360 Capital Funding Provides $56.25M Construction Loan For Hell's Kitchen And Kensington Condominiums

The loan for the property at 350 West 44th Street in Hell's Kitchen, Manhattan and 428 East 9th Street in Kensington, Brooklyn has been secured. The property consists of 105 residential condominiums and 2 commercial condominiums. The loan amount is $56,250,000 and it is a construction loan.

Summary of transaction details:

• Property Type: Construction
• Transaction Amount: $56,250,000
• Address: 350 West 44th Street, Hell's Kitchen, Manhattan
• Address: 428 East 9th Street, Kensington, Brooklyn
• Market: Hell's Kitchen, Manhattan & Kensington, Brooklyn
• Lender: Andy Waldman - 360 Capital Funding
• Broker: Max Ralby - HKS Real Estate Advisors

Andy Waldman from 360 Capital Funding is the lender for this construction loan. Max Ralby from HKS Real Estate Advisors represented the parties involved in the transaction as the broker.