Aya Management Secures $23 Million Refinance Loan From BMO For Mixed-Use Property In Hell's Kitchen

This transaction involves a mixed-use property located at 321 West 42nd Street, 323 West 42nd Street, and 325 West 42nd Street in the Hell’s Kitchen market of Manhattan. The landlord for this asset is Aya Management, and the loan amount secured for refinancing is $23,000,000 with terms set at a 7.5 Debt Yield.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $23,000,000
• Lender: BMO (Bank of Montreal)
• Landlord: Aya Management
• Broker: Nate Hyman - Polaris Funding
• Loan Type: Refinance
• Loan Terms: 7.5 Debt Yield

Nate Hyman of Polaris Funding represents the landlord in this refinancing deal, facilitating the transaction with BMO (Bank of Montreal) as the lender. This partnership lays the foundation for the financial restructuring of the properties involved.