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Citi Bank Provides $58 Million Refinance Loan For Aurora Capital Associates Mixed-Use Property In SoHo

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FINANCED
$58,000,000
Dustin Stolly
Keith Kurland
+ 4

New York

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Mixed-use88,400 SF
Financed
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Property Image
FINANCED

Citi Bank Provides $58 Million Refinance Loan For Aurora Capital Associates Mixed-Use Property In SoHo

600 Broadway

See Similar Deals
Mixed-use88,400 SF
Financed
Dustin Stolly
Keith Kurland
+ 4
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$656
Total Square Footage:88400 SF
Transaction Type:Loan

The property is a mixed-use asset located at 600 Broadway in SoHo, Manhattan. It encompasses a total square footage of 88,400 and is involved in a refinance transaction amounting to $58,000,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $58,000,000
  • Loan Type: Refinance
  • Lender: Joseph Dyckman - Citi Bank
  • Landlord: Robert Cayre - Aurora Capital Associates
  • Brokers: Aaron Appel, Dustin Stolly, Jonathan Schwartz, Stanley Cayre, Michael Brown, Keith Kurland & Adam Schwartz - Walker & Dunlop

The transaction features a collaboration of several brokers from Walker & Dunlop, highlighting their roles in facilitating this refinance deal. Joseph Dyckman from Citi Bank serves as the lender, while Robert Cayre from Aurora Capital Associates acts as the landlord.

Players

Aaron Appel
175 deals$27.9B volume
BROKER

Dustin Stolly
Walker & Dunlop
253 deals$47.4B volume
BROKER

Jonathan Schwartz
Walker & Dunlop
151 deals$23.4B volume
BROKER

Keith Kurland
Walker & Dunlop
157 deals$25.3B volume
BROKER

Adam Schwartz
Walker & Dunlop
148 deals$21.9B volume(646) 491-8869
BROKER

Stanley Cayre
Walker & Dunlop
10 deals$1.8B volume(917) 613-8038
BROKER


Citibank
LENDER

Details

FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Robert Cayre, Michael Brown, Dustin Stolly, Stanley Cayre & Joseph Dyckman DATE: 1/5/2026 ADDRESS: 600 Broadway MARKET: SoHo, Manhattan ASSET TYPE: Mixed-use ~ SF: 88,400 LENDER: Joseph Dyckman - Citi Bank LANDLORD: Robert Cayre - Aurora Capital Associates BROKERS: Aaron Appel, Dustin Stolly, Jonathan Schwartz, Stanley Cayre (@Stanley_Cayre), Michael Brown, Keith Kurland & Adam Schwartz - Walker & Dunlop LOAN AMOUNT: $58,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$58,000,000.00

Monthly NOI$386,666.67
Monthly Debt Service$366,599.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00