Mark Penna

Person Activity past 24 months:

Buyer signatory: 1 for $49.5 million

Seller signatory: 2 for $39 million

Lender signatory: 3 for $66 million

Top Ten Associated Companies:

Certes Partners (1), Joginder Sharma (1), Howard Ng (1), Chung Ng (1), Hung Kwong Leung (1), Aronov Development (1), Khaloyan Kapital (1), Balanced Living Development (1), Aulder Capital (1), Eden Ashourzadeh (1)

Top Ten Associated People:

Sunder Jambunathan (1), Joginder Sharma (1), Howard Ng (1), Kevin J. Nash (1), Boris Aronov (1), David Khaloyan (1), Eugene Khody (1), John Reid (1), Stephen S. Siminou (1), Oleksandr Nad (1)

Recent activity as signatory:

• The borrower borrowed $4.5 million from Flushing Bank for 8710 5th Avenue, Bay Ridge, Brooklyn on July 10, 2026.

• Emerald Creek Capital sold 141 Bowery for $36 million to Aronov Development on June 22, 2026.

• CRE8 Equities borrowed $5.5 million from Hanmi Bank for 180 Avenue Of The Amer, SoHo, Manhattan on May 26, 2026.

• Rybak Development borrowed $48.1 million from Derby Copeland Capital for 133 East 55 Street on May 22, 2026.

• Hung Kwong Leung sold 141 Bowery for $49.5 million to Emerald Creek Capital on May 21, 2026.

• Howard Ng and Chung Ng borrowed $6.7 million from Goldman Sachs for 270 Manhattan Avenue on April 21, 2026.

• Emerald Creek Capital sold None for $3 million to Eden Ashourzadeh and Alon Ashourzadeh on February 26, 2026.

• ZHL Group borrowed $70 million from Maxim Capital Group for None on January 30, 2026.

• DAX Real Estate borrowed $11.6 million from Trevian Capital for 260 Banker Street on January 30, 2026.

• Excel Development Group borrowed $13.7 million from Netanel Group for 339 East 33 Street on December 23, 2025.

Latest Stories:

• Aronov Development pays $36M for LES office in REO sale (June 30, 2026)

• P. Zaccaro signs $32.8M refi with Derby Copeland for properties in Nolita, Chinatown, SoHo (June 22, 2026)

• CRE8 Equities signs $5.5M refi with Citibank for retail in SoHo (June 12, 2026)

• Imperial Sterling pays $15.1M to Bluejay Management for office in Flatiron District (June 10, 2026)

• Lender Emerald Creek Capital takes title to LES office, following $32M bankruptcy (June 05, 2026)

• Rybak Development signs $48.1M refi with Derby Copeland for 31-unit condo in Midtown East (June 01, 2026)

• Franco-Italian Perrone family’s Valeray pays $43.3M to P. Zaccaro for 11-unit rental in SoHo (May 20, 2026)

• Howard Ng, Chung Ng sign $6.7M refi with Goldman Sachs for 11-unit walkup in Williamsburg (April 27, 2026)

• Emerald Creek Capital sells mixed-use REO for $3M in Prospect Heights (March 12, 2026)

• DAX Real Estate signs $11.6M refi with Trevian for industrial in Greenpoint (February 20, 2026)