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.
Kennett Square, PA Arrow Real Estate Advisors arranged $22.425 million in total financing across two properties at 101 E. State St. and 128 E. State St. on behalf of 9SDC. The two transactions