Weihong Hu

Owner

Weihong Hu NYC portfolio

$120.6 million -hotel 96%, retail 3%; Queens 57%, Manhattan 42%*

1342th largest portfolio by dollar value

220,828 sqft – hotel 97%, retail 2%; Manhattan 56%, Queens 43%

1458th largest by SF

5 properties – Manhattan 60%, Queens 40%

1878th largest

160 residential units – Manhattan 87%, Queens 12%

1335th largest by residential units

3 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $4.1 million

Borrower signatory: 1 for $28.5 million

Developer (new building or major alteration): 2 for 0 square feet

Top Ten Associated People:

Nim Chi Lau (2), Jimmy Chu (1), Carmen Lee (1), Amy Tsang-Tong (1), Bo Chrun Hin (1), Timothy Chan (1), Jacob Aini (1)

Recent activity as signatory:

Bo Chrun Hin sold 55 West 38 Street for $4.1 million to Weihong Hu on June 05, 2024.

Weihong Hu borrowed $28.5 million from Shanghai Commercial Bank for 60 West 39 Street on June 05, 2024.

Weihong Hu borrowed $20 million from Shanghai Commercial Bank for 319 West 35 Street on April 26, 2023.

Weihong Hu borrowed $17.4 million from Shanghai Commercial Bank for 38-58 12 Street on August 08, 2022.

Weihong Hu borrowed $44 million from Shanghai Commercial Bank for 60 West 39 Street on June 08, 2022.

Mayflower Business Group borrowed $35 million from Industrial and Commercial Bank of China for 38-63 12 Street on January 06, 2022.

Mayflower Business Group borrowed $34 million from Shanghai Commercial Bank for 319 West 35 Street on December 02, 2021.

• Xiaozhuang Ge borrowed $35 million from Industrial and Commercial Bank of China for 61-27 186 Street on August 12, 2021.

Weihong Hu borrowed $22.5 million from Shanghai Commercial Bank for 60 West 39 Street on March 03, 2021.

Aini Assets sold 67 West 38 Street for $11 million to Weihong Hu on March 03, 2021.

Latest Stories:

• ICBC alleges $70M secured by two Mayflower Queens hotels in default, seeks foreclosure (August 22, 2025)

• Raizada Vaid, Jacob Aini sign $88.8M refi loan with Morgan Stanley for hotel in Garment District (August 01, 2024)

• Weihong Hu pays $4.1M for commercial in Garment District, owns hotel development on tax block (June 13, 2024)

• Weihong Hu signs $20M construction loan for 166-unit hotel project in Garment District (May 04, 2023)

• Weihong Hu signs $44M new construction loan with Shanghai Commercial for hotel in Garment District (June 30, 2022)

• Mayflower Business Group signs $35M refi loan with ICBC for hotel in LIC (January 27, 2022)

• Mayflower Business Group signs $34M refi with Shanghai Commercial for hotel in Hell’s Kitchen (December 29, 2021)

• Xiaozhuang Ge, Weihong Hu sign $35M refi loan with ICBC for 142-unit hotel in Fresh Meadows (September 22, 2021)

• Weihong Hu pays $11M for air rights, gets $22.5M refi in Garment District (April 05, 2021)

• Mayflower Management Enterprises LLC obtained financing of $6M from Royal Business Bank (August 21, 2019)

Court Records:

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Properties:

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