USAA Real Estate, PGGM & The Dermot Company Refinances Multifamily Property In Hudson Yards For $150M

520 W. 43rd St., located in the Hudson Yards neighborhood of Midtown West, is a multifamily property with 249,332 square feet and 370 units. The property was involved in a refinance transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $150,000,000
• Address: 520 W. 43rd St.
• Market: Hudson Yards, Midtown West
• Square Footage: 249,332
• Units: 370

Cushman & Wakefield represented various parties in the deal. Gideon Gil, Kempton Coady, and Zachary Kraft from Cushman & Wakefield served as the brokers in the transaction, representing the interests of the lender, Helaba, and the landlord, USAA Real Estate, PGGM, and The Dermot Company.