Maxim Capital Group Provides $117.5 Million Loan For Mixed-Use Development At 430 West 37th Street

The property asset involved in this transaction is a mixed-use development located at 430 West 37th Street in the Hudson Yards market of Manhattan. The asset covers a square footage of 163,210 and comprises 128 units. The loan amount secured for this construction project is $117,500,000, provided by Maxim Capital Group.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $117,500,000
• Address: 430 West 37th Street
• Market: Hudson Yards, Manhattan
• Asset Size: 163,210 SF
• Units: 128
• Lender: Maxim Capital Group
• Landlord: Jasper Wu - ZD Jasper
• Broker Representatives: Morris Betesh & Omar Ferreira

The deal involves significant contributions from key individuals, including the landlord Jasper Wu, who represents ZD Jasper, and the brokers Morris Betesh and Omar Ferreira, who facilitated the transaction. These parties played a vital role in the successful closure of this construction loan.