News: Finance

Bakhchi and Aghravi of Hybrid Capital arrange $9.8 million permanent financing

According to Hybrid Capital, the firm has closed on $9.8 million in permanent financing for 114 West 86th St. on the Upper West Side. The property is a 16-story building containing 49 apartment units. The financing was closed by Hybrid Capital partners Bob Bakhchi and Jonathan Aghravi in only 15 days.
Tags: Finance
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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
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