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Ariel Property Advisors’ Capital Services Group has successfully secured a $33.75 million acquisition loan for Renoir House, a luxurious residential building located at 225 E. 63rd St on the Upper East Side of Manhattan. The property, which features 151 units and spans over 105,282 square feet, was acquired by Aya Acquisitions for $45 million from an undisclosed seller.

The financing was arranged by Matthew Dzbanek and Matt Swerdlow, both senior directors in Ariel’s Capital Services Group through a debt fund.

Renoir House is situated in the desirable Lenox Hill neighborhood and was originally built in 1962. It has recently undergone extensive renovations to further enhance its appeal as a premier luxury rental property.

This successful transaction showcases Ariel’s expertise in arranging financing solutions for high-end properties like Renoir House on behalf of their clients.

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