Nearly two years after finishing construction on one of Hell’s Kitchen’s largest rental buildings, Taconic Investment Partners and Mitsui Fudosan America have taken out permanent financing for their Far West Side project. The joint-venture partners locked in $200 million in long-term debt for the 392-unit, mixed-income apartment building at 525 West 52nd Street that they completed in 2017, according to the brokers who arranged the financing. Wells Fargo Multifamily Capital provided the fixed-rate debt through a […]
source https://therealdeal.com/2019/01/29/taconic-mitsu-fudosan-land-200m-loan-for-hells-kitchen-apartment-building/
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