Jonathan Rose Companies borrows $74M from Hunt Real Estate Capital for multifamily property in the Upper West Side

Jonathan Rose Companies through the entity RAHFIV Tower West, LLC as borrower signed a loan agreement with lender Hunt Real Estate Capital through the entity Hunt Mortgage Capital, LLC valued at $74.5 million for 1 parcel, including the tax class condominium and containing 217 residential units at Tower West at 65 West 96th Street in the Upper West Side. The deal closed on March 17, 2020 and was recorded on March 19, 2020.
The property contains a total of 302,399 square feet of built space.
The average loan per unit is $343,116.
Jonathan Rose acquired the property on the same day. See the sale story for more information.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link