MSD Capital Provides $100M Loan For 323-Unit Cooperative In Midtown Manhattan

The asset involved in this transaction is a multifamily cooperative apartment property located at 100 West 57th Street in Midtown Manhattan. It consists of 323 units and is associated with a loan amount of $100,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $100,000,000
• Address: 100 West 57th Street
• Market: Midtown Manhattan
• Units: 323
• Lender: Gregg Lemkau - MSD Capital

MSD Capital has reportedly offered an additional $100 million in financing against the fee interest or ground beneath the Carnegie House, further involving the property in this transaction.