Natixis provided the debt
Elliot Neumann’s Acuity Capital has secured $95 million from Natixis Real Estate Capital to refinance 212 West 91st Street. The Upper West Side rental building spans 214,011 square feet, and contains 363 apartments.
Financing Breakdown: The new loan replaces $88.4 million in previous financing from Santander Bank. Natixis also assumed the unpaid balance of $80.3 million from the previous mortgage, and provided a $14.6 million gap mortgage, according to TRD.
Flashback: Acuity paid $139.1 million for the property in 2013.