$157M Bond Placed for AEP at 6.6%, Backed by U.S. Office and Industrial Holdings

Giryes Capital Group acted as placement agent for the $157 million bond, issued at a fixed 6.6% interest rate in the Israeli capital market. The financing refinances existing debt and funds CapEx and TILC secured by over 899,000 square feet of office and industrial assets.

SOUTHLAKE, Texas, July 23, 2025 /PRNewswire/ -- Giryes Capital Group is pleased to announce the successful placement of a $157 million bond financing for American Equity Partners (AEP). The financing is backed by a diversified real estate portfolio consisting of three office buildings in New Jersey and an industrial asset in Florida.

The bonds were placed in the Israeli capital market at a competitive 6.6% fixed interest rate, reflecting a 70% loan-to-value (LTV) structure that underscores the strength and stability of the underlying assets. The portfolio includes:

• 837,006 square feet of office space located in Jersey City, East Brunswick, and Parsippany, New Jersey
• 62,377 square feet of industrial space in Pensacola, Florida

Use of Proceeds:

• Refinancing of existing debt secured by the assets
• $25 million dedicated to committed capital improvements, including tenant improvements (TIs) and leasing commissions (TILCs) to support tenant retention and lease-up efforts
• $12 million in cash-out proceeds, earmarked for reinvestment across AEP's broader real estate portfolio to support strategic growth and acquisition opportunities

Amir Giryes, President of Giryes Capital Group, commented:

"Investor demand for this bond was more than double the amount issued—a clear reflection of the market's confidence in AEP, the quality of the underlying assets, and the strength of the Israeli capital market. AEP continues to demonstrate outstanding leadership, operational excellence, and a focused investment strategy that resonates with institutional investors. We're proud to support AEP and to further strengthen the bridge between high-quality U.S. real estate and sophisticated Israeli capital."

The transaction highlights the growing synergy between U.S. real estate sponsors and Israeli debt capital markets, where institutional investors are increasingly looking to deploy capital into well-structured, income-producing U.S. commercial assets.

This bond issuance marks another milestone in Giryes Capital Group's mission to create efficient, cross-border capital solutions that benefit both asset sponsors and investors seeking stable returns backed by real assets.

Media Contact:

Email: amir@giryes.com

Phone: +1‑737‑333‑5940

Giryes Capital Group is a boutique capital advisory firm headquartered in the U.S., specializing in sourcing debt and equity solutions for commercial real estate owners and developers. With strong access to Israeli institutional capital, the firm has arranged over $2 billion in cross-border real estate financings.

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SOURCE Giryes Capital Group