Peter Chavkin Of Biddle Real Estate Ventures And Keith Kobyra Of King Street Capital Secure $237.5M Bridge Loan For Multifamily Asset In Sleepy Hollow

The multifamily asset involves 655 units located at 50 River Street in Sleepy Hollow, known as Edge-on-Hudson and The Daymark. The loan amount secured for this property is $237,500,000, categorized as a bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $237,500,000
• Address: 50 River Street, Edge-on-Hudson and The Daymark
• Market: Sleepy Hollow
• Lender: Zach Cion & Sander Gerber - Hudson Bay Capital
• Landlord: Peter Chavkin - Biddle Real Estate Ventures & Keith Kobyra - King Street Capital
• Broker Representatives: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Jordan Casella & Christopher de Raet - Walker & Dunlop
• Units: 655

The transaction features key individuals, including the lender representatives Zach Cion and Sander Gerber from Hudson Bay Capital. The landlords involved are Peter Chavkin of Biddle Real Estate Ventures and Keith Kobyra from King Street Capital, ensuring experienced management of the multifamily asset. A significant team of brokers from Walker & Dunlop played a crucial role in facilitating this transaction.