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Lalezarian Properties Secures $170M Construction Loan For Mixed-Use Project At 606 West 30th St

606 West 30th Street
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This Mixed-use property located in NY received a loan of $170,000,000 over 2 years ago.

The mixed-use property located at 606 West 30th Street in Hudson Yards has recently obtained a construction loan from Wells Fargo. The loan amount secured for this project is $170,000,000. The property, owned by Lalezarian Properties and represented by Kevin Lalezarian, is part of the dynamic Hudson Yards market.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $170,000,000
  • Address: 606 West 30th Street
  • Market: Hudson Yards
  • Asset Type: Mixed-use
  • Lender: Wells Fargo
  • Landlord: Lalezarian Properties - Kevin Lalezarian
  • Loan Type: Construction loan

This transaction was facilitated by Kevin Lalezarian, representing Lalezarian Properties, and Wells Fargo, who provided the construction loan for this mixed-use property in Hudson Yards.

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  • Location
    606 West 30th Street, Manhattan, New York, NY, USA606 West 30th Street, Manhattan, New York, NY, USA
  • Loan Value
    $170,000,000$170,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Lender1 Lender

Wells Fargo

Wells Fargo

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Volume$ 1.1T

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Deal Summary

LOAN IMAGE: Kevin Lalezarian DATE: 11/2021 ADDRESS: 606 West 30th Street MARKET: Hudson Yards ASSET TYPE: Mixed-use LENDER: Wells Fargo LANDLORD: Lalezarian Properties - Kevin Lalezarian LOAN AMOUNT: $170,000,000 LOAN TYPE: Construction loan

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