New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Invictus Secures $28M Financing on UWS Project
JLL Capital Markets secured $27.5 million in financing for 812-814 Amsterdam Ave., a newly constructed, 44-unit, 15-story, mixed-use property on Manhattan’s Upper West Side.
The firm represented the borrower, Invictus Real Estate Partners LLC and MJM Associate Contracting LLC, to secure the loan with MetLife. Proceeds were used to retire the original construction loan and mezzanine financing.
Completed in March 2020, 812-814 Amsterdam includes 12,302 square feet of retail space along with its 44 rental apartments. The commercial space is fully leased to the Learning Experience Academy, which occupies 11,125 square feet on the first, second and third floors; and to Sunshine Smiles Pediatric Dentistry, which occupies a 1,177-square-foot ground-floor space.
The JLL Capital Markets team representing the borrower was led by managing director Scott Aiese, senior director Peter Rotchford, VP Alex Staikos and analyst Andrew Cohen.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Development

