Charles Shafer

Safra National Bank

(J. Safra Real Estate, Safra National Bank of New York)

Lender

550 5th Ave New York, NY 10036-5007

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Safra National Bank NYC portfolio

$55.4 million -mixed-use 72%, office 27%; Manhattan 99%*

2133th largest portfolio by dollar value

26,200 sqft – office 60%, mixed-use 39%; Manhattan 100%

4517th largest by SF

3 properties – Manhattan 100%

2812th largest

Person Activity past 24 months:

Lender signatory: 6 for $136.2 million

Top Ten Associated Companies:

SMA Equities (2), HH Equities (1), EMS Capital (1), Rex Properties (1), Joyland Management (1), Centurion Realty (1), Jan Soleimani (1), Marvin Kagan (1)

Top Ten Associated People:

Sassan Mahfar (2), Ariel Akkad (1), Edmond M. Safra (1), Sina Mahfar (1), Simin Mahfar (1), Francis Moezina (1), Joel Wertzberger (1), Ralph Tawil (1), Jan Soleimani (1), Marvin Kagan (1)

Recent activity as signatory:

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

• 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.

• Jan Soleimani and Marvin Kagan borrowed $24 million from Safra National Bank of New York for 280 5 Avenue on April 29, 2025.

• SMA Equities borrowed $31.2 million from Safra National Bank for 1224 Lexington Avenue on December 20, 2024.

• SMA Equities borrowed $28.9 million from Safra National Bank for 254 Broome Street on December 06, 2024.

• Robert Gilardian borrowed $82 million from Bridgecity Capital for 534 3 Avenue on August 16, 2024.

• EMS Capital borrowed $8.8 million from Safra National Bank for 40 East 61st Street, Lenox Hill, Manhattan on August 09, 2024.

• SMA Equities and David Moussazadeh borrowed $62 million from Bank OZK for East houston street on February 28, 2024.

• Rex Properties borrowed $6.1 million from Safra National Bank for 83 Franklin Street on February 06, 2024.

Latest Stories:

• 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)

• Rug merchant Jan Soleimani leads $62M recap of NoMad office (May 12, 2025)

• SMA Equities signs $31.2M refi with Safra National Bank for five properties in Manhattan (January 27, 2025)

• Watermark as tenant signs $10.6M ground lease with Joyland for conversions in Gramercy (January 17, 2025)

• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)

• Borough Developers files plans for 96 units at Beth Israel buildings in Gramercy (December 30, 2024)

• Gilar Realty, Ranco Capital sign $87M construction loan with BridgeCity for 155-unit project in Murray Hill (September 12, 2024)

• Edmond Safra’s EMS Capital pays $9.1M for retail in Lenox Hill (August 14, 2024)

• HH Equities signs $13.8M refi loan with Safra National Bank for office in NoMad (October 18, 2023)

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