Square Mile Capital Provides $55M Refinance Loan To Multifamily Property At 517 West 29th Street, West Chelsea Arts District | 517 West 29th Street | Square Mile Capital | Peter (Pete) Rotchford, Christopher (Chris) Peck | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

70,280 sqft

The property involved in this closed transaction is a multifamily asset located at 517 West 29th Street in the West Chelsea Arts District. The property spans an impressive 70,280 square feet.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $55,000,000
Address: 517 West 29th Street
Market: West Chelsea Arts District

Churchill Real Estate, represented by Justin Ehrlich and Sorabh Maheshwari, acted as the landlord in this transaction. The property was refinanced through a loan provided by Square Mile Capital. Christopher Peck and Peter Rotchford, from JLL, served as the brokers involved in the deal.

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Players

All
4

Agents
2
Agencies
1
Lenders
1

Peter (Pete) Rotchford

Senior Director

$217.7M Sold

Christopher (Chris) Peck

Senior Managing Director

$146.1M Sold

Details

Deal Summary

FINANCED

IMAGE: Peter Rotchford, Sorabh Maheshwari, Justin Ehrlich & Christopher Peck DATE: 12/31/2021 ADDRESS: 517 West 29th Street MARKET: West Chelsea Arts District ASSET TYPE: Multifamily ~ SF: 70,280 LENDER: Square Mile Capital LANDLORD: Churchill Real Estate - Justin Ehrlich & Sorabh Maheshwari BROKERS: Christopher Peck & Peter Rotchford - JLL (@JLL) LOAN AMOUNT: $55,000,000 LOAN TYPE: Refinance

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Address517 West 29th Street

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