Rose Associates Secures $213 Million Construction Loan For 468-Unit Multifamily Development In White Plains
New York
See Similar DealsRose Associates Secures $213 Million Construction Loan For 468-Unit Multifamily Development In White Plains
440 Hamilton Avenue
See Similar DealsSummary
The property asset involved in this transaction is a multifamily asset located at 440 Hamilton Avenue in White Plains. It encompasses 392,164 square feet and consists of 468 units. The total loan amount for this construction project is $213,000,000, facilitated by ARES and Artemis Realty Capital, with Rose Associates acting as the landlord.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $213,000,000
- Address: 440 Hamilton Avenue
- Market: White Plains
- Asset Size: 392,164 SF
- Units: 468
- Lender: ARES & Artemis Realty Capital
- Landlord: Rose Associates
- Brokers: Adam Doneger, Christopher Kramer, Adam Spies, Jordan Roeschlaub, Joshua King, Michael Collins, Chris Lozinak & Gene Pride - Newmark
The transaction features a collaboration of several brokers, including Adam Doneger and Christopher Kramer, who played a pivotal role in facilitating the loan. Other brokers involved include Adam Spies, Jordan Roeschlaub, Joshua King, Michael Collins, Chris Lozinak, and Gene Pride, all representing Newmark in this deal.
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