Amstar Group Secures $71M Acquisition Loan From U.S. Bank For Hudson Yards Multifamily Property

The property asset is a multifamily development located at Henry Hall, 515 West 38th Street in the Hudson Yards market, consisting of 225 units. The total loan amount secured for the acquisition is $71,000,000, facilitated by U.S. Bank.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $71,000,000
• Address: Henry Hall - 515 West 38th Street
• Market: Hudson Yards
• Units: 225
• Lender: U.S. Bank
• Landlord: Amstar Group
• Brokers: Geoff Goldstein & Christopher Pratt - JLL
• Loan Type: Acquisition

Key individuals involved in this transaction include Geoff Goldstein and Christopher Pratt who represent JLL as brokers for the Amstar Group, the landlord associated with the property acquisition.