Walker & Dunlop Secures $237.5 Million Financing for Edge-on-Hudson and The Daymark in Sleepy Hollow, New York
Walker & Dunlop, a leading commercial real estate finance company, recently announced the successful arrangement of $237.5 million in financing for Edge-on-Hudson, a 70-acre transit-oriented mixed-use community, and The Daymark, a premier luxury condominium, located in Sleepy Hudson, New York. This significant financing deal was facilitated by the Walker & Dunlop New York Capital Markets team, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Sean Reimer, and Dustin Stolly.
Edge-on-Hudson: A Transit-Oriented Mixed-Use Community
Edge-on-Hudson is a large-scale, transit-oriented development that spans 70 acres along the Hudson River. The community includes a diverse mix of residential, office, retail, and cultural spaces, designed to promote walkability and sustainability. This financing will enable the continued development of this ambitious project, which is expected to create new jobs and contribute to the local economy.
The Daymark: A Premier Luxury Condominium
The Daymark is a 5-story luxury condominium located within the Edge-on-Hudson development. The building offers stunning views of the Hudson River and features high-end amenities such as a rooftop pool, fitness center, and concierge services. With this financing, The Daymark will be able to move forward with construction, providing future residents with a desirable living experience in a prime location.
Impact on Individuals
For individuals living in or moving to the Sleepy Hollow area, the completion of Edge-on-Hudson and The Daymark represents an exciting opportunity for new jobs, increased economic activity, and access to high-quality housing. The development’s transit-oriented design also makes it an attractive option for those who value convenience and walkability.
Impact on the World
On a larger scale, this financing deal highlights the growing trend towards transit-oriented development and the demand for sustainable, mixed-use communities. The success of Edge-on-Hudson and The Daymark is expected to influence future real estate projects, encouraging developers to prioritize walkability, access to public transportation, and the creation of vibrant, livable spaces.
Conclusion
Walker & Dunlop’s recent financing of $237.5 million for Edge-on-Hudson and The Daymark in Sleepy Hollow, New York, marks an important milestone in the development of this transit-oriented community. The financing will enable the continued growth of Edge-on-Hudson and the completion of The Daymark, providing new jobs, economic activity, and high-quality housing for residents. Additionally, the success of this project is expected to influence future real estate developments, promoting sustainable, walkable communities that prioritize transit and access to amenities.
- Walker & Dunlop secures $237.5 million financing for Edge-on-Hudson and The Daymark in Sleepy Hollow, New York
- Edge-on-Hudson is a 70-acre transit-oriented mixed-use community along the Hudson River
- The Daymark is a 5-story luxury condominium located within Edge-on-Hudson
- Financing will enable continued development and completion of The Daymark
- Impact on individuals: new jobs, economic activity, and desirable housing
- Impact on the world: trend towards transit-oriented development and sustainable communities
