Preferred Bank

Lender

Member since December 2022

Website

$25B

Volume

$2B

Sold

$23B

Financed

Closed

57M sf

Area

AI SummaryBeta

Preferred Bank is a lender with a volume of $25B and has closed 21 deals. Recent transactions include a $50.6 million construction loan for New Horizons Development and a $29 million refinancing for McSam Hotel Group.

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

About

Preferred Bank is one of the larger independent commercial banks in California with a niche in the Chinese-American Market. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. We conduct our banking business from our main office in Los Angeles, California, and through eleven full-service branch banking offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, two in San Francisco and one in Flushing, NY. We offer a broad range of deposit and loan products and services to both commercial and consumer customers. These consist of customized deposit services and an integrated cash management program as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese... Read More

Top Deals

FINANCED

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Xiang Yu Cao Secures $8,360,000 Refinance Loan From Preferred Bank For Mixed-use Property

Illinois

+ 1

03/26/2026

FINANCED

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ZD Jasper Realty Secures $103M Construction Loan From Preferred Bank For Hudson Yards Development Sites

New York | Development Site

09/01/2023

FINANCED

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ZD Jasper & Ascent Development Secures $100M Loan For Multifamily Project In Long Island City

New York | MultiFamily | PPSF: $80000

05/18/2021

FINANCED

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W&L Group Secures $58.5M Construction Loan For Development Site In Chinatown

New York | Development Site | PPSF: $1000

05/11/2022

FINANCED

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New Horizons Development Secures $50.6 Million Construction Loan From Preferred Bank For Development Site

California | Development Site | PPSF: $1292

08/07/2026

Focus

Mixed-use

Loan

Markets

Headquarters

Los Angeles, CA

On the web

Website

FAQs

Preferred Bank has financed 22 deals.

Preferred Bank's most recent deal was on August 07, 2026.

Preferred Bank's largest deals include a sale of $41,500,000.00 for 106 West Pennsylvania Avenue, and a loan of $103,000,000.00 for 501 9th Avenue, and a lease covering 37,000 sqft for 601 S Figueroa St, Los Angeles, CA, 9....

Member since: December 2022

Deals

FINANCED

New Horizons Development Secures $50.6 Million Construction Loan From Preferred Bank For Development Site

$1,292/SF

1870 Ogden Drive, Burlingame, CA

CACRE

Aug 7, 2026

FINANCED

Sam Chang Of McSam Hotel Group Secures $29 Million Refinancing From Preferred Bank For Office Building

$430/SF

224 West 47th Street, West, NY

NYCRE

Jul 23, 2026

SOLD

Turret Equities Led By David Dweck Acquires $19.9M Note From Preferred Bank In Lenox Hill

227 East 67th Street, New York, NY

NYCRE

Jul 11, 2026

FINANCED

Satinder Singh's Retail Property At 107-26 Rockaway Boulevard Secures $1.15M Loan From Preferred Bank

107-26 Rockaway Boulevard, Ozone Park, NY

NYCRE

Apr 28, 2026

Preferred Bank

About

Top Deals

Focus

Markets

Headquarters

On the web

FAQs

When was the last time Preferred Bank financed a deal?

What are Preferred Bank’s biggest deals?

Deals