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Kew Forest School Secures $10 Million Refinance Loan From Titan Capital In Queens

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FINANCED
$10,000,000

New York

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School42,000 SF
Financed 12/17/2025
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FINANCED

Kew Forest School Secures $10 Million Refinance Loan From Titan Capital In Queens

119 17 Union Turnpike

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School42,000 SF
Financed 12/17/2025
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Summary

NEW YORK
Asset Type:School
Price Per Square Foot:$238
Total Square Footage:42,000 SF
Transaction Type:Loan

The asset involved in this transaction is a private school located at 119-17 Union Turnpike in Queens, with a total square footage of 42,000. The transaction features a refinance loan amount of $10,000,000, structured to provide financial support for ongoing operations and strategic repositioning of the school.

Summary of transation details:

  • Property Type: Private School
  • Transaction Amount: $10,000,000
  • Loan Type: Refinance
  • Loan Terms: 18 Months
  • Lender: David Saferstein, Matthew Job, Ira Saferstein & Zach Waldman - Titan Capital
  • Landlord: The Kew Forest School

The financial arrangement was originated and structured by Matthew Job, Ira Saferstein, David Saferstein, and Zach Waldman, highlighting key roles within Titan Capital. This transaction emphasizes the firm's expertise in providing critical working capital solutions to educational institutions.

Players

LENDER

8 deals$50.8M volume
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Details

FINANCED
IMAGE: David Saferstein, Zach Waldman, Matthew Job & Ira Saferstein DATE: 12/18/2025 ADDRESS: 119-17 Union Turnpike MARKET: Queens ASSET TYPE: Private School ~ SF: 42,000 LENDER: David Saferstein, Matthew Job, Ira Saferstein & Zach Waldman - Titan Capital LANDLORD: The Kew Forest School LOAN AMOUNT: $10,000,000 LOAN TYPE: Refinance LOAN TERMS: 18 Months NOTE FROM LENDER: Originated and structured by Matthew Job, Ira Saferstein, David Saferstein, and Zach Waldman of Titan Capital, this $10,000,000 financing provided the school with critical working capital to support ongoing operations and facilitate the strategic repositioning of the school. Contact us at [email protected] or (212) 888-0004 to discuss your next deal.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$10,000,000.00

Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00