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NewBank

NewBank

Lender

Member since October 2023

Matthew kang
SC
Website
Website

$290M

Volume

$40M

Sold

$179M

Financed

5

Closed

788K sf

Area
AI SummaryBeta

NewBank is a lender with a volume of $290M and has closed 4 deals recently. Notable transactions include providing a $8.8M refinance loan for an office building in Brooklyn and securing a $5.6M refinance for two office properties in Queens.

AI-generated from Traded deal data. May contain errors.

About

NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates six (6) full services retail branch locations, three (3) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us.

Top Deals

FINANCED
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NewBank Provides $8.8 Million Refinance Loan For Office Building In Brooklyn
New York | Office | PPSF: $220
Ben Daniels
Scott Kummings
Matthew kang
+ 3
09/24/2026
FINANCED
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Good Fortune Realty Of New York Refinances $7.6M Loan For Commercial Condo In Flushing
New York | Condo
07/31/2024
FINANCED
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Jose R. Medina Secures $6.8 Million Refinance Loan From NewBank For Mixed-Use Building In Bronx
New York | Mixed-use | PPSF: $134
06/20/2024
FINANCED
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Bayside Ram Realty Secures $5.6M Refinance Loan For Two Office Properties In Queens
New York | Office | PPSF: $195
10/25/2023
FINANCED
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Jaspal Singh Minhas Secures $2,310,000 Loan For Retail Acquisition At 18-84 Flushing Avenue
New York | Retail | PPSF: $1560
Yuvraj Chopra
Ravinder (Ravi) Chopra
Kuwar Chopra
04/06/2026

Focus

Office

Loan

Markets

Headquarters

146-01 Northern Blvd Flushing NY 11354

On the web

Website

FAQs

NewBank has financed 6 deals.

NewBank's most recent deal was on September 24, 2026.

NewBank's largest deals include a loan of $8,800,000.00 for 497 Carroll Street.
Member since: October 2023

Deals

FINANCED

NewBank Provides $8.8 Million Refinance Loan For Office Building In Brooklyn

$220/SF

CRE
Ben Daniels
Scott Kummings
Matthew kang
Sep 24, 2026
FINANCED

Jaspal Singh Minhas Secures $2,310,000 Loan For Retail Acquisition At 18-84 Flushing Avenue

$1,560/SF

18-84 Flushing Avenue, Ridgewood, NY

NYCRE
Yuvraj Chopra
Ravinder (Ravi) Chopra
Kuwar Chopra
Apr 5, 2026
FINANCED

Good Fortune Realty Of New York Refinances $7.6M Loan For Commercial Condo In Flushing

42-76 Main Street, Flushing, NY

NYCRE
Jul 31, 2024
FINANCED

Jose R. Medina Secures $6.8 Million Refinance Loan From NewBank For Mixed-Use Building In Bronx

$134/SF

250 Willis Avenue, Bronx, NY

NYCRE
Jun 20, 2024