NEW YORK CITY–Mesa West Capital has provided Benchmark Real Estate Group with a $17 million first mortgage loan to facilitate the acquisition and repositioning of a West Village mixed-use apartment building. The financing was brokered by Jon Estreich, principal and Chris Barnet, broker, Estreich & Co. Inc.

The loan was secured by 455-457 Hudson, a six-story, 26,400 gross square-foot mixed-use apartment building containing 38 residential units and 2 retail stores. Part of the loan proceeds have been earmarked to allow Benchmark to immediately begin in-unit and base building upgrades, in order to to improve the building’s marketability. 

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.