RXR and Korman Communities have secured $269 million in refinancing for Hamilton Green, the recently completed 477-unit luxury multifamily development in downtown White Plains, New York. Provided by Blackstone Real Estate Debt Strategies and Canyon Partners Real Estate, the financing comes as the property nears full lease-up less than a year after opening, reflecting continued demand for transit-oriented housing in Westchester County. Located on the former White Plains Mall site, Hamilton Green features studio- to three-bedroom apartments alongside a range of amenities and direct access to Metro-North service into Manhattan.
“The successful refinancing of Hamilton Green reflects the strength of the RXR platform and our ability to execute across the full lifecycle of a complex development — from entitlement and construction through lease-up and stabilization,” said Scott Rechler, Chairman and CEO of RXR.
