AB Capstone Acquires Mixed-Use Property On Westchester Ave For $26.5M With Starwood Capital Loan

Located at 425 Westchester Ave, this mixed-use property recently underwent a closed transaction. The landlord, AB Capstone eirBabaev, secured a loan from Starwood Capital in the amount of $26,500,000. The property spans approximately 174,000 square feet and offers a diverse range of uses.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $26,500,000
• Address: 425 Westchester Ave
• Landlord: AB Capstone eirBabaev
• Lender: Starwood Capital
• BROKERS: Jason Shein, Jonny Yuran, Ron Solarz - Newmark Knight Frank

The loan for this transaction was facilitated by Jason Shein, Jonny Yuran, and Ron Solarz from Newmark Knight Frank. They played a crucial role in the successful negotiation and completion of the deal, representing the parties involved and ensuring a smooth process throughout.