Athene Lends $110.9M Across Three Mortgages on Queens Parcel

An entity named EJM Airport LLC recorded three mortgages totaling $110,928,549 against a single Queens parcel, block 14260 lot 90, on October 29, according to NYC ACRIS records. All three documents are dated October 16 and name Athene Annuity and Life Company as lender. The largest tranche, CRFN 2026000308915, is $68,300,736. The second, CRFN 2026000308916, is $22,395,057. The third, CRFN 2026000308913, is $20,232,756.

Why it matters

Stacking three separate mortgage instruments on one tax lot, rather than filing a single consolidated note, is a structure lenders and borrowers use to split a loan into tranches, often for different tranche holders or servicing terms, while keeping the collateral pool identical. The borrower’s name, EJM Airport LLC, signals an airport-adjacent use for block 14260 lot 90 in Queens, a borough that hosts both JFK and LaGuardia, though the public record does not identify a specific building or operation and this desk could not independently confirm one, so none is asserted here. Athene Annuity and Life Company, an insurance-company lender, is a counterparty that typically takes large, long-duration commercial notes rather than construction bridge debt, consistent with a stabilized or income-producing asset rather than ground-up development.

The numbers

The combined total across the three tranches recorded against block 14260 lot 90 is $110,928,549. CRFN 2026000308915 is $68,300,736, CRFN 2026000308916 is $22,395,057, and CRFN 2026000308913 is $20,232,756. All three documents carry the same October 16 execution date and were recorded October 29, the same day as this report, with EJM Airport LLC as borrower and Athene Annuity and Life Company as lender on each.

What’s next

With no index number dispute and no public identification yet of the specific use on block 14260 lot 90, the next marker to watch is whether EJM Airport LLC or Athene files any related assignment, consolidation, or UCC filing tied to the same block and lot. This adds to a run of large single-lender financings moving through New York property records this fall, alongside other capital and deals coverage from this desk.