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S3 Capital Provides $9,000,000 Construction Loan To KSR Development For Upper West Side Multifamily

Property Image
FINANCED
$9,000,000
Robert Schwartz
Ceasar Salama
Shawn Safdie

New York

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MultiFamily
Financed 05/13/2026
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Property Image
FINANCED

S3 Capital Provides $9,000,000 Construction Loan To KSR Development For Upper West Side Multifamily

MultiFamily
Financed 05/13/2026
Robert Schwartz
Ceasar Salama
Shawn Safdie
the dealplayerscompscontact
Contact now

Summary

Asset Type:MultiFamily
Transaction Type:Loan

The property involved in this transaction is situated in the Upper West Side of Manhattan, categorized as a multifamily asset. The transaction includes a loan amount of $9,000,000, designated for construction purposes.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,000,000
  • Lender: Robert Schwartz & Shawn Safdie - S3 Capital
  • Landlord: Ceasar Salama & Greg Dweck - KSR Development
  • Loan Type: Construction
  • Date of Transaction: 5/14/2026
  • Market: Upper West Side, Manhattan

Robert Schwartz and Shawn Safdie represent S3 Capital, a key lender focusing on multifamily transactions and loan opportunities exceeding $1 million. The landlords, Ceasar Salama and Greg Dweck, are affiliated with KSR Development.

Players

Shawn Safdie
S3 Capital
Shawn Safdie
82 deals$1.9B volume
LENDER
Ceasar Salama
Ceasar Salama
32 deals$383.1M volume
LANDLORD

Details

FINANCED
IMAGE: Ceasar Salama, Shawn Safdie & Greg Dweck DATE: 5/14/2026 MARKET: Upper West Side, Manhattan ASSET TYPE: Multifamily LENDER: Robert Schwartz & Shawn Safdie - S3 Capital (@S3Capital) LANDLORD: Ceasar Salama (@C_Salama) & Greg Dweck (@GDweck) - KSR Development (@KSR_Development) (@Kassin_Sabbagh_Realty) LOAN AMOUNT: $9,000,000 LOAN TYPE: Construction NOTE FROM LENDER: S3 Capital is a leading capital provider actively financing multifamily transactions across markets from New York to Texas, with a focus on loan opportunities exceeding $1 million. Please reach out to Shawn at [email protected] with any loan inquiries.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,000,000.00

Monthly NOI$60,000.00
Monthly Debt Service$56,886.12
Change in Cash Flow$0.00
Refinance Proceeds$0.00