George Xu

Century Development Group NYC portfolio

Other Links:

https://centurydevelopmentgroup.com/our-team/

Person Activity past 24 months:

Buyer signatory: 2 for $26.2 million

Borrower signatory: 6 for $167.1 million

Developer (new building or major alteration): 10 for 0 square feet

Top Ten Associated Companies:

Signature Bank (2), Bank Hapoalim (2), MidFirst Bank (2), BridgeCity Capital (1), Ponce Bank (1), Sovcombank (1), Preferred Bank (1), Derby Copeland Capital (1), GDC Properties (1), Adolph Meyer (1)

Top Ten Associated People:

Louis Lebovits (1), Steven A. Tsavaris (1), Jacky Wong (1), Samuel Ginsberg (1), Gerard DePoalo (1), Hui Hui Liao (1), Adolph Meyer (1), Carolyn Meyer-Grady (1), James Lim (1), Joseph Lipari (1)

Recent activity as signatory:

• Century Development Group borrowed $43.4 million from Bank Hapoalim for 135-01 35 Avenue on May 29, 2026.

• Century Development Group borrowed $9 million from MidFirst Bank for None on February 19, 2026.

• RD Management sold None for $15 million to Century Development Group on February 19, 2026.

• Adolph Meyer and Carolyn Meyer-Grady sold 144-36 Northern Boulevard for $11.2 million to Century Development Group on December 10, 2025.

• Century Development Group borrowed $9.6 million from Israel Discount Bank for 144-36 Northern Boulevard on December 10, 2025.

• Century Development Group borrowed $50 million from Ponce Bank for None on October 06, 2025.

• Century Development Group borrowed $45 million from BridgeCity Capital for 45-40 21 Street on August 08, 2025.

• Century Development Group borrowed $10.1 million from iCross Capital for 45-46 21 Street on March 05, 2025.

• Century Development Group borrowed $8.8 million from Golden Bank for 135-01 35 Avenue on June 13, 2024.

• Century Development Group borrowed $5 million from Pacific National Bank for 44-79 11 Street on May 22, 2024.

Latest Stories:

• Century Development Group signs $43.4M construction loan for 116-unit project in Flushing (June 12, 2026)

• Century Development Group pays $15M to RD Management for LIC dev site (February 27, 2026)

• Century Development Group pays $16M for dev site in Flushing (February 17, 2026)

• Century Development Group signs $50M refi with Ponce for 294-unit hotel in Flushing (October 15, 2025)

• Century Development Group submits $118.9M condo plan in LIC (May 28, 2024)

• Century Development signs $29.7M refi loan with Bravo Capital for 90-unit rental in Jamaica (April 17, 2024)

• Buyer wants out of $16M Flushing deal (January 19, 2024)

• George Xu’s Century Development Group pays $6M for LIC office (October 24, 2023)

• Century Development Group signs $43M construction loan 119-unit project in LIC (June 12, 2023)

• George Xu’s Century Development files plans for 98 units in Flushing (January 09, 2023)