Simon Dushinsky Of Rabsky Group Secures $555M Refinance For Multifamily Towers In Fort Greene

The asset involved in this transaction is a multifamily property located at 12 Rockwell Place in Fort Greene, Brooklyn. The property consists of two newly built residential towers that total 1,102 units. The landlords are the Rabsky Group.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $555,000,000
• Lender: Josh Zegen & Brian Shatz - Madison Realty Capital
• Landlord: Simon Dushinsky - Rabsky Group
• Loan Type: Refinance

This transaction involves key individuals from Madison Realty Capital, specifically Josh Zegen and Brian Shatz, who facilitated the refinance of the property. The refinancing included $430 million, which was recorded and later assigned to a PIMCO fund.