Jay Group Secures $130 Million Refinance From Morgan Stanley For Mixed-Use Property In Inwood

The asset involved in this transaction is a 273-unit mixed-use property located at 3880 9th Avenue in Inwood, Manhattan. The property was refinanced through a transaction amount of $130,000,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $130,000,000
• Lender: Morgan Stanley
• Landlord: Jay Group, Jacob Aini & Paul Gagliardi
• Loan Type: Refinance
• Date: 06/15/2026

Jay Group, represented by Jacob Aini and Paul Gagliardi, secured the refinancing from Morgan Stanley, facilitating continued management and operation of the mixed-use property at the specified address.