Joe Moinian Of The Moinian Group Lands $188 Million Refinance Loan For Multifamily Asset In Miami

The property asset involved in this transaction is a multifamily asset located at 650 Northeast 22nd Street in the Miami market, consisting of 434 units. The transaction involves a refinance loan amount of $188,000,000 facilitated by prominent lenders.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $188,000,000
• Lender: Stephen A. Schwarzman & Jon Gray - Blackstone
• Landlord: Joe Moinian - The Moinian Group
• Landlord's Representative: Drew Fletcher, Bryan Grover, Jesse Kopecky & Ryan Cohen - Greystone

This transaction highlights the involvement of high-profile individuals and companies, showcasing the prominent figures such as Stephen A. Schwarzman and Jon Gray representing Blackstone, and Joe Moinian representing The Moinian Group in managing the asset with the support of their brokers from Greystone.