Akbar Rizvi

President

Chief Lending Officer

Spring Bank

(Spring Bank NY)

69 E 167th St Bronx, NY 10452

LinkedIn

Person Activity past 24 months:

Lender signatory: 7 for $63 million

Top Ten Associated Companies:

Ketan Patel (1), Prakashkumar Patel (1), Luo Jie Chen (1), Hang Dong Zhang (1), Farid Jaber (1), Solomon Markowitz (1), Lipa Markowitz (1), Spyro Avdoulos (1), Josef Birnbach (1), Veeru Dhillon (1)

Top Ten Associated People:

Ketan Patel (1), Luo Jie Chen (1), Farid Jaber (1), Solomon Markowitz (1), Spyro Avdoulos (1), Josef Birnbach (1), Veeru Dhillon (1), Gagan Chadha (1), Kaushikbhai M. Patel (1), Waleed M. Simreen (1)

Recent activity as signatory:

Farid Jaber borrowed $6.2 million from Spring Bank for 23-61 Broadway on August 03, 2026.

Hemal Chandresh Patel and Samir C. Patel borrowed $5 million from PromiseOne Bank for 405 Alden Place on May 22, 2026.

Solomon Markowitz and Lipa Markowitz borrowed $12.5 million from Spring Bank for 44 Taaffe Place on March 26, 2026.

Waleed Simreen borrowed $5.3 million from Spring Bank for None on March 17, 2026.

Veeru Dhillon borrowed $10 million from Spring Bank for 484 Keap Street on February 12, 2026.

Kaushik Patel borrowed $10.5 million from Spring Bank for 290 East 150 Street on January 29, 2026.

Josef Birnbach borrowed $7 million from Spring Bank for 14 Olive Street on November 26, 2025.

Gagan Chadha borrowed $11.4 million from Spring Bank for 1468 Atlantic Avenue on January 30, 2025.

Ketan Patel and Prakashkumar Patel borrowed $11.7 million from Spring Bank for 42-24 Crescent Street on February 08, 2024.

Spyro Avdoulos borrowed $7 million from Spring Bank for 33-20 55 Street on November 17, 2023.

Latest Stories:

• Veeru Dhillon signs $10M refi with Spring Bank for hotel in Williamsburg (May 04, 2026)

• Waleed Simreen pays $5.5M to BNS Real Estate for retail in Concourse (March 25, 2026)

• Kaushik Patel signs $10.5M refi with Spring Bank for hotel in Melrose (February 11, 2026)

• ABCNY plans 34 units at once-bankrupt parcel in North Corona (February 14, 2025)

• Gagan Chadha pays $14.5M new hotel in Crown Heights (February 11, 2025)

• Kaushik Patel signs $6.8M loan with Parke Bank for 70-key hotel project in Melrose (August 21, 2024)

• Ketan Patel pays $18.1M for hotel in Long Island City (February 22, 2024)

• Courts roundup: $2.5M bankruptcy, 3 pre-foreclosures totaling $11.6M (August 07, 2023)

• Farid Jaber of Trade Fair signs $6M refi loan for grocery location in Astoria (January 26, 2023)

• JY Tangerous LP, Jeffrey Fleischmann buy 4 notes totaling $2.9M (April 09, 2021)

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