Sunny Chiu

Vice Chairman

F&T Group

37-12 Prince Street, Flushing, New York 11354

F&T Group NYC portfolio

$483.2 million -condo 81%, industrial 13%, specialty 4%; Queens 99%*

455th largest portfolio by dollar value

1,056,037 sqft – condo 88%, industrial 11%; Queens 100%

465th largest by SF

10 properties – Queens 100%

1003th largest

151 residential units – Queens 100%

1399th largest by residential units

7 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 3 for $20 million

Top Ten Associated People:

Sunny Chiu (1), Jennifer R. Lewin (1), Adam Scotto (1), Eric Chan (1), Megumi Brod (1)

Recent activity as signatory:

F&T Group borrowed $20 million from Maxim Capital Group for 35-32 College Point Boulevard on October 28, 2025.

Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $25 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 37-02 College Point Boulevard, when owned by F&T Group.

Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $137 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 133-36 37th Avenue, 133-36 37th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 37-12 Prince Street, and others, Flushing, Queens, when owned by F&T Group.

Rockefeller Group Development sold 136-35 39 Avenue for $32.8 million to F&T Group on June 01, 2023.

F&T Group borrowed $57.1 million from JPMorgan Chase and Barclays for 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, and others, Flushing, Queens on May 05, 2023.

F&T Group borrowed $14.2 million from Shanghai Commercial Bank for 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, and others, Flushing, Queens on September 19, 2022.

F&T Group borrowed $14.6 million from Shanghai Commercial Bank for 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, and others, Flushing, Queens on December 22, 2021.

F&T Group sold 133-36 37th Avenue and 133-36 37th Avenue, Flushing, Queens for $32.4 million to F&T Group on December 24, 2020.

Sunny Chiu filed plans for new building for 77,228 sqft in Flushing, Queens, on June 27, 2016.

Sunny Chiu filed plans for new building for 281,894 sqft in Flushing, Queens, on May 06, 2015.

Latest Stories:

• Cirrus files pre-foreclosures on $187M debt at F&T’s Flushing holdings (November 21, 2025)

• Cirrus Real Estate buys $25M note secured by F&T parking lot in Flushing (November 06, 2025)

• F&T Group pays $32.8M to partners for Flushing Commons dev site (June 13, 2023)

• Kevin Tin pays $2.9M to F&T Group for office condo in Flushing (June 06, 2023)

• F&T Group signs $57.1M refi for 17 commercial condos in Flushing, down from $75M (May 22, 2023)

• F&T Group signs $14.2M condo inventory loan for 10 unsold units in Flushing (October 12, 2022)

• Shanghai Construction Group acquires stake from partner F&T Group valued at $36M for hotel in Flushing (February 02, 2022)

• F&T Group borrows $138M from Shanghai Commercial Bank for a construction project in Flushing (November 01, 2019)

• F&T Group borrows $25M from Shanghai Commercial Bank for parking lot in Flushing (October 01, 2019)

• F&T Group obtained financing of $163M from Shanghai Commercial Bank (July 25, 2019)

Court Records:

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