Apollo Global Management Provides $150M Financing For Multifamily Property In Manhattan
116 John Street
MultiFamily
Financed 44 days ago
Summary
The 416-unit apartment property at 116 John Street in lower Manhattan has received $150 million of senior mortgage financing. The loan was provided by Athene Annuity & Life Co and Apollo Global Management, as two affiliates of Apollo Global Management collaborated to finance the property.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $150,000,000
- Address: 116 John Street
- Market: Manhattan
- Lender: Athene Annuity & Life Co; Apollo Global Management
- Landlord: Marty Burger - Silverstein Properties
Marty Burger, the landlord of the property at 116 John Street, partnered with Silverstein Properties in securing the $150 million senior mortgage financing. The lenders involved in the transaction, Athene Annuity & Life Co along with Apollo Global Management, worked together to provide the necessary funding for this multifamily asset located in Manhattan.
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116 John Street
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