Walker & Dunlop, Inc. announced on April 15, 2025, that it arranged $237.5 million in financing for Edge-on-Hudson, a 70-acre transit-oriented mixed-use community, and The Daymark, a premier 5-story luxury condominium within the development. Both properties are located along the Hudson River in Sleepy Hollow, New York.
The Walker & Dunlop New York Capital Markets team, including Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Sean Reimer, Dustin Stolly, Jordan Casella, Christopher de Raet, and Stanley Cayre, acted as exclusive advisors to King Street Capital Management and Biddle Real Estate Ventures (BREV). Hudson Bay Capital provided the funding.
Edge-on-Hudson is a transformative development set to include 1,177 residential units, 135,000 square feet of retail, 35,000 square feet of office space, a 140-room boutique hotel, and over 16 acres of parkland. The Daymark, a 100-unit luxury condominium, has experienced strong demand with over 70% of residences under contract since construction began in summer 2022.
Peter Chavkin, managing member at BREV, stated that this financing emphasizes the tremendous progress at Edge-on-Hudson and the market’s strong confidence in their vision. The project promotes a live-work-play environment with easy access to Manhattan via nearby Metro-North stations.
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