Sep 24, 2025

Sep 24, 2025

Arrow Closes on Refi for Chinatown Property

Arrow Closes on Refi for Chinatown Property

Arrow Real Estate Advisors closed on an $8,300,000 refinance loan on behalf of Albert Malekan for 35 E. Broadway, a 31,315-square-foot office property located in Chinatown. The financing was provided by Axos Bank and arranged by Arrow senior director Jacob Schmuckler and VP Meir Schlusslberg.

“This deal illustrates Arrow’s ability to move quickly and structure creative solutions under pressure,” said Schmuckler. “By working closely with Axos Bank, we were able to secure favorable financing for Albert Malekan and position the asset for long-term stability.”

Arrow completed the transaction under a tight payoff deadline with the client’s existing lender. Despite challenges that included lease rollover risk and the unique complexities of the Chinatown office market, Arrow closed the deal in under 60 days.

The property comprises 10 office spaces and functions as a commercial hub within Chinatown.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.