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Preferred Bank

Preferred Bank

$510M

Volume

$42M

Sold

$468M

Financed

19

Closed

532K

Area

Property Image
FINANCED
LENDER
Amy Kit-Ming Mak Of Fook Funeral Group Closes $27.5M Construction Loan With Preferred Bank In Flushing
Dev Site
AM
Property Image
FINANCED
LENDER
United Construction & Development Group Secures $17.9M Loan From Preferred Bank For Flushing Project
Dev Site$877 PPSF20.4K sqf
CX
Property Image
FINANCED
LENDER
Chris (Jia Shu) Xu Secures $18.5M Construction Loan For Development Site In Flushing, Queens
Dev Site
CX
Property Image
SOLD
SELLER
Golden Management Acquires Tesoro Apartment Homes From Li Yu Of Preferred Bank For $41.5M
MultiFamily
Daniel Kaykov Of Poise Property Group Secures $22.1 Million Construction Loan From Preferred Bank
Dev Site
Daniel Kaykov
Lek Fang Secures $8.16 Million Refinance Loan From Preferred Bank For Mixed-Use Property In Brooklyn
Mixed-use$165 PPSF49.3K sqf
Isaac Blyakher
Michael And Sammy Hakimian Landlord Secures $15M Refinance Loan From Preferred Bank In Riverhead
Retail$131 PPSF113.8K sqf
Michael Hakimian
SH
+ 1
Balbir Sandhu & Surjeet Kaur Secure $11.8M Refinance Loan For Astoria Hotel From Preferred Bank
Hotel$1.8K PPSF6.5K sqf
Yuvraj Chopra
Ravinder (Ravi) Chopra
+ 1
Preferred Bank Provides $13 Million Construction Loan For Industrial Asset In Somerset NJ
Industrial$173 PPSF74.8K sqf
Frank Stanislaski
Brad Domenico
Preferred Bank Provides $4.93 Million Refinance Loan For 700 10th Avenue In Hell's Kitchen
Mixed-use$635 PPSF7.8K sqf
Jason Au
Charles Han
Preferred Bank Provides $3.125M Refinance Loan For Mixed-Use Property In Hell's Kitchen
Mixed-use$395 PPSF7.9K sqf
Jason Au
Charles Han
Elizabeth McDonald's LLC Secures $7.2M Construction Loan In Carroll Gardens, Brooklyn
Retail

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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ZD Jasper Realty Secures $103M Construction Loan From Preferred Bank For Hudson Yards Development Sites
New York | Development Site
JW
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
Omar Ferreira
Morris Betesh
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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Preferred Bank Provides $48.2M Loan For Multifamily Building In Long Island City
New York | MultiFamily | PPSF: $38584
Omar Ferreira
Morris Betesh
TV
05/18/2020
SOLD
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Golden Management Acquires Tesoro Apartment Homes From Li Yu Of Preferred Bank For $41.5M
California | MultiFamily
01/22/2026

Focus

Loan

Markets

New York

On the web

Website

LinkedIn

FAQs

Preferred Bank has financed 19 deals.

Preferred Bank's most recent deal was on January 22, 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.
Member since: December 2022