Hank Freid obtained financing of $9M from Bank OZK

Hank Freid through the entity Helms Realty Corp. as borrower signed a loan agreement with lender Bank OZK F/K/A Bank Of The Ozarks valued at $9.2 million for 1 parcel, including the tax class transient occupancy hotel in midtown Manhattan area (H3) at 2651 Broadway in Upper West Side. The deal closed on August 02, 2019 and was recorded on August 26, 2019.
The property contains a total of 36,730 square feet of built space. The property has 8,400 square feet of available development rights.
The average loan per buildable square foot is $203.

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