Joseph Moinian's Moinian Group Secures $135.6M Refinance Loan For Midtown West Condo

The Moinian Group, represented by Joseph Moinian, secured a $135.6 million refinance loan through Newmark (formerly Berkeley Point Capital) for four commercial condominium units within the 394-unit building at 890 8th Avenue in Midtown West, Manhattan. The loan was provided by Newmark Knight Frank (Berkeley Point Capital) and was used to refinance the property.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $135,604,000
• Lender: Newmark Knight Frank (Berkeley Point Capital) - Andrew C. Bernstein
• Landlord: Joseph Moinian - Moinian Group
• Loan Type: Refinance
• Date: 10/04/2023
• Address: 890 8th Avenue, Midtown West, Manhattan

This transaction was facilitated by Joseph Moinian, the representative of the Moinian Group, who successfully secured the loan from Newmark Knight Frank. The loan will enable the Moinian Group to continue their investment in the four commercial condominium units located within the 394-unit building at 890 8th Avenue.