THE CONDO BOOK PROJECT

Bbcn Bank

Named as the sponsor's construction lender in 4 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

Bbcn Bank's 4 buildings in these plans are spread across Manhattan (2), Brooklyn (2), 50% rehab, typically 4–94 units, offered at an average $2.5M per unit. Check size: $5.3M typical (the median of 4 loans whose size the plan states or ACRIS records), from $4.3M to $7.5M.

Buildings
4
Residential units
106
Typical check
$5.3M
Years
2014–2016
ManhattanBrooklynQueensBronxStaten Island 196 Orchard Street Condominium, 196 Orchard Street120 West 118 Street Condominium, 120 West 118 Street541 Leonard Street Condominium, 541 Leonard Street432 10th Street Condominium, 432 10th Street

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Recent Growth

Bbcn Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

No buildings accepted since 2021. 0% of all 4 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: 196 Orchard Street Condominium, accepted May 16, 2016.

Strongest Relationships

No other firm is named with Bbcn Bank on more than one building yet.

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
196 Orchard Street Condominium196 Orchard Street · Manhattan · new constructionSponsor: Mb-Reec Houston Property Owner LLC · Recorded in ACRIS ↗201694$7.5M*
120 West 118 Street Condominium120 West 118 Street · Manhattan · rehabSponsor: 120 W 118 St LLC · Recorded in ACRIS ↗20165$4.3M*
541 Leonard Street Condominium541 Leonard Street · Brooklyn · conversionSponsor: Leonard Sny LLC · Recorded in ACRIS ↗20153$4.8M*
432 10th Street Condominium432 10th Street · Brooklyn · rehabSponsor: Erp Tenth St LLC · Recorded in ACRIS ↗20144$5.8M*

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.