Franz Cervinka

(Franz F. Cervinka)

Underwriter

Cerco Funding

(Cerco Bridge Loans)

230 Central Park South, PH17 New York NY 10019 USA

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Person Activity past 24 months:

Lender signatory: 3 for $81.8 million

Top Ten Associated Companies:

Urban Realty Partners (1), Mar Mar Realty (1), City Urban Realty (1), United American Land (1)

Top Ten Associated People:

Shelly Listokin (1), Michael Alvandi (1), Albert Laboz (1)

Recent activity as signatory:

Urban Realty Partners and Mar Mar Realty borrowed $37.1 million from Cerco Funding for None on June 18, 2026.

Bogopa Enterprises and Shorewood Real Estate Group borrowed $28.5 million from PCCP for 370 Grand Concourse on March 03, 2026.

City Urban Realty borrowed $16.8 million from Cerco Funding for None on February 27, 2026.

Avi Hiaeve borrowed $19 million from Genesis LLC for 7 East 59 Street on February 19, 2026.

United American Land borrowed $28 million from Cerco Funding for 421 Broadway on November 25, 2025.

Latest Stories:

• Urban Realty Partners pays $45M for 415-unit dev site in Flushing (July 01, 2026)

• City Urban Realty signs $16.8M construction loan with Cerco for retail dev site in SoHo (April 13, 2026)

• City Urban Realty pays $14M for dev site in SoHo (March 17, 2026)

• Bogopa, Shorewood sign $28.5M refi with PCCP for 304-unit dev site in Mott Haven (March 10, 2026)

• Diamond, watch dealer Avi Hiaeve signs $19M refi loan with Genesis LLC for office in Lenox Hill (February 25, 2026)

• United American Land refis two SoHo properties with $42M from Cerco, Metropolitan (December 05, 2025)

• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)

• Watch dealer Avi Hiaeve pays $26.7M for former Playboy Club building in foreclosure (February 29, 2024)

• Judge orders foreclosure sale of BentallGreenOak, Capstone building with $69M in debt (February 13, 2023)

• Whitestone Lanes’ owner proposes 347-unit mixed-use development in Flushing (October 14, 2022)

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