Moshe Braver Secures $155 Million Refinance Loan From Arbor Realty Trust For Development Site In Jamaica Queens

The transaction involves a development site located at 147-35 95th Avenue in Jamaica, Queens. The site encompasses 488,327 square feet and is associated with a refinance loan amounting to $155,000,000. The property is intended for a residential project featuring 521 units.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $155,000,000
• Asset Size: 488,327 BSF
• Lender: Ivan Kaufman - Arbor Realty Trust 
• Landlord: Moshe Braver
• Loan Type: Refinance

This refinance loan was secured by Moshe Braver’s Sutphin Boulevard Equities LLC from Arbor Realty Trust, indicating a significant financial engagement for the development project at the specified location.