Amir Shriki Of Aya Acquisitions Secures $45M Loan From OakNorth Bank For Midtown Hotel

The asset involved in this transaction is a hotel comprising 165 units located at 66-70 West 45th Street in Midtown Manhattan. The property was acquired through a foreclosure sale for $54.74 million and is financed by a mortgage of $45 million sourced from OakNorth Bank.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $54,740,000
• Loan Amount: $45,000,000
• Market: Midtown Manhattan
• Landlord: Amir Shriki - Aya Acquisitions
• Brokers: Matthew Dzbanek & Matt Swerdlow - Ariel Property Advisors

The key individuals involved in this transaction include Amir Shriki representing the landlord, while brokers Matthew Dzbanek and Matt Swerdlow facilitated the deal under Ariel Property Advisors. The financing was arranged through OakNorth Bank to support the acquisition process.