Safra National Bank

550 5th Ave New York, NY 10036-5007

safra.com

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Safra National Bank NYC portfolio

Company Activity past 24 months:

Buyer company: 1 for $40 million

Seller company: 3 for $70.2 million

Borrower company: 1 for $14.3 million

Lender company: 9 for $265.9 million

Top Ten Associated Companies:

Michael Ostad (1), Edward Ostad (1), Alo Yoga (1), J. Safra Sarasin (1), Mehrdad Kahan (1), Said Makhany (1)

Top Ten Associated People:

Michael Ostad (1), Ju Hwan Oh (1), Mathieu Beaumont (1), Michel Priester (1), Michael Kahan (1), Saied Makhany (1)

Recent activity as company:

• Longchamp sold None for $40 million to J. Safra Real Estate on March 19, 2026.

• Joyland Management borrowed $38 million from Safra National Bank for 319 East 17 Street on March 17, 2026.

• J. Safra Real Estate sold 142 Spring Street for $43.7 million to Alo Yoga on January 15, 2026.

• J. Safra Real Estate sold 161 Prince Street for $18 million to Michael Ostad and Edward Ostad on January 13, 2026.

• J. Safra Real Estate sold 23 East 22nd Street, Flatiron District, Manhattan for $8.5 million to Mehrdad Kahan and Said Makhany on December 23, 2025.

• J. Safra Real Estate borrowed $14.3 million from J. Safra Sarasin for 181 Canal Street on November 15, 2025.

• Centurion Realty borrowed $5.3 million from Safra National Bank for 157 Wooster Street on September 30, 2025.

• Slate Property Group borrowed $28.1 million from White Oak Financial for 83 Franklin Street on September 26, 2025.

• Zar Property NY borrowed $28.7 million from Safra National Bank and Berliner & Pilson registered for 349 5 Avenue on June 13, 2025.

• Zar Property NY borrowed $77.2 million from Safra National Bank and Berliner & Pilson registered for 252 West 54 Street on June 13, 2025.

Latest Stories:

• J. Safra Real Estate pays $40M to Longchamp for Madison Ave. retail in Lenox Hill (March 23, 2026)

• Mehrdad Kahan, Said Makhany pay $8.5M to J. Safra Real Estate for retail in Flatiron District (January 29, 2026)

• SMA Equities files demos in Yorkville, plans 86-unit tower on site owned nearly 20 years (January 26, 2026)

• J. Safra Real Estate sells office, retail building in SoHo for $43.7M (January 23, 2026)

• Michael Ostad pays $18M to J. Safra Real Estate for two walkups in SoHo (January 22, 2026)

• J. Safra Real Estate signs $14.3M refi with related firm for two office properties in Chinatown (December 18, 2025)

• Slate signs $28.1M acquisition loan with White Oak for 11-unit rental in Tribeca (October 08, 2025)

• Slate Property Group pays $30M for 11-unit rental in Tribeca (October 07, 2025)

• Zar Property NY signs $77.2M refi, lenders are Safra National Bank, private lender, for office in Midtown West (July 16, 2025)

• $11.4M pre-foreclosure filed at Little Italy office building (June 10, 2025)

Properties: