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Ariel Property Advisors’ Capital Services Group Arranges $25.8 Million in Financing


Matt Swerdlow
Senior Director - Capital Services
Ariel Property Advisors

Anthony Priest
Director - Capital Services
Ariel Property Advisors

Nicholas Campoli
Director - Capital Services
Ariel Property Advisors

Steven Trow
Director - Capital Services
Ariel Property Advisors

NEW YORK, NY – October 21, 2026 – In recent weeks, Ariel Property Advisors’ Capital Services Group has arranged another $25.8 million in financing across eight loans, securing construction, acquisition and refinancing capital throughout New York City, New Jersey and Connecticut.



A Capital Services team that included Matt Swerdlow, Senior Director, and Directors Anthony Priest, Nicholas Campoli and Steve Trow, arranged the following transactions:


The transactions included:

          • A $4.4 million non-recourse construction loan with a debt fund for a four-unit mixed-use condominium development in Boerum Hill. The loan featured a 30-month term and an 8.5% interest-rate floor. It was the second construction loan Ariel has structured between the borrowers and this lender. The approximately 5,290-square-foot project will feature a mix of residential condominium and commercial space.
          • A $4.33 millionrefinance loan for a warehouse in Patterson, NJ. The five-year loan with a credit union featured a rate of 200 bps over the five-year treasury and 75% LTV. The loan returned 109% of the sponsor’s original cost basis.
          • A $3.605 million cash out refinance loan for a 10-unit, 6,100-square-foot multifamily building on Manhattan’s Upper West Side. Terms for the non-recourse, five-year bank loan included a spread of 1.75% over the five-year treasury, one year interest only and 30-year amortization.
          • A $3.535 million refinance loan for a free market 36-unit multifamily property in New Haven, CT. Terms of the bank loan included an interest rate of 6.65% and 70% LTV.
          • A $3.3 million credit union loan for an owner-user to acquire a 4,000-square-foot commercial property in Woodside, Queens. Key terms included a 10-year term, 6.13% interest rate, and 70% LTV.
          • A $3.25 million loan with a debt fund for the acquisition and renovation of a 10-unit, 5,360-square-foot property in Brooklyn Heights. The two-year bridge loan featured 75% LTC.
          • A $1.85 million acquisition loan for a 36-unit multifamily building in The Bronx. Approximately 75% of the property’s apartments are rent stabilized. The five-year bank loan featured a 6.40% fixed interest rate and a 70% loan-to-value ratio.
          • A $1.49 million refinance loan for a 4,830-square-foot, three-unit multifamily in the Prospect Lefferts Gardens neighborhood of Brooklyn. Terms of the five-year loan with a private lender included a 6.75% interest rate and 68% LTV.The loan featured a 10-year fixed rate with full-term interest-only and a flexible prepayment penalty.


“Lenders remain highly selective, making it essential to understand each asset’s business plan and identify the right capital source,” said Swerdlow. “For the Boerum Hill transaction, our familiarity with the project and the parties allowed us to arrange a second construction loan between the borrowers and lender. In the Bronx, we secured 70% leverage for an acquisition involving a significant rent-stabilized component, a financing structure that has become increasingly difficult to achieve in today’s market.” 


These transactions demonstrate Ariel’s ability to source and structure financing for a range of property types and business plans, from ground-up condominium construction to the acquisition of regulated multifamily housing.



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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.


Media Contact

Gail Mitchell Donovan, Senior Director - 
                          Communications, Ariel Property Advisors

Gail Mitchell Donovan

Senior Director - Communications

212.544.9500 ext. 19

gdonovan@arielpa.com

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