Last week in loans review

There were 77 commercial loans given or refinanced that were recorded last week, totaling $2.2 billion.

The largest was a $565 million acquisition loan given to 601W Companies by JPMorgan Chase to purchase 460 West 34th Street in Hudson Yards.

The next move valuable loan was $212.5 million which the New York City Housing Authority arranged for L+M Development Partners, and secured by the developer’s 65 East 149th Street in the Bronx.

JPMorgan financed three of the top five loans of the week, totaling $804 million.

PincusCo tracked eight loan assignments, including two above $50 million. The larger was Argent Ventures acquiring a loan with a $195 million face value secured by Vornado Realty Trust’s Times Square hotel, and the other was a Waterfall Asset Management fund which picked up a loan with an original principal of $75 million, secured by a Long Island City office conversion project.