Jiashu Xu

33-33 Prince Street, 4th Floor, Flushing NY 11354

112-15 Northern Blvd, #2 Corona NY 11368

United Construction & Development Group NYC portfolio

Other Links:

https://unitedgroupny.com/team/chris-jia-shu-xu/

https://www.linkedin.com/company/united-construction-and-development-%E8%81%94%E5%90%88%E9%9B%86%E5%9B%A2/about/

Notes

Person Activity past 24 months:

Buyer signatory: 1 for $64.2 million

Borrower signatory: 13 for $483.1 million

Developer (new building or major alteration): 23 for 941,968 square feet

Top Ten Associated Companies:

New Era Life Insurance (5), Bank of China (5), iCross Capital (4), First Commercial Bank (3), Frank Wong (3), Preferred Bank (3), New Era Life Insurance Company (2), Ponce Bank (2), Cathay Bank (2), Maxim Capital Group (2)

Top Ten Associated People:

Bill S. Chen (5), Frank Wong (3), Steven A. Tsavaris (2), Sylvia Tseng (2), Lily Guo (2), Ching Fang Lio (1), Victor Brown (1), Christopher Gregg (1), Xinyuan Xia (1), Winston Fisher (1)

Recent activity as signatory:

• United Construction & Development Group borrowed $68 million from Ponce Bank for 131-01 39 Avenue on May 21, 2026.

• United Construction & Development Group borrowed $17.9 million from Preferred Bank for 140-28 31 Drive on April 21, 2026.

• United Construction & Development Group borrowed $50 million from iCross Capital for 42-63 23 Street on April 02, 2026.

• United Construction & Development Group borrowed $28.8 million from iCross Capital for None on February 27, 2026.

• United Construction & Development Group borrowed $12.5 million from Maspeth Federal Savings for 41-26 22 Street on December 19, 2025.

• United Construction & Development Group borrowed $50 million from Preferred Bank for 41-80 Main Street on November 18, 2025.

• Madison Realty Capital sold 41-80 Main Street for $64.2 million to United Construction & Development Group on November 18, 2025.

• United Construction & Development Group borrowed $39.5 million from New Era Life Insurance for 41-37 21 Street on November 14, 2025.

• United Construction & Development Group borrowed $40 million from iCross Capital for 42-63 23 Street on July 30, 2025.

• United Construction & Development Group and Ki Tai Yeung borrowed $22.5 million from New Era Life Insurance for 6223 6 Avenue on June 18, 2025.

Latest Stories:

• United Construction & Development signs $17.9M construction loan for 47-unit project in Flushing (May 08, 2026)

• United Construction & Development signs $50M refi with iCross for LIC dev site (April 21, 2026)

• iCross refis 71-unit United Construction development in LIC with $28.8M loan (March 12, 2026)

• United Construction & Development pays $64.2M to Madison Realty for office, retail in Flushing (December 10, 2025)

• United Construction & Development signs $39.5M refi with New Era Life for LIC dev site (December 05, 2025)

• United Construction & Development signs $40M refi with iCross for LIC dev site (August 20, 2025)

• United Construction & Development files plans for 387-unit project in LIC (August 14, 2025)

• United Construction & Development files plans for more than 600 units in two-tower Rego Park project (August 08, 2025)

• United Construction signs $22.5M refi with New Era for dev site in Sunset Park (July 25, 2025)

• United Construction & Dev. signs $40M refi with New Era in Rego Park, 5th deal for parties (June 25, 2025)

Court Records:

Properties: