Matthew B. Whalen Of Cord Meyer Development Company Secures $29.9 Million Loan For Multifamily Project In White Plains

The asset involved in the transaction is a multifamily property located at 70 Westchester Avenue in White Plains, New York, comprising 203 units. The transaction was supported by a mezzanine loan amounting to $29,900,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $29,900,000
• Lender: Siguler Guff & Company
• Landlord: Matthew B. Whalen - Cord Meyer Development Company
• Loan Type: Mezzanine

Siguler Guff completed this transaction to facilitate the construction of a luxury apartment project specifically designed for 203 units. The involvement of Matthew B. Whalen indicates his representation as the landlord through Cord Meyer Development Company.