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Northwind Group Closes $45 Million Condo Inventory Loan For 120-Unit Condominium Building In The Upper West Side Of Manhattan At 175 West 95Th Street

Jul 13, 2022•about 3 years ago

Amount Raised

$45 Million

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Description

Northwind Group, a Manhattan based real estate private equity firm that invests primarily in debt instruments through its discretionary closed-ended debt funds, today announces the closing of a $45 million condo inventory loan for a 120-unit condominium building located in the Upper West Side of Manhattan at 175 West 95th Street. The Borrower is a joint venture between Meadow Partners, a vertically integrated private real estate investment firm based in New York and London, and Glacier Equities, a vertically integrated investment platform focused on acquiring residential assets across the five boroughs of New York City (NYC).

Company Information

Company

May Mobility

Location

Omaha, Nebraska, United States

About

Rush ReCommerce was founded with a mission to solve the challenge of large-scale returns from ecommerce. Doug Nielsen, Julie Mahloch, and Jeff DeRuiter wanted to create a sustainable solution to one of the largest growing ecommerce issues - returns & overstocks. Rush ReCommerce has created a solution with a meaningful connection between brands and consumers to unlock a circular economy of recovery for returns. Proprietary software and processing allow partners an opportunity to resell items for higher recovery value. With over 150 manufacturers and brands on the platform currently, Rush ReCommerce is on its way to being the industry leader in helping solve this ever-growing issue. For more information, please visit www.rushrecommerce.com or email us at info@rushrecommerce.com

Funding Insights

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