US EditionAriel Property Advisors arranges construction loan for site of former Tenafly theater
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Ariel Property Advisors arranges construction loan for site of former Tenafly theater
The Capital Services Group for Ariel Property Advisors arranged a $5,250,000 construction loan for a 20-unit mixed-use development being built on the site of the former Tenafly Cinema located at 4.5-5 W Railroad Avenue. Ariel’s Capital Services team, led by senior directors Matt Swerdlow and Matthew Dzbanek, arranged the non-recourse financing on behalf of the developer, Yoav Rettig of Bergen Pro Builders LLC. A non-recourse loan is any consumer…
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