HUDSON REALTY ARRANGES $11M LOAN FOR FOUR-BUILDING MANHATTAN PORTFOLIO

by admin

NEW YORK CITY — Hudson Realty Capital has arranged an $11 million first mortgage loan for a four-building, mixed-use portfolio in Manhattan. The borrower is using the financing to acquire the property and establish interest reserves. The property, located between 5th Avenue and Avenue of the Americas, consists of 48,350 square feet. The buildings also feature 85,920 square feet of buildable space to allow for future development.

You may also like