Grand Pacific Finance
Named as the sponsor's construction lender in 2 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.
Grand Pacific Finance's 2 buildings in these plans are all in Queens, all new construction, 16.5 units at the middle, offered at an average $416K per unit. One loan's size is known: $3.2M.
- Buildings
- 2
- Residential units
- 33
- Typical check
- $3.2M
- Year
- 2005
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Recent Growth
Grand Pacific Finance'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 2 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: Cherry Manor, accepted Mar 30, 2005.
Strongest Relationships
The firms named most often on the same buildings as Grand Pacific Finance, at least 2 in common.
Sponsor's counsel
- Chu & Partners2 shared buildings · 100% of Grand Pacific Finance's · 2005
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| Cherry Manor240-14 Cherry Avenue · Queens · new constructionRecorded as Grand Pacific Finance Corp. · Sponsor: Cherry Avenue I I Corp · Recorded in ACRIS ↗ | 2005 | 12 | — |
| Cherry Tower140-37 Cherry Avneue · Queens · new constructionRecorded as Grand Pacific Finance Corp · Sponsor: Cherry Avenue Corp. · Recorded in ACRIS ↗ | 2005 | 21 | $3.2M* |
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.