USAA Real Estate, PGGM & The Dermot Company Refinances Multifamily Property In Hudson Yards For $150M | 520 West 43rd Street | Helaba | Kempton Coady, Zachary (Zach) Kraft, Gideon Gil | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

249,332 sqft

520 W. 43rd St., located in the Hudson Yards neighborhood of Midtown West, is a multifamily property with 249,332 square feet and 370 units. The property was involved in a refinance transaction.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $150,000,000
Address: 520 W. 43rd St.
Market: Hudson Yards, Midtown West
Square Footage: 249,332
Units: 370

Cushman & Wakefield represented various parties in the deal. Gideon Gil, Kempton Coady, and Zachary Kraft from Cushman & Wakefield served as the brokers in the transaction, representing the interests of the lender, Helaba, and the landlord, USAA Real Estate, PGGM, and The Dermot Company.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$435M Sold

Executive Managing Director

$1.8B Sold

Cushman & Wakefield

Helaba

Details

Deal Summary

FINANCED

IMAGE: Gideon Gil, Kempton Coady & Zachary Kraft DATE: 07/29/2022 ADDRESS: 520 W. 43rd St. MARKET: Hudson Yards, Midtown West ASSET TYPE: Multifamily ~ SF: 249,332 ~ UNITS: 370 LENDER: Helaba LANDLORD: USAA Real Estate, PGGM & The Dermot Company BROKERS: Gideon Gil, Kempton Coady & Zachary Kraft - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $150,000,000 LOAN TYPE: Refinance

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Address520 West 43rd Street

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