Sheng Zhang
Xin Development Group International
(Xinyuan Real Estate, Xinyuan USA, Xinyuan Real Estate Co., Xinyuan Group)
Owner
150 East 52nd Street, Floor 6, New York, NY 10022
27/F, China Central Place, Tower II, 79 Jianguo Road, Chaoyang District, Beijing, 100025, China
Xin Development Group International NYC portfolio
$318.6 million -D6 37%, condo 33%, specialty 28%; Manhattan 49%, Queens 28%, Brooklyn 21%*
684th largest portfolio by dollar value
436,691 sqft – specialty 36%, D6 32%, condo 30%; Manhattan 40%, Queens 36%, Brooklyn 22%
922th largest by SF
4 properties – Brooklyn 82%, Manhattan 12%, Queens 4%
2190th largest
121 residential units – Manhattan 67%, Brooklyn 32%
1609th largest by residential units
1 foreclosure, 5 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $50 million
Borrower signatory: 1 for $32.5 million
Top Ten Associated Companies:
BH3 Management (1), Avant Capital (1)
Top Ten Associated People:
Neil Ellner (1), Adam Luysterborghs (1)
Recent activity as signatory:
• Xin Development Group International borrowed $32.5 million from Avant Capital for 615 10th Avenue, 631 10th Avenue, 625 10th Avenue, 619 10th Avenue, and 505 West 44th Street, Hell’s Kitchen, Manhattan on December 06, 2024.
• Xin Development Group International sold 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, and others, Hell’s Kitchen, Manhattan for $50 million to BH3 Management on October 15, 2024.
Latest Stories:
• Xin Development Group places $123M Hell’s Kitchen condo in bankruptcy (January 08, 2024)
