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PGIM Real Estate & Fetner Properties Secures $47.6M Loan From JP Morgan For Bronx Multifamily Asset

Property Image
FINANCED
$47,600,000
Max Ralby
Capri Van Gilder

New York

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MultiFamily
Financed 04/21/2026
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Property Image
FINANCED

PGIM Real Estate & Fetner Properties Secures $47.6M Loan From JP Morgan For Bronx Multifamily Asset

3260 Henry Hudson Parkway

See Similar Deals
MultiFamily
Financed 04/21/2026
Max Ralby
Capri Van Gilder
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in the transaction is a multi-family building located at 3260 Henry Hudson Parkway, Bronx. The property comprises 127 units and is centered within a market conducive to multi-family investment. The loan amount secured for this acquisition is $47,600,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $47,600,000
  • Lender: JP Morgan
  • Landlord: PGIM Real Estate & Fetner Properties
  • Landlord's Representative: Max Ralby & Capri Van Gilder - Newmark
  • Loan Type: Acquisition

The key individuals involved in this transaction include Max Ralby and Capri Van Gilder, who represent PGIM Real Estate and Fetner Properties in this deal. Their role as landlord's representatives is crucial for facilitating the loan agreement with JP Morgan.

Players

Max Ralby
Newmark
Max Ralby
74 deals$3.8B volume
BROKER
Capri Van Gilder
Newmark
Capri Van Gilder
5 deals$1B volume
BROKER
FP
Fetner Properties
LANDLORD

Details

FINANCED
IMAGE: Max Ralby & Capri Van Gilder DATE: 4/21/2026 ADDRESS: 3260 Henry Hudson Parkway MARKET: Bronx ASSET TYPE: MultiFamily ~ UNITS: 127 LENDER: JP Morgan (@JPMorgan) LANDLORD: PGIM Real Estate (@PGIM) & Fetner Properties (@FetnerNYC) LANDLORD'S REP: Max Ralby (@MaxRalby)& Capri Van Gilder (@CapriVanGilder) - Newmark (@Newmark) LOAN AMOUNT: $47,600,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$47,600,000.00

Monthly NOI$317,333.33
Monthly Debt Service$300,864.38
Change in Cash Flow$0.00
Refinance Proceeds$0.00