Sylvia Tseng
Senior Vice President
Svp- Lending
Preferred Bank
Person Activity past 24 months:
Lender signatory: 17 for $248.2 million
Top Ten Associated Companies:
Ravinder Chopra (3), United Construction & Development Group (2), Surjeet Kaur (2), W&L Group (2), Harbans Singh (2), Xiang Yu Cao (2), Ping Cheung (1), ZD Jasper Realty (1), George Makkos (1), Neelan Chadha (1)
Top Ten Associated People:
Ravinder Chopra (3), Alexander Seligson (2), Jiashu Xu (2), Surjeet Kaur (2), Meng Hua Wang (2), Harbans Singh (2), Xiang Yu Cao (2), Ping Cheung (1), Zhidong Wu (1), George Makkos (1)
Recent activity as signatory:
• Slope Asset Management borrowed $4.4 million from ConnectOne Bank for 500A 5 Avenue on February 11, 2026.
• Ravinder Chopra and Yuvraj Chopra borrowed $10 million from Preferred Bank for None on January 29, 2026.
• Meng Hua Wang borrowed $17 million from CTBC Bank for 333 West 38 Street on December 23, 2025.
• United Construction & Development Group borrowed $50 million from Preferred Bank for 41-80 Main Street on November 18, 2025.
• Peng Guang Weng borrowed $13.2 million from Preferred Bank for 1174 Metropolitan Avenue on September 26, 2025.
• Gang Wing Li borrowed $7 million from Lancewood Capital for 643 5 Avenue on September 04, 2025.
• Jon Rosenblatt borrowed $8.4 million from Preferred Bank for 275 South 1st Street, 275 South 1st Street, 275 South 1st Street, 275 South 1st Street, 275 South 1st Street, and others, Williamsburg, Brooklyn on July 25, 2025.
• McSam Hotel Group borrowed $33 million from Preferred Bank for 144-08 135 Avenue on June 20, 2025.
• W&L Group borrowed $6 million from Preferred Bank for 35-08 146th Street, Flushing, Queens on May 30, 2025.
• Timothy Chuang borrowed $6.7 million from Preferred Bank for 40-34 Main Street on May 09, 2025.
Latest Stories:
• Ravinder Chopra, Yuvraj Chopra pay $14.5M for two hotels in Flushing (February 11, 2026)
• Aflalo LLC pays $31.8M to Makkos Equities for two mixed-use properties in SoHo (February 09, 2026)
• Sherajul Islam pays $10.5M for 31-unit rental in Jamaica (April 30, 2025)
• FBL Development signs $26.5M refi for 51-unit mixed-use in Kew Gardens (April 25, 2025)
• W&L Group files $129.8M condo plan at 80-unit Chinatown project (June 22, 2024)
