Lethan Ray Francis
Citizens Bank
(Citizens Private Bank, Investors Bank)
Lender
1270 6th Ave 16TH FLOOR New York, NY 10020
101 John F Kennedy Pkwy Short Hills, NJ 07078
Citizens Bank NYC portfolio
$24.7 million -mixed-use 34%, retail 33%, office 27%; Brooklyn 55%, Queens 23%, Bronx 21%*
3215th largest portfolio by dollar value
53,982 sqft – mixed-use 41%, office 31%, retail 27%; Brooklyn 57%, Bronx 21%, Queens 20%
3360th largest by SF
8 properties – Brooklyn 37%, Queens 37%, Bronx 25%
1416th largest
117 foreclosures, 0 bankruptcies, 1 other court case.
Recent activity as signatory:
• Asset Realty & Construction Group borrowed $20 million from Bankwell Bank for 3160 Villa Avenue on June 30, 2026.
• Sabet Group borrowed $5.8 million from JPMorgan Chase for 137 Prospect Park West on June 25, 2026.
• 770 Park Avenue cooperative borrowed $12 million from Bank of New York Mellon for 770 Park Avenue, Lenox Hill, Manhattan on May 26, 2026.
• ABG Equities borrowed $15.2 million from Citibank for 186 Nevins Street on April 13, 2026.
• LargaVista Companies borrowed $7 million from Hanover Community Bank for None on March 31, 2026.
• Koudis International borrowed $2.4 million from FourLeaf Federal Credit Union for 1326 Jerome Avenue on March 30, 2026.
• Shlomo Karpen borrowed $14 million from Newmark for 25 Arion Place on February 27, 2026.
• Beitel Group borrowed $33 million from Valley National Bank for None on January 28, 2026.
• Lily Fong and James Fong borrowed $3.6 million from JPMorgan Chase for 156 Mott Street on January 23, 2026.
• HF Capital borrowed $6.4 million from Alma Bank for 558 Fort Washington Avenue on November 06, 2025.
Latest Stories:
• Shlomo Karpen signs $14M refi with Newmark for two properties in Bushwick (March 13, 2026)
• Shlomo Karpen signs $20.4M refi with Newmark for 63-unit rental in Bushwick (June 12, 2025)
• Liberty One Group pays $9.5M to Acacia Network for shelter in Longwood (November 14, 2024)
• GW Equities pays $4.7M for church building in Greenpoint (August 21, 2024)
• Frank DeFalco signs $8.9M refi for 46-unit rental in Boerum Hill (February 07, 2024)
• GW Equities in contract to pay $4.7M for Greenpoint church (June 29, 2023)
• Roy Moussaieff pays $4M to Simon Blitz for development site in East Harlem (July 25, 2021)
