Mark Moskowitz And Rafi Moskowitz Of Argo Real Estate Secure $42.5M Acquisition Financing For Multifamily Asset In Nyack

The property asset involved in this transaction is a multifamily residential building located at 101 Gedney Street in Nyack, NY, featuring 164 units. The acquisition was financed with a loan amount of $42,500,000, which is specifically designated for acquisition purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,500,000
• Loan Type: Acquisition
• Lender: Adam Siper & Simmons Gaines - Ladder Capital
• Sponsor: Mark Moskowitz, Rafi Moskowitz, Sam Gordon & Allen Rezhets - Argo Real Estate
• Advisors: Jake Kahn, Marko Kazanjian, Max Herzog & Michael Samuelian - Institutional Property Advisors (IPA)

The deal features a collaboration among multiple professionals in the real estate finance sector. The lenders, Adam Siper and Simmons Gaines, represent Ladder Capital in the transaction. Meanwhile, the sponsors, including Mark Moskowitz, Rafi Moskowitz, Sam Gordon, and Allen Rezhets, are associated with Argo Real Estate, while the advisors from Institutional Property Advisors include Jake Kahn, Marko Kazanjian, Max Herzog, and Michael Samuelian.