HKS Capital Arranges $19M Refinancing for Three-Building Portfolio in Chinatown

by David Cohen

NEW YORK CITY — HKS Capital Partners has arranged a $19 million loan to refinance a three-building commercial portfolio in the Chinatown neighborhood of Manhattan. The loan included a seven-year term with a 4 percent fixed rate. The lender and borrower were not disclosed. The properties include an eight-story building with nine commercial condos; a three-story building with seven retail units and 14 office units and a four-story property with two retail units and five office units. The addresses of the properties were not disclosed. Refinancing proceeds will be used to replace the existing mortgage and term.

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