facebook
Traded Co logo
Submit

Deutsche Pfandbriefbank Provides $123.4M Refinance Loan For Meatpacking District Retail Property

Property Image
FINANCED
$123,400,000

New York

See Similar Deals
Retail74,496 SF
Financed 04/01/2022
the dealplayerscompscontact
Property Image
FINANCED

Deutsche Pfandbriefbank Provides $123.4M Refinance Loan For Meatpacking District Retail Property

809 Washington Street, New York City, New York 10014, United States

See Similar Deals
Retail74,496 SF
Financed 04/01/2022
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,656
Total Square Footage:74,496 SF
Transaction Type:Loan

809 Washington St. in the Meatpacking District has been refinanced with a loan amount of $123,400,000. The retail property spans 74,496 square feet and is owned by Aurora Capital Associates, represented by Bobby Cayre. The loan was provided by Deutsche Pfandbriefbank, with Andreas Arndt, David McNeill, Andrew Fleming, and Jason Deck overseeing the transaction. The brokers responsible for the deal were Jordan Roeschlaub and Dustin Stolly from Newmark.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $123,400,000
  • Address: 809 Washington St.
  • Market: Meatpacking District
  • Landlord: Aurora Capital Associates - Bobby Cayre
  • Lender: Deutsche Pfandbriefbank - Andreas Arndt, David McNeill, Andrew Fleming, and Jason Deck
  • Brokers: Jordan Roeschlaub and Dustin Stolly - Newmark

The refinancing deal for 809 Washington St. involved key individuals such as Bobby Cayre from Aurora Capital Associates, who represented the landlord. Deutsche Pfandbriefbank provided the loan, and the transaction was facilitated by brokers Jordan Roeschlaub and Dustin Stolly from Newmark.

Players

Dustin Stolly
267 deals$49.4B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
324 deals$97.5B volume
BROKER

Deutsche Bank
LENDER

Bobby Cayre
Aurora Capital Associates
12 deals$981.4M volume
LANDLORD

Details

FINANCED
IMAGE: Bobby Cayre, Jordan Roeschlaub & Dustin Stolly DATE: 04/01/2022 ADDRESS: 809 Washington St. MARKET: Meatpacking District ASSET TYPE: Retail ~ SF: 74,496 LENDER: Deutsche Pfandbriefbank - Andreas Arndt, David McNeill, Andrew Fleming, & Jason Deck LANDLORD: Aurora Capital Associates (@AuroraCapitalRE) - Bobby Cayre (@BobCNy) BROKERS: Jordan Roeschlaub (@JordyRoeschlaub) & Dustin Stolly - Newmark (@NewMark) LOAN AMOUNT: $123,400,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$123,400,000.00

Monthly NOI$822,666.67
Monthly Debt Service$779,971.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00