AURORA Refinances 40 Tenth Ave. Mixed-Use Property In Meatpacking District With $300M Loan

The Solar Carve Tower, also known as 40 Tenth Ave., located in the Meatpacking District, was the subject of a recent closed property transaction. The mixed-use asset was involved in a refinancing loan deal.

Summary of transaction details

• Property Type: Mixed-use
• Loan Amount: Approximately $300,000,000
• Address: 40 Tenth Ave., Meatpacking District
• Lender: pbb Deutsche Pfandbriefbank
• Landlord: AURORA - Bobby Cayre & Jared Epstein & William Gottlieb Real Estate
• Brokers: Simon Ziff, Jason Krane, David McNeill, Andrew Fleming & Jason Deck
• Architect: Studio Gang

Simon Ziff, Jason Krane, David McNeill, Andrew Fleming, and Jason Deck from Ackman Ziff were involved as brokers in the transaction. This deal brings together various key individuals and companies, such as Jason Krane, Bobby Cayre, Jared Epstein, and Simon Ziff, showcasing their roles in the loan refinance transaction for 40 Tenth Ave.