New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Ariel Arranges Financing on Properties in Brooklyn, SC, MS
Ariel Property Advisors has arranged $13.1 million in financing across four properties in three states—New York, South Carolina and Mississippi.
The recent financings include:
● A $3.77-million cash-out refinance for a rent regulated multifamily property in Brooklyn. The financing was secured by an Ariel team that included Matthew Dzbanek and Matthew Swerdlow, both Senior Directors in Capital Services.
● A $2.3-million acquisition and renovation loan for a Mt. Vernon, NY, multifamily property comprised of 13 units. The financing was secured by an Ariel team that included Swerdlow and Dzbanek.
● A seven-year, $4.87-million acquisition loan for a 47,541-square-foot NNN leased Regal Movie Theater in Rock Hill, SC. The financing was secured by Ariel’s Eli Weisblum and Paul McCormick.
● A $2.175-million acquisition loan for a 27,350-square-foot office property in Pascagoula, MS. Chevron Oil anchors the property as the main tenant. Weisblum and McCormick arranged the financing.
- ◦Financing
