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Tishman, PIMCO JV closes on $60M loan for Charlie West condo acquisition


BHI has provided $60 million in financing for the bulk acquisition of 70 residential condominium units in the Charlie West building, located at 505 West 43rd Street in Hell’s Kitchen. 
The borrower is a joint venture of Tishman Realty & Construction and PIMCO, which is acquiring the units, totaling 76,897 s/f, from Charlie West developer, the Elad Group for $87.37 million
Completed in 2019, Charlie West (pictured top) rises 16 stories and has 123 units.  Apartment interiors feature open living rooms, floor to ceiling windows, wide-plank oak wood floors, marble en-suite bathrooms and stainless steel appliances.  The building has an indoor/outdoor pool, rooftop terrace, fitness center, library, residents’ lounge, children’s playroom and bike storage.  BHI had provided construction financing for the project. ....

Obaid Kahn , Ilana Druyan , Charlie West , Tishman Realty Construction , Tishman Realty , Elad Group , Head Of International Originations Real Estate , Midtown West , Vice President , International Originations Real , சார்லி மேற்கு , டிஷ்மேன் ரியல்டீ கட்டுமானம் , டிஷ்மேன் ரியல்டீ , எலத் குழு , மிட் டவுன் மேற்கு , துணை ப்ரெஸிடெஂட் ,