Walker & Dunlop announced that it arranged $237.5 million in financing for Edge-on-Hudson, a transit-oriented mixed-use community spanning 70 acres, and The Daymark, a premier five-story luxury condominium located within the Edge-on-Hudson development along the Hudson River, in Sleepy Hollow, N.Y.
The Walker & Dunlop New York Capital Markets team arranged the refinancing package as exclusive advisers to King Street Capital Management and Biddle Real Estate Ventures (BREV), with Hudson Bay Capital providing the funding.
Edge-on-Hudson is a transformative, 70-acre mixed-use development 25 miles north of Manhattan and is set to include 1,177 residential units comprising townhomes, condominiums and apartments, along with 135,000 square feet of retail space, 35,000 square feet of office space, a 140-room boutique hotel and more than 16 acres of parkland. Designed as a sustainable, walkable community with river views, it promotes a live-work-play environment with ame