Vanessa Siew
Senior Vice President
Cathay Bank
Cathay Bank NYC portfolio
$11.9 million -office 73%, condo 26%; Manhattan 73%, Queens 26%*
4446th largest portfolio by dollar value
22,482 sqft – office 73%, condo 26%; Manhattan 73%, Queens 26%
4762th largest by SF
2 properties – Queens 75%, Manhattan 25%
4251th largest
9 foreclosures, 2 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 12 for $194.8 million
Top Ten Associated Companies:
Chun Yee Yung (3), Hiuian Cheng (2), Siu Ki Cheng (2), Bun Bun Cheng (2), Frank Ng (2), Shaomei Xu (1), Jade Century Properties (1), Shuhua Wu (1), Daniel S. Chen (1), Xiu Chen (1)
Top Ten Associated People:
Chun Yee Yung (3), Hiuian Cheng (2), Siu Ki Cheng (2), Bun Bun Cheng (2), Frank Ng (2), Shaomei Xu (1), Shuhua Wu (1), Daniel S. Chen (1), Xiu Chen (1), Tiancheng Lu (1)
Recent activity as signatory:
• Victor Peng and Yi Hua Chen borrowed $32 million from Cathay Bank for 133-16 35 Avenue on March 17, 2026.
• Shaomei Xu borrowed $5.4 million from Cathay Bank for None on February 13, 2026.
• Jade Century Properties borrowed $10 million from Cathay Bank for 445 East 88 Street on February 09, 2026.
• Yi Jian Lin borrowed $8.5 million from Cathay Bank for 108-30 Dunkirk Street on June 27, 2025.
• Chun Yee Yung borrowed $17 million from Cathay Bank for 209 West 28 Street on June 26, 2025.
• Chun Yee Yung borrowed $10.5 million from Cathay Bank for 33 2 Avenue on June 26, 2025.
• Chun Yee Yung borrowed $5.5 million from Cathay Bank for 840 Avenue Of The Americas on June 26, 2025.
• Frank Ng borrowed $65 million from Cathay Bank for 134 West 28 Street on June 23, 2025.
• Frank Ng borrowed $5 million from Cathay Bank for 138 West 28 Street on June 23, 2025.
• Siulun Alex Sze borrowed $2.6 million from Cathay Bank for 313 Bleecker Street on May 28, 2025.
Latest Stories:
• Shaomei Xu pays $9M for adult care facility in Flushing (February 26, 2026)
• Chun Yee Yung signs $5.5M refi for office building in NoMad (August 06, 2025)
• Chun Yee Yung signs $17M refi with Cathay Bank for office in Chelsea (July 24, 2025)
• Frank Ng signs $65M refi with Cathay Bank for hotel in Chelsea (July 01, 2025)
• Cheng family signs $27.5M refi loan with Cathay Bank for hotel in Chelsea (May 16, 2025)
• Yi Jian Lin pays $7.29M for industrial in Jamaica (June 12, 2024)
• Victor Peng pays $3.1M to Robert Mannheimer in Flushing, part of $51M sale (March 28, 2023)
