Press Releases Archive
Matt Swerdlow
Senior Director - Capital Services
Ariel Property Advisors
Matthew Dzbanek
Senior Director - Capital Services
Ariel Property Advisors
NEW YORK, NY – April 25, 2025 – Ariel Property Advisors (Ariel) announced its Capital Services Group has arranged $3.1 million in construction financing for the redevelopment of 900 S Wolfe Street, a 31,000-square-foot, three-story flex building in the Fells Point neighborhood of Baltimore, MD.
Ariel Property Advisors’ Capital Services Group arranged $3.1 million in construction financing for the redevelopment of 900 S Wolfe Street, a 31,000-square-foot, three-story flex building in the Fells Point neighborhood of Baltimore, MD.
An Ariel team led by Senior Directors Matthew Swerdlow and Matthew Dzbanek negotiated the non-recourse loan, which features a 24-month term and interest-only payments.
The team arranged the loan on behalf of The Sason Organization. Recognizing that real estate can be more than just bricks and mortar, Sason's vision encompasses the creation of dynamic operating environments that meet specific community demands. This project exemplifies that approach, bringing to life an urban wellness collective.
The financing will support The Sason Organization’s transformation of the Baltimore property into an urban wellness destination operated by Timbre, a wellness collective of carefully curated operator partners providing an innovative mix of nutrition, fitness, wellness and lifestyle modalities along with a space to work and connect.
“This transaction underscores Ariel’s ability to secure tailored financial solutions for visionary projects in dynamic urban neighborhoods,” said Swerdlow. “Fells Point’s vibrant setting and Timbre’s differentiated wellness concept made this a compelling opportunity in Baltimore’s evolving real estate landscape.”
The property will also feature parking as well as a 10,000-square-foot event and catering space on the third floor, designed to host up to 1,000 guests, ideal for retreats, trainings, team meetings, and wellness-focused events. Located in one of Baltimore’s most iconic and walkable neighborhoods, the site benefits from Fells Point’s historic charm and waterfront proximity, making it an ideal backdrop for Timbre’s health and wellness vision.
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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.