895 Broadway, New York

One of the premier Equinox locations in the country, 895 Broadway was stable and leased for the long term, with the Sponsor seeking longer financing than the traditional 10 year offerings.

Excel was able to leverage the strong New York location and stabilized nature of the asset to generate substantial interest, ultimately arranging for a $65,000,000 non-recourse financing from a life company lender.

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