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740 West End Avenue

Affiliates Of Tal Adini & AYA Acquisitions Secure $50M Loan From J.P. Morgan Chase
FINANCEDMultiFamily

Affiliates Of Tal Adini & AYA Acquisitions Secure $50M Loan From J.P. Morgan Chase

740 West End Avenue

$50,000,000

Units

271

Asset Type

MultiFamily

Closing

May 1, 2025

AI

The property asset involved in this transaction is a multifamily asset located at 740 West End Avenue, situated in the Upper West Side of Manhattan. The asset comprises 271 residential units within a total square footage of 252,891. Affiliates of Tal Adini and AYA Acquisitions secured a loan of $50,000,000 from J.P. Morgan Chase to finance this asset.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $50,000,000
  • Address: 740 West End Avenue
  • Market: Upper West Side, Manhattan
  • Units: 271
  • Lender: J.P. Morgan Chase
  • Landlord: Affiliates of Tal Adini & AYA Acquisitions

This transaction involves key individuals and institutions, notably the collaboration of Tal Adini and AYA Acquisitions in securing financing for their portfolio of 13 residential properties, contributing to their holdings in the Manhattan real estate market.

Players

J.P. Morgan Chase
J.P. Morgan ChaseLender

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93