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: 6 for $56.8 million

Top Ten Associated People:

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

Recent activity as signatory:

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.

• Luo Jie Chen and Hang Dong Zhang borrowed $5.8 million from Spring Bank for 646 39 Street on August 02, 2023.

Yongyut Limleartvate borrowed $5.8 million from Spring Bank for 41 East 13 Street on July 25, 2023.

Latest Stories:

• 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)

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

• Veeru Dhillon borrows $11M from Customers Bank for hotel in Williamsburg (February 05, 2020)

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