FINANCED
Slate Property Group Refinances Queens Multifamily Building With $97M Loan
105-02 Queens Boulevard
MultiFamily
Financed 59 days ago
Summary
Loan
NEW YORK
MultiFamily
The property involved in the transaction is a 137-unit residential elevator building located at 105-02 Queens Boulevard in Forest Hills, Queens. Slate Property Group obtained a $97 million refinance loan from Apollo Global Management through Athene Annuity And Life Company for this multifamily asset.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $97,000,000
- Address: 105-02 Queens Boulevard
- Market: Forest Hills, Queens
- Lender: Jeffrey Horowitz - Apollo Global Management
- Landlord: Martin Nussbaum - Slate Property Group
- Brokers: Daniel Fromm - Newmark
The deal, which closed on February 29, 2024, was facilitated by Daniel Fromm of Newmark representing Slate Property Group in securing the refinance loan with the lender being Apollo Global Management led by Jeffrey Horowitz.
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Details
FINANCED
IMAGE: Martin Nussbaum & Marc Rowan
DATE: 02/29/2024
ADDRESS: 105-02 Queens Boulevard
MARKET: Forest Hills, Queens
ASSET TYPE: Multifamily ~ UNITS: 137
LENDER: Jeffrey Horowitz - Apollo Global Management
LANDLORD: Martin Nussbaum - Slate Property Group (@SlatePropertyGroup)
BROKERS: Daniel Fromm (@Ddwb) - Newmark (@Newmark)
LOAN AMOUNT: $97,000,000
LOAN TYPE: Refinance
NOTE: Slate Property Group secured a $97 million refinance loan from Apollo Global Management through Athene Annuity And Life Company for their 137-unit residential elevator building at 105-02 Queens Boulevard in Forest Hills, Queens, with the deal closing on February 29, 2024.View on map
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Address105-02 Queens Boulevard
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