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

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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:

• Koudis International signs $2.4M refi with FourLeaf Federal for mixed-use in Mt Eden (April 15, 2026)

• Shlomo Karpen signs $14M refi with Newmark for two properties in Bushwick (March 13, 2026)

• Steven Frisch signs $28M refi with Citibank for commercial in Sunset Park owned for 27 years (August 08, 2025)

• 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)

• Asset Realty & Construction Group gets $14M construction loan from Investors Bank for property in Riverdale (February 24, 2021)

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