Hub has successfully secured a $420 million recapitalization advised by Walker & Dunlop. This funding allows Steiner NYC to buy out their equity partner, J.P. Morgan Asset Management, and gain full control of the prestigious property in Brooklyn.

Mar 13, 2025•5 months ago

Amount Raised

$420 Million

LondonFinancial Services

Investors

J.P. Morgan Asset ManagementMeadow Partners

Description

Walker & Dunlop, Inc. has announced the successful $420 million recapitalization of Hub, a high-rise multifamily building in downtown Brooklyn. The Walker & Dunlop Capital Markets team, led by Aaron Appel and others, advised Steiner NYC in this strategic move to buy out J.P. Morgan Asset Management

Company Information

Company

HUB

Location

London, England, United Kingdom

About

Outset Global provides trading services to hedge funds, asset managers and family offices, equipping them with a cost-effective solution for their trading needs across the global equity markets. They run an efficient, accretive model that simplifies and streamlines trading operations while increasing market access. Independent and broker-neutral, they deliver Best Execution for their clients around the world.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Hub has successfully secured a $420 million recapitalization advised by Walker & Dunlop. This funding allows Steiner NYC to buy out their equity partner, J.P. Morgan Asset Management, and gain full control of the prestigious property in Brooklyn.

Investors

Description

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Funding Insights

Company Information