Aya New York lands $104M loan, exits Israeli bond market
Amir Shriki’s Aya New York has closed a $104 million refinancing with Citibank, completing its exit from Israel’s bond market and returning to traditional bank financing. The loan is secured by two Manhattan multifamily properties: the 151-unit Renoir House at 225 East 63rd Street on the Upper East Side and a pair of Upper West Side buildings at 120 and 125 Riverside Drive. Proceeds will refinance existing debt, including the full repayment of Aya’s Series A bonds, which were listed on the Tel Aviv Stock Exchange. JLL’s Scott Aiese and Alex Staikos arranged the financing, which closed a month after […]
This article originally appeared on The Real Deal. Click here to read the full story.
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