Rob Vescler Of Hyperion And Scott Allen Of AIP Secure $147.5M For Port Chester Multifamily

The property asset involved in this transaction is a multifamily asset located at 2 South Main Street in Port Chester. The total capitalization for the deal is $147,500,000, with a loan amount of $104,500,000 and equity of $43,000,000. The type of financing involved is Construction Equity & Debt.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $147,500,000
• Lender: David Friedman - Arbor Realty Trust
• Landlord: Rob Vescler – Hyperion; Scott Allen – AIP; & Chris Garvey - Winter
• LP Equity: Robbie Bernstein – Related
• Broker Representation: Mo Beler, Aaron Appel, Jonathan Schwartz, Jordan Casella, Jonathan Paine, Cory Elbaum, Jackson Irwin, Christopher de Raet & Stanley Cayre - Walker & Dunlop

The deal features contributions from a collective team representing the interests of various stakeholders. The landlord representation includes three parties, highlighting the collaborative effort in managing the asset. The involvement of key broker representatives from Walker & Dunlop brings diverse expertise to the transaction.