Simon Yaghoubi

55 Northern Boulevard, Suite 202. Great Neck, NY 11021

Vernon Capital Funding

Person Activity past 24 months:

Lender signatory: 2 for $30.9 million

Top Ten Associated Companies:

Sandhu Group (2), Joseph Heimann (1)

Top Ten Associated People:

Jaspinder Sandhu (1), Joseph Heimann (1), Tejpal Sandhu (1)

Recent activity as signatory:

• Joel Schwartz borrowed $6.4 million from Parke Bank for 31 Spencer Street and 31 Spencer Street, Bedford Stuyvesant, Brooklyn on November 28, 2025.

• Joseph Heimann borrowed $24.6 million from Skybrook Capital and Tideway Capital Group for 490 Dekalb Avenue on August 29, 2025.

• Joel Schwartz borrowed $41.5 million from Popular Bank for 2753 Atlantic Avenue on May 22, 2025.

• Joel Brach borrowed $38.5 million from Popular Bank for 449 East 166 Street on April 07, 2025.

• Sandhu Group borrowed $6.2 million from Tideway Capital Group for 156 Bay 29th Street, 162 Bay 29th Street, 158 Bay 29th Street, and 160 Bay 29th Street, Bath Beach, Brooklyn on March 27, 2025.

• Zev Lefkowitz and Israel Weinberger borrowed $9.1 million from Spencer Savings Bank for 689 East 223 Street on March 12, 2025.

• Shimshon Grunstein borrowed $5.8 million from IceCap Group for 731 East 213 Street on November 07, 2024.

• Yoel Brody and Joel Biner borrowed $7.3 million from Arion Fund and Git Funding for 633 East 230 Street on September 27, 2024.

• Aron Stark borrowed $9.9 million from Starwood Mortgage Capital for 1050 University Avenue on July 10, 2024.

• Sandhu Group borrowed $18.5 million from Hanmi Bank for 4477 3 Avenue on June 27, 2024.

Latest Stories:

• Parkview files $92M pre-foreclosure action at Baruch Singer’s Midwood commercial project (April 01, 2026)

• Joseph Heimann signs $31.5M refi with three lenders for office in Bed Stuy (September 11, 2025)

• Joel Schwartz signs $41.5M construction loan with Popular Bank for 150 units in Cypress Hills (June 11, 2025)

• Blackstone files $31.5M pre-foreclosure at Bed-Stuy commercial (February 21, 2025)

• Shimshon Grunstein gets $5.8M refi with IceCap Group for 20-unit in Williamsbridge (December 16, 2024)

• Brody, Biner sign $7.3M refi for 25-unit rental in Wakefield (October 23, 2024)

• Joel Brach of Buildhouser paid $9.5M for Morrisania dev site (August 15, 2024)

• Joel Schwartz signs $8M refi with Citibank for 10-unit rental in Williamsburg (June 11, 2024)

• Parkview Financial seeks $54M from Baruch Singer over delayed yeshiva, office in Midwood (April 18, 2024)

• Zev Mayer signs $9.9M construction loan with Broadview Capital for 18 units in Williamsbridge (March 15, 2024)