For Elmira Shopping Center, $4.92 Million Loan Helping Support Improvements

ELMIRA, NY (Oct. 26, 2026) – A $4.92 million commercial real estate loan from Kearny Bank to Big Flats Holdings LLC will help support improvements to a 44,590-square-foot shopping center on Big Flats Road in Elmira, NY. Shadow anchored by a Target location, the retail property features a roster of inline tenants that includes five national retailers. The center is a prominent destination for local consumers and helps draw traffic to surrounding businesses.

Originated through Kearny Bank First Vice President Ken Stevenson, the loan is being partially reinvested in Big Flats Holdings LLC properties, supporting continued upgrades and helping sustain the value of these real estate assets.

“This loan directly benefits Elmira by increasing the stability of a popular retail location,” Stevenson explains. “It’s an important location. Consumers rely on it for shopping and dining, while surrounding businesses rely on the retail traffic it attracts.”

In recent years, Kearny Bank has provided more than $500 million in financing for commercial real estate projects across New Jersey, New York, Connecticut, Delaware, Maryland, Pennsylvania, and Virginia.

About Kearny Bank

Combining the finest traditions of community banking with the industry’s latest, most effective financial products and services, Kearny Bank provides business and personal clients with the tools for success. Established back in 1884, and now operating from corporate offices in Fairfield, NJ, Kearny Bank’s footprint covers most of New Jersey, along with Brooklyn and Staten Island. Additional information is available at kearnybank.com or by visiting Kearny Bank’s social media channels: Facebook, Instagram, X, LinkedIn and YouTube.