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New York & Tri-State  + Midtown New York  + Finance  | 
Parkview Financial provided a $207-million loan for the acquisition and redevelopment of the Hudson Hotel in Midtown Manhattan

Northwind Group Provides $100M A-Note for Former Hudson Hotel in Midtown 

Northwind Group, a New York-based real estate debt fund manager and private equity firm, has provided a $100 million senior A-Note as part of a $207 million senior lease-hold mortgage for the Hudson Hotel.  

Located at 358 West 58th Street, the 24-story former hotel is currently undergoing conversion into 441 multifamily units and 51,474 square feet of retail space. The property was originally capitalized by Montgomery Street Partners and Parkview Financial in 2022.  

Northwind Group provided the loan as part of its recently launched A-Note financing product. It offers senior tranche capital stacks for residential deals nationwide with a loan size of $50 million and above. “Northwind Group is excited to provide our A-Note loan, as we recognize a big gap in the market for financing due to commercial banks stepping back from regulatory and macro issues,” said Ran Eliasaf, founder and managing partner of Northwind Group.  


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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Financing
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