Farallon Capital Management And Hal Fetner Refinanced Yorkville Multifamily With $46.4M Loan From Trimont
85 East End Avenue
$46,400,000
$273/SF
Building Size
169,386 SF
Asset Type
MultiFamily
Closing
Feb 10, 2026
AI
The asset involved in this transaction is a multifamily residential building located at 85 East End Avenue in the Yorkville neighborhood of Manhattan. The property encompasses a total square footage of 169,386 and consists of 155 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $46,400,000
- Lender: Bill Sexton - Trimont
- Landlord: Farallon Capital Management & Hal Fetner - Fetner Properties
- Loan Type: Refinance
This financing deal was orchestrated by Farallon Capital Management and Fetner Properties, who sought to replace prior debt from Brookfield. Bill Sexton represented Trimont in providing the $46.4 million loan for the refinancing effort.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93