95 Horatio: Modern Multifamily Living in the Historic West Village
Strategic refinance for a high-value mixed-use multifamily property
Located in Manhattan’s vibrant West Village neigborhood, 95 Horatio is a 317-unit property blending historic charm with modern living. Through conventional financing backed by Fannie Mae, this deal supports long-term housing stability in one of the most competitive rental markets. The transaction reflects the strength of the DUS® model, helping borrowers achieve their goals while meeting evolving market needs.
A financing structure tailored to a complex asset
To support continued operations and long-term stability, Fannie Mae partnered with DUS® Lender Wells Fargo to structure a competitively priced $230 million refinancing. The transaction required a thoughtful approach to the property’s commercial component, ensuring the financing solution aligned with both the sponsor’s goals and the building’s unique mixed use profile.
Rate lock delivered certainty in a shifting market
In an environment of shifting rates and heightened market competition, the borrower leveraged Fannie Mae’s Rate Lock feature. This strategic move helped the sponsor manage interest rate exposure, protect long-term cash flow, and ensure the refinancing aligned with both market dynamics and asset needs.
Supporting housing in a competitive market
Through this execution, Fannie Mae helped preserve a historic and culturally significant property while reinforcing the availability of high-quality rental housing in one of the city’s most supply constrained submarkets. The refinancing reflects the core strengths of the DUS® model—reliability, speed, flexibility, and partnership.
Additional Resources
Conventional properties financing
Permanent financing option for the acquisition or refinance of conventional multifamily properties.
Streamlined Rate Lock
Borrowers manage interest rate risk, while keeping flexibility and speed to rate lock.
Explore more deals
See how we’re delivering results and view more deal spotlights.