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Glenwood Management Secures $231 Million Refinance Loan From NYS Housing Finance Agency In New York City

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New York

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MultiFamily461,229 SF
Leased 03/13/2025
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Glenwood Management Secures $231 Million Refinance Loan From NYS Housing Finance Agency In New York City

160 West 62nd Street

See Similar Deals
MultiFamily461,229 SF
Leased 03/13/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Total Square Footage:461,229 SF

The asset involved in this transaction is a Multifamily property located at 160 West 62nd Street in New York City. The refinancing loan amounted to $231,000,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $231,000,000.00
  • Loan Type: Refinance
  • Lender: NYS Housing Finance Agency
  • Landlord: Glenwood Management
  • Loan Date: 03/13/2025

The transaction was primarily facilitated by NYS Housing Finance Agency as the lender, and Glenwood Management acts as the landlord for the property. The deal reflects the financial dynamics within the New York City real estate market.

Players

LENDER

2 deals$170M volume
LANDLORD

Details

IMAGE: Gary Jacob DATE: 03/13/2025 ADDRESS: 160 West 62nd Street MARKET: Lincoln Square, Manhattan ASSET TYPE: Multifamily ~ SF: 461,229 ~ UNITS: 339 LENDER: NYS Housing Finance Agency LANDLORD: Gary Jacob - Glenwood Management LOAN AMOUNT: $231,000,000 LOAN TYPE: Refinance NOTE: Glenwood Management refinanced its 339-unit residential building at 160 West 62nd Street in Lincoln Square with a $231 million loan from NYS Housing Finance Agency, closing on March 13, 2025.

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