620 W 153rd

Jay Group, AB & Sons Group, and Jacob Aini secured a $117M refinance loan from Bank of Montreal for their 238-unit rental property at 620 West 153rd Street in Harlem. The prior lender was H.I.G. Capital. The property spans 210,711 square feet, with a loan price per built square foot of $555. Signatories for the borrowers included Eliyahou Chetrit, Jacob Aini, and Abraham Kohn, while Michael S. Birajiclian represented Bank of Montreal.