New York Life Real Estate Investors, on behalf of New York Life Insurance Company, announced the financing of a $55 million second mortgage loan secured by West End Towers, a 1,000 unit Class A apartment community in the Upper Westside of Manhattan.
The apartment project is owned by an affiliate of The Brodsky Organization.
West End Towers offers river and city views. and a short walk to Lincoln Square.
“West End Towers is an outstanding multifamily project, located in one of New York City’s most sought after residential markets,” said Mark Young, Senior Director in New York Life Real Estate Investors’ New York Regional Office.
“We are pleased to continue our long term relationship with The Brodsky Organization, a premier real estate developer and operator.”
Brodsky borrows on West End Towers
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