinyuan cuts debt on 92-unit Clinton condo project by 17% to $90M from Ares Capital (January 28, 2021)

Court Records:

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Properties:

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