Brookfield Properties Refinances Greenpoint Mixed Use Property For $330M

Two Blue Slip, a mixed-use property located in Greenpoint, has recently undergone a significant transaction. The property encompasses 421 units and spans across 22.0 acres. The deal, facilitated by MF1 Capital, involved a refinancing loan amount of $330,000,000, with a 5-year, floating-rate term.

Summary of transaction details

• Property Type: Mixed use
• Transaction Amount: $330,000,000
• Address: Two Blue Slip
• Market: Greenpoint
• Units: 421
• Acres: 22.0

Brookfield Properties, represented by Bruce Flatt and Brian Kingston, served as the landlord in this transaction. CBRE's Tom Traynor, James Millon, Mark Finan, and PJ Finley acted as the brokers. Their expertise and negotiation skills played a crucial role in facilitating the deal.