Adam Offman & Jack Tawil Of Dwight Capital Provide $115 Million Bridge Loan For Multifamily Asset In Midtown Manhattan
250 West 49th Street
$115,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 29, 2026
AI
The asset involved in this transaction is a multifamily property consisting of 138 units located at 250 West 49th Street in Midtown Manhattan. The total loan amount for this property is $115,000,000, and it falls under a bridge loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $115,000,000
- Asset Address: 250 West 49th Street
- Market: Midtown Manhattan
- Units: 138
- Lender: Adam Offman & Jack Tawil - Dwight Capital
Key individuals involved in the deal are Adam Offman and Jack Tawil, who represent Dwight Capital in this transaction. They have facilitated the bridge loan for the multifamily asset in Midtown Manhattan.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93