Newmark has arranged an $85 million refinancing for 300 Lafayette St., a boutique mixed-use property located at one of the heavily trafficked corners in Manhattan’s SoHo neighborhood. The new loan was secured on behalf of InterVest Capital Partners, with Hudson Bay Capital providing the financing.
The property combines office and retail uses in a recently built structure designed by COOKFOX. Newmark’s debt and structured finance team led the assignment, with Co-Head of Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani, Managing Director John Caraviello and Associate Director Ryan Bub working on the transaction for the borrower.
The office component of 300 Lafayette St. totals 63,000 square feet and is fully occupied. Microsoft serves as the building’s office anchor and leases the entire office portion of the property, underscoring strong tenant demand for modern boutique space in this location. The overall building comprises 82,000 square feet, with the balance of the space dedicated to street-level and lower-level retail.
On the retail side, the tenancy includes Neko Health, New Era and Goldwin, adding a mix of health, lifestyle and apparel concepts to the property’s ground-floor offering. This combination of a major technology anchor on the upper floors and branded retail tenants on the lower levels positions the asset as a stable mixed-use property within the SoHo submarket.
Newmark’s team highlighted the depth and competitiveness of lender interest for the refinancing, noting that Hudson Bay Capital, led by Zach Cion, ultimately delivered a solution that provided speed and execution certainty for InterVest Capital Partners. The transaction reflects continued engagement from capital providers for well-leased, design-forward assets in core New York City neighborhoods.
300 Lafayette St. sits in Lower Manhattan’s SoHo district, an area known for its high pedestrian volumes and concentration of retail and office users. With the office space fully leased to a single global technology tenant and a roster of retail brands in place, the refinancing provides updated capital for the sponsor while the property’s current tenancy remains stable.
The deal underscores the role of advisory teams in sourcing financing for mixed-use properties that pair boutique office product with experiential and brand-focused retail. While specific loan terms beyond proceeds and lender identity were not disclosed, the closing demonstrates that capital remains available for fully leased, institutionally sponsored assets in established urban submarkets.
