Thursday, 23 May 2019

Glenwood refinances another UES tower with a $102M loan

The deals between Prudential and Glenwood are continuing to hum along. Prudential Multifamily Mortgage has provided Glenwood with a $102 million loan backed by Fannie Mae to refinance their residential property at 1365 York Avenue, according to property records. The residential property is located by East 73rd Street and known as The Somerset. It stands 37 stories tall and contains 490 units, and rentals go for an average price of about $4,500, according to StreetEasy. […]



source https://therealdeal.com/2019/05/23/glenwood-refinances-another-ues-tower-with-a-102m-loan/

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