Jason Ducret

1120 Avenue of the Americas New York, NY 10036

Person Activity past 24 months:

Lender signatory: 1 for $57 million

Top Ten Associated Companies:

Ashkenazy Acquisition (1)

Top Ten Associated People:

Ben Ashkenazy (1)

Recent activity as signatory:

• United Construction & Development Group borrowed $25 million from New Era Life Insurance Company for 131-01 Roosevelt Avenue, Flushing, Queens on December 26, 2024.

• Hampshire Properties borrowed $24 million from MF1 Capital for 2339 Nostrand Avenue, Flatlands, Brooklyn on August 20, 2024.

• Sabah Shemel, David Shemel and Danny Mashal borrowed $29 million from JPMorgan Chase for 232 7th Avenue, Chelsea, Manhattan on August 06, 2024.

• Ashkenazy Acquisition borrowed $57 million from Bank Hapoalim for 92-59 59th Avenue, Elmhurst, Queens on July 12, 2024.

Latest Stories:

• United Construction & Development signs $25M refi with New Era Life for dev site in Flushing (December 27, 2024)

• Hampshire Properties signs $24M refi for new 59-unit building in Flatlands (August 21, 2024)

• Sabah Shemel, David Shemel, Danny Mashal obtain $29M refi in Chelsea (August 07, 2024)

• Ashkenazy Acquisition ups debt to $57M from $31M at Queens Center Mall (July 15, 2024)

• Ashkenazy Acquisition picks up former J.C. Penney store for $40.5M (January 05, 2022)

• Hampshire Properties signs $20M construction loan with Bank Hapoalim for development in East Flatbush (August 23, 2021)

• United Construction and Development Group’s Chris Jiashu Xu borrows $25M from Bank Hapoalim for property in Flushing (May 14, 2020)