A&E Real Estate Holdings Refinances Multifamily Property In Upper West Side With $138M Loan From MF1 Capital

An multifamily property located at 575 Amsterdam Avenue in the Upper West Side of Manhattan has recently undergone a loan refinance transaction. The property, which spans an impressive 324,992 square feet and consists of 266 units, is owned by A&E Real Estate Holdings.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $138,000,000
• Address: 575 Amsterdam Avenue
• Market: Upper West Side, Manhattan
• Square Footage: 324,992
• Units: 266

The loan for the property refinance was provided by MF1 Capital. The borrowers, A&E Real Estate Holdings, sought a loan amount of $138,000,000 from MF1 Capital to refinance the property. The transaction, which successfully concluded on 08/03/2022, allowed A&E Real Estate Holdings to secure favorable financing terms for the multifamily asset on Amsterdam Avenue.