The Dermot Company Secures $355M Refinancing Loan for Upper West Side Apartments

Deal Summary

The Dermot Company, a multifamily investment manager, secured a new 10‑year $355 million loan from Mizuho Americas to refinance its 48‑story, 616‑unit apartment building at 21 West End Ave. The loan, executed through New York State Homes and Community Renewal, enhances liquidity and supports continued ownership of the property.