Dov Hertz, Aaron Malitzky & DH Property Holdings Secure $88M Refinance Loan - New York City

The industrial outdoor storage property located at 1900 South Avenue in New York City has undergone a refinancing transaction. The property spans across 50 acres, providing ample space for storing industrial equipment and materials. The transaction involves a loan amount of $88,000,000 from Apollo Global Management.

Summary of Transaction Details

• Property Type: Industrial Outdoor Storage
• Transaction Amount: $88,000,000
• Address: 1900 South Avenue
• Market: New York City
• Lender: Apollo Global Management

DH Property Holdings, represented by Aaron Malitzky and Dov Hertz, act as the landlords for this property. The deal was facilitated by brokers Jonathan Schwartz, Adam Schwartz, Keith Kurland, Aaron Appel, Mo Beler, and Michael Ianno of Walker & Dunlop. Their expertise and negotiation skills played a significant role in securing the refinancing loan.