Simon Baron Development Group Secures $105M Loan For 393 W End Ave Rental On UWS

The rental property located at 393 W End Ave in the Upper West Side (UWS) was recently involved in a closed transaction. The property, owned by Simon Baron Development Group, was financed by M&T Bank with a loan amount of $105,000,000. The property spans approximately 134,000 square feet and consists of 114 units. Ayush Kapahi from HKS Real Estate Advisors represented the parties involved in the deal.

Summary of transaction details

• Property Type: Rental
• Transaction Amount: $105,000,000
• Address: 393 W End Ave
• Market: UWS
• Square Footage: 134,000
• Units: 114
• Lender: M&T Bank
• Landlord: Simon Baron Development Group
• Broker: Ayush Kapahi - HKS Real Estate Advisors

This transaction showcases the collaborative effort of the parties involved, including the property owner, Simon Baron Development Group, and the financing provided by M&T Bank. Ayush Kapahi of HKS Real Estate Advisors played a significant role as the broker representing the parties throughout the deal.