FINANCED
Baupost's Seth Klarman Provides $400M Equity Loan For 200,000 SF Multifamily In West Village
570 Washington Street
MultiFamily
200 SF
200 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
200 sqft
Located in the West Village, the multifamily property at 570 Washington St. was recently involved in a closed transaction. With a total square footage of 200,000, this property offers a significant opportunity in the market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $400,000,000
- Address: 570 Washington St.
- Market: West Village
The deal was facilitated by Baupost, with Seth Klarman representing the lending side. The loan provided for this transaction was an equity loan amounting to $400,000,000. On the other hand, Atlas Capital, led by Jeff Goldberger, Arthur Zeckendorf, Will Zeckendorf, and Artie Zeckendorf, acted as the landlord in this transaction. Newmark brokers Jordan Roeschlaub and Dustin Stolly played significant roles, representing the parties involved in the deal.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Jeff Goldberger, Seth Klarman, Will Zeckendorf, Jordan Roeschlaub, Artie Zeckendorf, Dustin Stolly & Arthur Zeckendorf
DATE: 07/08/2022
ADDRESS: 570 Washington St.
MARKET: West Village
ASSET TYPE: Multifamily ~ SF: 200,000
LENDER: Baupost - Seth Klarman
LANDLORD: Atlas Capital - Jeff Goldberger, Arthur Zeckendorf, Will Zeckendorf & Artie Zeckendorf (@Azeck3)
BROKERS: Jordan Roeschlaub (@JordyRoeschlaub) & Dustin Stolly - Newmark (@Newmark)
LOAN AMOUNT: $400,000,000
LOAN TYPE: EquityView on map
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Address570 Washington Street
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