A joint venture between MFA 55 HY LLC (“Mitsui Member”) and 55 Hudson Yards Member LLC (“Hudson Yards Member”). Mitsui Member is indirectly owned by Mitsui Fudosan America, Inc. (“Mitsui”). The managing member and owner of Hudson Yards Member is Hudson Yards Gen-Par, LLC, a joint venture between Related Hudson Yards, LLC (“Related Member”) and Oxford Hudson Yards LLC (“Oxford Member”). Related Member is indirectly wholly-owned by The Related Companies, L.P. (“Related”) and Oxford Member is wholly-owned by OP Olympic Capital Corp (US), Inc. (“Oxford”, together with Mitsui and Related, the “Borrower Sponsor”)
Collateral
The Whole Loan is secured by a first-lien mortgage on the Borrower’s fee simple interest in 55 Hudson Yards, a newly constructed, 51-story, 1.4 million-square-foot, trophy office tower located within the Hudson Yards Development in New York, New York. The Whole Loan consists of 33 pari passu senior notes and three junior notes. A portion of the senior notes and the junior notes will be contributed to the Hudson Yards 2019-55HY Mortgage Trust. The remaining $434.5 million of senior notes are expected to be contributed to future securitization transactions.