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Walker & Dunlop Inc. Arranges $160M Bridge Loan For Yonkers Mixed-Use Property

45 Main Street
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This Mixed-use property located in NY received a loan of $160,000,000 over 2 years ago. The brokers of the deal were Michael Ianno, Adam Schwartz, Sean Bastian, Keith Kurland, Jonathan Schwartz, and Aaron Appel

Located at 45 Main St in Yonkers, this mixed-use property recently closed in a transaction. The property comprises 438 units, making it a significant asset in the market.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $160,000,000
  • Address: 45 Main St
  • Market: Yonkers
  • Units: 438

The loan for this transaction was secured through Mesa West Capital. The bridge loan, amounting to $160,000,000, has non-recourse and floating rate terms for a period of five years.

The landlord of this property is @RXR_Realty. The deal was facilitated by brokers Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Michael Ianno, and Sean Bastian from Walker & Dunlop Inc.

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Deals
  • Location
    45 Main St, Yonkers, NY, USA45 Main St, Yonkers, NY, USA
  • Loan Value
    $160,000,000$160,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    6 Brokers, 1 Agency6 Brokers, 1 Agency

Agents

Sean Bastian

Sean Bastian

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Financed$1.6B

Michael Ianno

Michael Ianno

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Financed$1.3B

Keith Kurland

Keith Kurland

Deals80
Financed$12.8B

Adam Schwartz

Adam Schwartz

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Financed$11B

Aaron Appel

Aaron Appel

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Financed$15.1B

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals609
Volume$76.5B

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Deal Summary

LOAN IMAGE: Adam Schwartz, Keith Kurland, Michael Maturo, Jonathan Schwartz, Scott Rechler, Aaron Appel, Michael Ianno & Sean Bastian DATE: 11/2021 ADDRESS: 45 Main St. MARKET: Yonkers ASSET TYPE: Mixed-use ~ UNITS: 438 LENDER: Mesa West Capital LANDLORD: @RXR_Realty BROKERS: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Michael Ianno & Sean Bastian - Walker & Dunlop Inc. LOAN AMOUNT: $160,000,000 LOAN TYPE: Bridge loan LOAN TERMS: 5-year, floating rate non-recourse

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45 Main Street

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