Deutsche Bank Provides $300M Inventory Loan For Multifamily Property In Financial District

The multifamily property located at 1 Wall Street in the Financial District, Manhattan has been involved in a closed transaction. The property spans an impressive 1,165,000 square feet and consists of 566 units, making it a significant asset in the area.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $300,000,000
• Lender: Deutsche Bank - Christian Sewing
• Landlord: Harry Macklowe - Macklowe Properties
• Brokers: Jordan Roeschlaub & Dustin Stolly - Newmark
• Loan Type: Inventory

In this transaction, Deutsche Bank provided a loan of $300,000,000. Christian Sewing, the CEO of Deutsche Bank, was involved in the deal as the lender's representative. Harry Macklowe, the landlord and owner of Macklowe Properties, played a key role in the transaction as well.