Azorim North America Secures $145 Million Refinance Loan From Acore Capital For Multifamily Complex
New York
See Similar DealsAzorim North America Secures $145 Million Refinance Loan From Acore Capital For Multifamily Complex
601 Ridge Hill Boulevard & 607 Ridge Hill Boulevard
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The property asset involved in this transaction is a multifamily complex located at 601-607 Ridge Hill Boulevard in Yonkers, comprising 364 residential units. The transaction involves a loan amount of $145,000,000, which is intended for refinancing purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $145,000,000
- Address: 601-607 Ridge Hill Boulevard
- Market: Yonkers
- Lender: Warren de Haan - Acore Capital
- Landlord: Azorim North America
- Brokers: Jonathan Zilber & Joel Chetner - Walker & Dunlop
- Loan Type: Refinance
- Units: 364
The loan was secured by Azorim North America and arranged by the brokerage firm Walker & Dunlop, represented by Jonathan Zilber and Joel Chetner. This financing facilitates Azorim's plans for a third tower at the site and contributes to the company's broader development initiatives in Yonkers.
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