Biddle Real Estate Ventures, King Street Capital, and PCD Development secured a $237.5 million refinancing loan from Hudson Bay Capital for their Edge-on-Hudson project in Sleepy Hollow. The 70-acre waterfront development will feature 1,177 residential units, a 140-room hotel, and 16 acres of parkland. The new loan replaces prior construction financing and supports further progress, including The Daymark, a 100-unit luxury condo building, which is already 70 percent under contract. The multibillion-dollar project is transforming the former General Motors plant site into a major residential and commercial hub just 25 miles north of Manhattan. Walker & Dunlop arranged the financing.
Biddle Real Estate Ventures
