Press Releases Archive
Matthew Swerdlow
Senior Director - Capital Services
Ariel Property Advisors
Anthony Priest
Director - Capital Services
Ariel Property Advisors
NEW YORK, NY – June 9, 2026 – Ariel Property Advisors’ Capital Services Group announced that it has arranged a $5,887,500 cash-out refinance loan for a recently renovated 46-unit, 20,920 SF multifamily complex in Dallas, TX.
An Ariel team led by Matt Swerdlow, Senior Director, and Anthony Priest, Director, negotiated the loan with a nationally chartered balance sheet lender on behalf of their client, a private investor.
The seven-year loan was structured with a 5.75% fixed interest rate, 30-year amortization schedule, and 75% loan-to-value ratio, providing long-term stability and attractive leverage for the owner. Notably, approximately 80% of the loan proceeds represented cash-out financing, a structure that is uncommon in today's lending environment.
"A transaction of this nature requires an appealing, well-located asset as well as strong lender relationships," Swerdlow said. "Given the significant cash-out component, it was critical to identify a lender that recognized the value created through the property's renovation program and was willing to structure financing that met the borrower's objectives."
As part of the financing process, Ariel negotiated a unique interest rate lock provision that provided the borrower with added flexibility and significant value. Rather than requiring the interest rate to be locked at closing, the lender agreed to delay the rate lock within 30 days after closing, allowing the borrower to capitalize on favorable market movements and secure the most competitive rate available.
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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.