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Ariel Arranges $34M Acquisition Debt for UES Luxury Rentals
The Capital Services Group for Ariel Property Advisors has arranged a $33.75 million acquisition loan for Renoir House, a 105,282-square-foot, 151-unit, predominantly free-market luxury residential building at 225 E. 63rd St. on Manhattan’s Upper East Side. Aya Acquisitions acquired the doorman property for $45 million from an undisclosed seller.
Matthew Dzbanek and Matt Swerdlow, both senior directors in Ariel’s Capital Services Group, arranged financing with a debt fund.
Located in the Lenox Hill neighborhood, the 14-story Renoir House was built in 1962. It has recently undergone extensive renovations.
- ◦Sale/Acquisition
- ◦Financing

