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Bobby Cayre Of Aurora Capital Associates And Steven Roth Of Vornado Realty Trust Secure $161M Refinance Loan

Property Image
FINANCED
$161,000,000
Stanley Cayre
Dustin Stolly
Keith Kurland
+ 6

New York

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Mixed-use
Financed 05/11/2026
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Property Image
FINANCED

Bobby Cayre Of Aurora Capital Associates And Steven Roth Of Vornado Realty Trust Secure $161M Refinance Loan

61 Ninth Avenue

See Similar Deals
Mixed-use
Financed 05/11/2026
Stanley Cayre
Dustin Stolly
Keith Kurland
+ 6
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The property asset involved in this transaction is a mixed-use development located at 61 Ninth Avenue in the Meatpacking District. The loan amount for the refinance is $161,000,000.

Summary of transaction details:

 

Players

Aaron Appel
Walker & Dunlop
Aaron Appel
194 deals$32.5B volume
BROKER
Dustin Stolly
Walker & Dunlop
Dustin Stolly
267 deals$49.4B volume
BROKER
Jonathan Schwartz
Walker & Dunlop
Jonathan Schwartz
168 deals$27.2B volume
BROKER
Keith Kurland
Walker & Dunlop
Keith Kurland
173 deals$29.4B volume
BROKER
Adam Schwartz
Walker & Dunlop
Adam Schwartz
166 deals$25.7B volume(646) 491-8869
BROKER
Stanley Cayre
Walker & Dunlop
Stanley Cayre
11 deals$2B volume(917) 613-8038
BROKER
Jordan Casella
Walker & Dunlop
Jordan Casella
18 deals$3.5B volume
BROKER
UBS
UBS
LENDER
Steven Roth
Vornado Realty Trust
Steven Roth
45 deals$4.4B volume
LANDLORD
Bobby Cayre
Aurora Capital Associates
Bobby Cayre
12 deals$981.4M volume
LANDLORD

Details

FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Dustin Stolly, Keith Kurland, Steven Roth, Adam Schwartz, Bobby Cayre, Stanley Cayre & Jordan Casella DATE: 5/11/2026 ADDRESS: 61 Ninth Avenue MARKET: Meatpacking District ASSET TYPE: Mixed-use LENDER: UBS LANDLORD: Steven Roth - Vornado Realty Trust (@VornadoRealtyTrust) & Bobby Cayre - Aurora Capital Associates (@AuroraCapitalRE) BROKERS: Aaron Appel, Dustin Stolly, Jonathan Schwartz (@JSchwa1386), Keith Kurland (@KaKurland), Adam Schwartz (@AdamSchwartz88), Jordan Casella & Stanley Cayre (@Stanley_Cayre) - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $161,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$161,000,000.00

Monthly NOI$1,073,333.33
Monthly Debt Service$1,017,629.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00