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Apollo Global Management Provides $110.8M Loan For Residential Condo On Upper West Side

Property Image
FINANCED
$110,800,000

New York

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237,568 SF
Financed 07/29/2020
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Property Image
FINANCED

Apollo Global Management Provides $110.8M Loan For Residential Condo On Upper West Side

720 West End Ave, New York, NY 10025, USA

See Similar Deals
237,568 SF
Financed 07/29/2020
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Summary

NEW YORK
Price Per Square Foot:$466
Total Square Footage:237,568 SF
Transaction Type:Loan

The residential condo located at 720 West End Avenue in the Upper West Side has been involved in a closed property transaction. The property spans a total square footage of 237,568. The transaction took place on 07/29/2020.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $110,800,000
  • Lender: Apollo Global Management
  • Landlord: Brack Capital Real Estate – Shai Shamir
  • Loan Image: Leon Black & Shai Shamir
  • Address: 720 West End Avenue
  • Market: Upper West Side

The lender for this transaction is Apollo Global Management. The landlord involved is Brack Capital Real Estate represented by Shai Shamir. The loan amount for the transaction is $110,800,000.

Players

LENDER

3 deals$223M volume
LANDLORD

Details

FINANCED
IMAGE: IMAGE: Leon Black & Shai Shamir DATE: 07/29/2020 ADDRESS: 720 West End Avenue MARKET: Upper West Side ASSET TYPE: Residential Condo LENDER: Apollo Global Management LANDLORD: Brack Capital Real Estate – Shai Shamir LOAN AMOUNT: $110,800,000 SF: 237,568

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$110,800,000.00

Monthly NOI$738,666.67
Monthly Debt Service$700,331.37
Change in Cash Flow$0.00
Refinance Proceeds$0.00