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Ariel Arranges Financings in Manhattan, Boroughs
Ariel Property Advisors closed out 2020 and began 2021 with a series of financings across the U.S., including deals in Manhattan and the outer boroughs. Ariel’s Matt Dzbanek led Ariel’s team on a $6-million refinance loan for a 93-unit multifamily portfolio in Manhattan.
Dzbanek also arranged a strategic JV partnership between a foreign investor and a seasoned NYC owner/operator to acquire value-add properties throughout Brooklyn. The partnership closed their first of several acquisitions recently in the Bedford-Stuyvesant neighborhood of Brooklyn.
Led by Matt Swerdlow, Ariel arranged $3.55 million in financing for the cash-out refi and partner buyout of a vacant community facility condominium in Yorkville on the Upper East Side of Manhattan.
Additionally, Swerdlow led Ariel’s team on the $3.38-million cash-out refinance for a package of medical office condominiums across the street from Elmhurst Hospital in Queens.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
