Published: December 04, 2012
Press Release
HFF Arranges $130 Million Refinancing for Class A High-Rise Multi-Housing Community in Manhattan
NEW YORK - (BUSINESS WIRE) - HFF announced today that it has arranged a $130 million refinancing for
The Capitol at Chelsea, a luxury high-rise multi-housing community in
Manhattan.
Working exclusively on behalf of institutional investors advised by J.P.
Morgan Asset Management, HFF placed the seven-year loan with HSBC Bank
USA.
The Capitol at Chelsea is located at 55 West 26th Street in
Manhattan's Chelsea neighborhood. Completed in 2001, the 38-story tower
includes 387 residential units, 67,329 square feet of retail and office
space and a 140-space parking garage. Community amenities include a
state-of-the-art fitness center, expansive outdoor patios and concierge
services. The Capitol at Chelsea's commercial component is leased to
tenants including Starbucks, Valley National Bank, Tutor Time and Beth
Israel Hospital.
To read the complete release at NewsBlaze,
HFF Arranges $130 Million Refinancing for Class A High-Rise Multi-Housing Community in Manhattan,
Click here
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