Deutsche Bank Provides $145M Refinance Loan For Multifamily Building At 180 Broome St. Lower East Side
New York
See Similar DealsDeutsche Bank Provides $145M Refinance Loan For Multifamily Building At 180 Broome St. Lower East Side
180 Broome Street, New York City, New York 10002, United States
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The Artisan at Essex Crossing, located at 180 Broome St. in the Lower East Side, is a multifamily property with 263 units. The property spans 233,000 square feet and is owned by Taconic Partners, L+M Development, BFC Partners, and Goldman Sachs. The loan, totaling $145,000,000, was secured from Deutsche Bank for the purpose of refinancing the property. The transaction took place on June 9, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $145,000,000
- Address: 180 Broome St.
- Market: Lower East Side
- Square Footage: 233,000
- Units: 263
The brokers involved in the deal were Jonathan Schwartz, Aaron Appel, Adam Schwartz, Keith Kurland, Mo Beler, and Sean Reimer from Walker & Dunlop. They represented the parties involved in the transaction. It is worth noting that Taconic Partners, L+M Development, BFC Partners, and Goldman Sachs acted as the landlords in this deal.
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