FINANCED
GFP Properties, Rockwood & Metroloft Secure $500M Construction Loan For 25 Water Street Multifamily In Manhattan
25 Water Street
MultiFamily
1,100,000 SF
1,100,000 SF
Financed 1 year ago
Summary
Loan
MAINE
MultiFamily
1,100,000 sqft
The property involved in this transaction is a multifamily asset located at 25 Water Street in Manhattan. It has a total square footage of approximately 1,100,000 and comprises 1,200 units. The landlords of the property are GFP Properties, Rockwood, and Metroloft.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $500,000,000
- Lender: MSD Capital
- Brokers: Brett Siegel, Evan Layne, Dustin Stolly & Jordan Roeschlaub - Newmark
The loan for this transaction, valuing $500,000,000, was provided by MSD Capital. The loan type is specified as construction. The deal was facilitated by brokers Brett Siegel, Evan Layne, Dustin Stolly & Jordan Roeschlaub from Newmark.
Players
All
6
Agents
4
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Evan Layne, Brett Siegel, Jordan Roeschlaub, Dustin Stolly & Michael Dell
DATE: 11/03/2022
ADDRESS: 25 Water Street
MARKET: Manhattan
ASSET TYPE: Multifamily ~ SF: 1,100,000 ~ UNITS: 1,200
LENDER: MSD Capital (@MSDCapital)
LANDLORD: GFP Properties (@GFPRealEstate), Rockwood & Metroloft
BROKERS: Brett Siegel (@BSieges), Evan Layne (@EvanLayne), Dustin Stolly & Jordan Roeschlaub (@JordyRoeschlaub) - Newmark (@Newmark)
LOAN AMOUNT: $500,000,000
LOAN TYPE: ConstructionView on map
Loading...
Address25 Water Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want