Dermot Secures $283.64M Refinance Loan From Freddie Mac For 101 West End Avenue Multifamily

The multifamily asset located at 101 West End Avenue in Manhattan encompasses a total area of 456,000 square feet and comprises 502 units. The transaction involved a loan amount of $283,640,000, specifically for a refinance purpose.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $283,640,000
• Address: 101 West End Avenue
• Market: Manhattan
• Lender: Freddie Mac
• Landlord: Dermot - Stephen Benjamin, Drew Spitler & Andrew Levison; Affinius Capital - Len O’Donnell; & PGGM
• Brokers: Aaron Appel, Dustin Stolly, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno, Sean Bastian, & Stanley Cayre - Walker & Dunlop
• Units: 502
• Square Footage: 456,000

The deal included multiple representatives from different organizations. The landlord representation was comprised of Stephen Benjamin, Drew Spitler, and Andrew Levison from Dermot, and Len O’Donnell from Affinius Capital, along with PGGM. The brokerage team facilitated the transaction and included Aaron Appel, Dustin Stolly, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno, Sean Bastian, and Stanley Cayre from Walker & Dunlop.