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250 West 49th Street

Updated Aug 3, 2026

Adam Offman & Jack Tawil Of Dwight Capital Provide $115 Million Bridge Loan For Multifamily Asset In Midtown Manhattan
FINANCEDMultiFamily

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

Units

138

Asset Type

MultiFamily

Closing

Jul 29, 2026

About this deal

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.

On the Map

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$115,000,000

MultiFamily

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Players

Dwight Capital
Dwight CapitalLender

Jack Tawil

Dwight Capital

Lender

$364.3M

vol

5 deals

Lender
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $833.3K per unit across 138 units on a published $115M (2026).

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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

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