Charles Shafer

Safra National Bank

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

Lender

550 5th Ave New York, NY 10036-5007

Person Activity past 24 months:

Lender signatory: 5 for $88.8 million

Top Ten Associated Companies:

SMA Equities (2), Rex Properties (1), HH Equities (1), EMS Capital (1)

Top Ten Associated People:

Sassan Mahfar (2), Francis Moezina (1), Ariel Akkad (1), Edmond M. Safra (1), Sina Mahfar (1), Simin Mahfar (1)

Recent activity as company:

SMA Equities borrowed $31.2 million from Safra National Bank for 1220 Lexington Avenue, 113 Stanton Street, 108 Delancey Street, 289 3rd Avenue, and 1209 Lexington Avenue, Carnegie Hill, Manhattan on January 24, 2025.

SMA Equities borrowed $28.9 million from Safra National Bank for 254 Broome Street, 248 Broome Street, 252 Broome Street, and 250 Broome Street, Lower East Side, Manhattan on December 09, 2024.

Robert Gilardian borrowed $82 million from Bridgecity Capital for 534 3rd Avenue, Murray Hill, Manhattan on September 10, 2024.

EMS Capital borrowed $8.8 million from Safra National Bank for 40 East 61st Street, Lenox Hill, Manhattan on August 13, 2024.

SMA Equities and David Moussazadeh borrowed $62 million from Bank OZK for 280 East Houston Street, None, Manhattan on March 15, 2024.

Rex Properties borrowed $6.1 million from Safra National Bank for 81 Franklin Street, Tribeca, Manhattan on February 09, 2024.

HH Equities borrowed $13.8 million from Safra National Bank for 246 5th Avenue, NoMad, Manhattan on October 17, 2023.

Latest Stories:

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

• 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)

• SMA Equities, partners pay $36.8M to Hirsch family for dev site in Alphabet City (October 17, 2022)

• SMA Equities signs $39M construction loan with Bank Leumi in Gramercy (July 08, 2021)

• SMA Equities buys $5M in air rights for development in Gramercy (June 10, 2020)

• SMA Equities obtained financing of $23M from CIT Bank (August 27, 2019)

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