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New York & Tri-State  + Uptown/Bronx  + Finance  | 

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

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Development
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