J.P. Morgan Provides $525 Million Construction Loan To Naftali Group And Access Industries

The property asset involved in this transaction is a condo located at 470 Kent Avenue in the Brooklyn market, encompassing 390,000 square feet. The loan amount for this construction is $525,000,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $525,000,000
• Lender: J.P. Morgan - Aaron Casden & Goldentree - Sam Friedland
• Landlord: Naftali Group & Access Industries
• Address: 470 Kent Avenue
• Date: 12/16/2025
• Brokers: Aaron Appel, Keith Kurland, Dustin Stolly, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Ari Hirt & Stanley Cayre - Walker & Dunlop

The deal involves key individuals including Aaron Casden and Sam Friedland representing J.P. Morgan and Goldentree respectively. Naftali Group and Access Industries are the landlords associated with this transaction, while the brokering team from Walker & Dunlop facilitated the deal, including notable figures such as Aaron Appel and Keith Kurland.