Ariel Property Advisors arranges $3.1 Million in construction financing for Baltimore, MD property

Swerdlow and Dzbanek led the team that secured the non-recourse loan for The Sason Org.

Baltimore, MD — Ariel Property Advisors (Ariel) announced its Capital Services Group has arranged $3.1 million in construction financing for the redevelopment of 900 S Wolfe St., a 31,000 s/f, three-story flex building in Baltimore.

An Ariel team led by senior directors Matthew Swerdlow and Matthew Dzbanek negotiated the non-recourse loan, which features a 24-month term and interest-only payments.

The team arranged the loan on behalf of The Sason Organization. Sason’s vision encompasses the creation of dynamic operating environments that meet specific community demands. This project exemplifies that approach, bringing to life an urban wellness collective.

The financing will support The Sason Organization’s transformation of the Baltimore property into an urban wellness destination operated by Timbre, a wellness collective of carefully curated operator partners providing an innovative mix of nutrition, fitness, wellness and lifestyle modalities along with a space to work and connect.

The property will also feature parking as well as a 10,000 s/f event and catering space on the third floor, designed to host up to 1,000 guests, ideal for retreats, trainings, team meetings, and wellness-focused events. Located in one of Baltimore’s most iconic and walkable neighborhoods, the site benefits from Fells Point’s historic charm and waterfront proximity, making it an ideal backdrop for Timbre’s health and wellness vision.