Stephan Mazzacca
Senior Vice President
Safra National Bank
(J. Safra Real Estate, Safra National Bank of New York)
Lender
550 5th Ave New York, NY 10036-5007
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: 7 for $160 million
Top Ten Associated Companies:
SMA Equities (4), HH Equities (1), Nakash Holdings (1), EMS Capital (1), Rex Properties (1), Jackson Group (1), Zar Property NY (1), Jan Soleimaini (1), Joyland Management (1), Centurion Realty (1)
Top Ten Associated People:
Sassan Mahfar (4), Sina Mahfar (2), Ariel Akkad (1), Joseph Nakash (1), Edmond M. Safra (1), Simin Mahfar (1), Francis Moezina (1), Gabriel Chehebar (1), Esshagh Dario Zar (1), Jonathan Soleimani (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 and Jan Soleimaini borrowed $23.7 million from Safra National Bank and Jan Soleimani for 33 West 30 Street on December 26, 2024.
• 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.
• EMS Capital borrowed $8.8 million from Safra National Bank for 40 East 61st Street, Lenox Hill, Manhattan on August 09, 2024.
• Rex Properties borrowed $6.1 million from Safra National Bank for 83 Franklin Street on February 06, 2024.
• HH Equities borrowed $13.8 million from Safra National Bank for 246 5 Avenue on October 04, 2023.
Latest Stories:
• 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)
• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)
• Edmond Safra’s EMS Capital pays $9.1M for retail in Lenox Hill (August 14, 2024)
• SMA Equities signs $70.6M refi for newly built 108-unit rental in Gramercy (January 19, 2024)