NEW ROCHELLE, N.Y. — Berkadia has arranged a $126.4 million refinancing loan for Two Clinton Park, a 28-story, 390-unit luxury tower in New Rochelle that was completed in 2024. The Westchester County community is 93 percent occupied. RXR and Bridge Investment Group were the borrowers for the Fannie Mae near-stabilization loan. Located at 50 Clinton Place, Two Clinton Park features studios and one- and two-bedroom units ranging from 461 to 1,197 square feet as well as penthouse residences. Amenities include coworking lounges, a fitness center, hot tub and sauna, screening room, pet spa, landscaped outdoor terraces with grilling stations and fire pits and concierge services. Toast Coffee + Kitchen, a brunch restaurant, recently signed a lease for 5,000 square feet on the ground floor of the building.
RXR and Bridge Investment Group have obtained a $126.4 million Fannie Mae near-stabilization refinancing loan for Two Clinton Park (390 units) in New Rochelle, N.Y.
Berkadia Arranges $126.4M ReFi for Two Clinton Park in New Rochelle, New York
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