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 East 63rd Street on Manhattan’s Upper East Side. Aya Acquisitions acquired the property for $45 million.
Matthew Dzbanek and Matt Swerdlow, both Senior Directors in Ariel Property Advisors’ Capital Services Group, arranged financing with a debt fund.
About Ariel Property Advisors
Ariel Property Advisors is a New York City-based commercial real estate services and advisory company offering expertise in three core areas: Investment Sales, Capital Services and Research & Advisory. Our Investment Sales Group specializes in all major commercial asset types throughout the New York metropolitan area, the Capital Services Group provides clients nationwide with custom-tailored financing solutions and the Research & Advisory team delivers timely market reports, empowering both our professionals and clients. Additionally, our recent strategic partnership with GREA (Global Real Estate Advisors), a nationwide network of independent real estate investment services companies, further expands our reach and capabilities. To learn more, please visit us at arielpa.nyc.
