Author name: Caroline Vega

Ben Ashkenazy of Ashkenazy Acquisition Corporation successfully refinanced the Queens Center Mall’s JCPenney building for $57 million with Bank Hapoalim. This transaction underscores the financial stability of premier retail assets attracting top-tier lenders. Queens County, New York, United States – July 15, 2024 — Ben Ashkenazy of Ashkenazy Acquisition Corporation, headquartered in NYC, successfully refinanced […]

Citi Real Estate Funding provided the five-year, $85 million loan, according to property records. The Montreal-based Jesta Group is listed as a partner on the transaction.  SEE ALSO: Barclays CMBS Research Chief Lea Overby On the Issuance Boom and More Ben Ashkenazy, the founder and CEO of Ashkenazy signed the loan document dated July 8.

Ferndale Shopping Center announces the lease renewals of CVS and Gap at its 84,000-square-foot property in Larchmont, NY. Owned by Ben Ashkenazy, the center remains a key retail destination serving the affluent Westchester County community. Larchmont, New York, United States – September 25, 2024 — CVS and Gap, two prominent national retailers, have renewed their

Vernon Hills Village is a prime mixed use retail office and medical office buildings located in the Scarsdale and Eastchester area of Westchester New York. Ben Ashkenazy’s Ashkenazy Acquisition Corporation has retained Rakow Commercial group as the leasing agent. Scarsdale, New York, United States – October 12, 2024 — Ashkenazy Acquisition Corporation has retained David

Can a retail-to-raucous conversion save a historic anchor of downtown retail in San Antonio? New York-based investor Ben Ashkenazy is fixing to find out with a makeover of the Shops at Rivercenter, the San Antonio Express-News reported. His Ashkenazy Acquisition Corporation is hoping to revive foot traffic at the 1 million-square-foot indoor mall with a

Vernon Hills Village is a prime mixed use retail office and medical office buildings located in the Scarsdale and Eastchester area of Westchester New York. Ben Ashkenazy’s Ashkenazy Acquisition Corporation has retained Rakow Commercial group as the leasing agent. Scarsdale, New York, United States – October 12, 2024 — Ashkenazy Acquisition Corporation has retained David

Ashkenazy Acquisition Corporation, under the leadership of Ben Ashkenazy, has acquired the remaining interest in Cross Bronx Plaza, located at 961 E 174th St, Bronx, NY. Bronx, New York, United States – October 11, 2024 — In a transaction that highlights its continued dominance in prime retail real estate, Ashkenazy Acquisition Corporation, led by Ben

Ben Ashkenazy’s Ashkenazy Acquisition Corporation has successfully leased the retail portion of 800 Madison Avenue on Manhattan’s Upper East Side. This prime property, located among prestigious retailers on world-famous Madison Avenue, strengthens its status as a flagship destination in New York’s luxury retail market. Manhattan, New York, United States – August 24, 2024 — Ben

Ben Ashkenazy’s Ashkenazy Acquisition Corporation secured an $85 million refinancing deal for the Arthouse Hotel New York City. Citi Real Estate Funding provided the five-year loan for the 16-story, 300-suite boutique hotel, ensuring continued preservation and enhancement of this historic property located near Central Park. New York, NY, United States – July 26, 2024 —

Ben Ashkenazy took out an $85 million mortgage on his Upper West Side Arthouse Hotel at 2178 Broadway, Crain’s reported. Ashkenazy’s spokesperson Russ Colchamiro told the outlet that the loan replaces an $80 million loan paid off in November, and that the transaction is unrelated to any financial woes and is just a “run-of-the-mill refi.”