Financing
USAA Real Estate lands $168.5M Refi for 535 West 43rd Street
Published on
Pacific Coast Capital Partners provided the debt
Patrinely Group, DHA Capital, and USAA Real Estate Co. have secured $168.5 million from Pacific Coast Capital Partners (PCCP) to refinance 535 West 43rd Street. The multi-family property spans 265,000 square feet, and contains 280 apartments.
Property Details: The newly built apartment building sits between 10th and 11th Avenues in Hell’s Kitchen.
Financing Breakdown: The debt consolidates and replaces a loan provided by Helaba in 2014. PCCP also provided a new $62.9 million gap mortgage, according to CO.
