Wells Fargo Provides $184M Loan For Mixed-Use Property At 66 West 38th St. & 400 West 55th St

66 West 38th St. and 400 West 55th St., a mixed-use property, was involved in a closed transaction on February 20, 2019. The property, consisting of 522 units, was the subject of a loan provided by Wells Fargo to the landlord, Gotham Org. The loan amount was $184 million, with a term of 15 years.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $184 million
• Address: 66 West 38th St. and 400 West 55th St.
• Units: 522
• Lender: Wells Fargo
• Landlord: Gotham Org.
• Brokers: Drew Fletcher, Matthew Klauer, and Steven Deck - Greystone Bassuk

Drew Fletcher, Matthew Klauer, and Steven Deck from Greystone Bassuk represented the parties involved in the transaction, serving as brokers.