Raymond Francis

Person Activity past 24 months:

Lender signatory: 7 for $90.1 million

Top Ten Associated Companies:

Atlantis Development (2), Artan Prelaj (2), Paulin Lumaj (2), Durgaj Properties (2), Balfin Group (2), Stefano Scarogni (2), Chaim Wiesenfeld (2), Luke Gjushi (1), Altin Gjushi (1), Aleksander Haxhari (1)

Top Ten Associated People:

Artan Prelaj (2), Paulin Lumaj (2), Paulin Durgaj (2), Stefano Scarogni (2), Chaim Wiesenfeld (2), Kel Lumaj (1), Luke Gjushi (1), Altin Gjushi (1), Aleksander Haxhari (1), Manjit Kaur (1)

Recent activity as signatory:

• Michael Gjushi and Arjan Gjushi borrowed $13 million from Wells Fargo for 2043 Webster Avenue on July 13, 2026.

• Durgaj Properties and Balfin Group borrowed $15.5 million from Wells Fargo for 599 Tinton Avenue on May 28, 2026.

• Artan Prelaj borrowed $4.3 million from NorthEast Community Bank for 4121 3 Avenue on May 28, 2026.

• Aleksander Haxhari borrowed $11.1 million from NorthEast Community Bank for None on May 27, 2026.

• Egris Haxhari borrowed $7 million from JPMorgan Chase for 1119 Boston Road on May 21, 2026.

• Arben Kuka borrowed $5.7 million from Self Reliance New York Federal Credit Union for 208 East Mosholu Parkway South on April 14, 2026.

• Durgaj Properties and Balfin Group borrowed $3.8 million from NorthEast Community Bank for 2504 Cambreleng Avenue on April 14, 2026.

• Vilson Lumaj borrowed $32 million from Wells Fargo for 3556 Holland Avenue on April 09, 2026.

• Franco Sukaj borrowed $9 million from Wells Fargo for 2164 Hughes Avenue on March 25, 2026.

• Atlantis Development borrowed $22.8 million from NorthEast Community Bank for 1916 Longfellow Avenue on March 24, 2026.

Latest Stories:

• Michael Gjushi, Arjan Gjushi obtain $13M refi from Wells Fargo for 44-unit rental in Fordham Heights (July 31, 2026)

• Artan Prelaj pays $7.2M for 99-unit dev site in Tremont (June 15, 2026)

• Durgaj, Balfin sign $15.5M refi with Wells Fargo for new 51-unit rental in Longwood (June 10, 2026)

• Aleksander Haxhari signs $11.1M construction loan for 53-unit project in Allerton (June 04, 2026)

• Durgaj Properties, Balfin Group pay $22.5M for Belmont dev site with 370 units planned (April 23, 2026)

• Genc Lakaj signs $12.2M refi with Wells Fargo for 41-unit rental in Soundview (February 20, 2026)

• Bridge Asset Management files plans for 190 units in Belmont, first of 370 expected on site (February 13, 2026)

• Arjan Gjushi signs $38M refi for new 160-unit rental in Morris Heights (January 16, 2026)

• MZS Realty signs $9.8M refi loan with Protective Life for 33-unit rental in East Morrisania (December 12, 2025)

• VAJA Group signs $31.5M refi with Amalgamated for 93-unit rental in Fordham Heights (October 08, 2025)