Ben Ashkenazy

Ashkenazy Acquisition Corporation Refinances Manhattan Retail Condo for $20.6M

Retrieved on: 
星期五, 二月 3, 2023
Commercial Building & Real Estate, Construction & Property, TD Bank, CMBS, Bank, Bank of Montreal, Ben Ashkenazy, AAC, TD, Third Avenue, Sports Properties Acquisition Corporation, Senior, Capital Group Companies, Commercial property, Commercial Building & Real Estate, Construction & Property

Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $20.6M for the Chatham Retail Condo in New York City.

Key Points: 
  • Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $20.6M for the Chatham Retail Condo in New York City.
  • The Chatham Retail Condo, a 25,673-square-foot Manhattan retail condo located on Third Avenue, received a 10-year, fixed-rate loan from the Bank of Montreal.
  • “We’re thrilled to work with the Bank of Montreal and Meridian Capital Group to refinance this property,” said Yehuda Sheinfeld, Chief Financial Officer of Ashkenazy Acquisition Corporation.
  • Ashkenazy Acquisition has a superior performance history in purchasing and managing premier assets.

Ashkenazy Acquisition Corporation Refinances Renaissance Plaza in Atlantic City for $7.5M

Retrieved on: 
星期五, 二月 3, 2023
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Provident Bank, Sports Properties Acquisition Corporation, Ben Ashkenazy, AAC, Renaissance Plaza, Senior, Debt, Commercial property, Financial services, Newmark, Commercial Building & Real Estate, Construction & Property, Professional Services, Finance

Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $7.5M for Renaissance Plaza, a 76,000-square-foot grocery anchored shopping center located in Atlantic City, New Jersey.

Key Points: 
  • Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $7.5M for Renaissance Plaza, a 76,000-square-foot grocery anchored shopping center located in Atlantic City, New Jersey.
  • AAC received a 7-year fixed-rate loan from Provident Bank as part of the refinancing of an existing loan that was maturing.
  • “Despite the challenges brought upon by the pandemic, this property has done exceptionally well,” said Joe Press, Chief Operating Officer at Ashkenazy Acquisition Corporation.
  • Ashkenazy Acquisition Corporation is a New York-based private real estate investment firm focusing on retail, hotel and office assets located throughout the United States and Canada.