Daily limit: 0/10
Stellar Management Secures $95M Refinance Loan From West End Lender LLC For Multifamily Asset
FINANCED
$95,000,000
New York
See Similar DealsMultiFamily279,316 SF
Financed 06/26/2025
FINANCED
Stellar Management Secures $95M Refinance Loan From West End Lender LLC For Multifamily Asset
666 West End Avenue
See Similar DealsMultiFamily279,316 SF
Financed 06/26/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$340
Total Square Footage:279,316 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 666 West End Avenue in the Upper West Side of Manhattan, featuring a considerable square footage of 279,316. The property has undergone refinancing with a new loan amounting to $95,000,000, which replaces a previous loan of $119,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $95,000,000
- Previous Loan Amount: $119,000,000
- Address: 666 West End Avenue
- Market: Upper West Side, Manhattan
- Landlord: Laurence Gluck
- Company: Stellar Management
- New Lender: West End Lender LLC
Key individuals involved in this transaction include Laurence Gluck, who serves as the landlord and is associated with Stellar Management, while the refinancing was facilitated through West End Lender LLC, indicating a strategic financial move in managing the property's debt structure.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$95,000,000.00
Monthly NOI$633,333.33
Monthly Debt Service$600,464.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions