FINANCED
Hudson Companies Secures $104.5M Construction Loan For Hell's Kitchen Mixed-Use
806 9th Avenue
Mixed-use
129,105 SF
129,105 SF
Financed 31 days ago
Summary
Loan
NEW YORK
Mixed-use
129,105 sqft
The mixed-use property located at 806 Ninth Avenue in Hell’s Kitchen, Manhattan spans approximately 129,105 square feet. Hudson Companies, under Housing Is A Human Right LLC, secured a $104.5 million new construction loan from Webster Bank for this project.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $104,500,000
- Address: 806 9th Avenue
- Market: Hell’s Kitchen, Manhattan
- Lender: K. James Dittbrenner - Webster Bank
- Landlord: David Kramer - Hudson Companies
- Loan Type: Construction
K. James Dittbrenner from Webster Bank was the lender in this deal, while David Kramer, representing Hudson Companies, acted as the landlord. The transaction involved securing a significant loan amount for the construction of the mixed-use property, highlighting the collaboration between the two key individuals in the real estate industry.
Details
FINANCED
IMAGE: David Kramer
DATE: 03/27/2024
ADDRESS: 806 9th Avenue
MARKET: Hell’s Kitchen, Manhattan
ASSET TYPE: Mixed-use ~ SF: 129,105
LENDER: K. James Dittbrenner - Webster Bank (@WebsterBank)
LANDLORD: David Kramer - Hudson Companies (@TheHudsonCos)
LOAN AMOUNT: $104,500,000
LOAN TYPE: Construction
NOTE: Hudson Companies, under Housing Is A Human Right LLC, secured a $104.5 million new construction loan from Webster Bank for a mixed-use project at 806 Ninth Avenue in Hell’s Kitchen, Manhattan.View on map
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Address806 9th Avenue
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