facebook
Traded Co logo
Submit
Daily limit: 0/10

Nathan Berman's Metro Loft Finalizes $335M Recapitalization Of 180 Water Street In Financial District

Property Image
FINANCED
$335,000,000
Adam Spies
Adam Doneger
+ 3

New York

See Similar Deals
MultiFamily
Financed 05/05/2025
the dealplayerscompscontact
Property Image
FINANCED

Nathan Berman's Metro Loft Finalizes $335M Recapitalization Of 180 Water Street In Financial District

180 Water Street

See Similar Deals
MultiFamily
Financed 05/05/2025
Adam Spies
Adam Doneger
+ 3
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in the transaction is a multifamily property located at 180 Water Street in the Financial District. The loan amount finalized for this asset is $335,000,000, categorized as a recapitalization loan. The property is significant within its market, serving as a key asset for the landlord.

Summary of transaction details:

Nathan Berman, representing Metro Loft, has arranged the recapitalization deal with the involvement of new equity partners, marking a significant step in the asset's financing strategy. The arrangement of new debt is also being facilitated by Newmark, highlighting the broker's role in the financial structuring of the transaction.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Adam Spies
Newmark
260 deals$71.4B volume(212) 841-7500
BROKER

Christopher (Chris) Kramer
Newmark
112 deals$21.8B volume(212) 850-5472
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Michael W. Collins
4 deals$525.7M volume
BROKER

Nathan Berman
18 deals$4.5B volume
LANDLORD

Details

FINANCED
IMAGE: Adam Spies, Adam Doneger, Nathan Berman, Christopher Kramer, Jordan Roeschlaub & Michael Collins DATE: 05/05/2025 ADDRESS: 180 Water Street MARKET: Financial District ASSET TYPE: Multifamily LANDLORD: Nathan Berman - Metro Loft BROKERS: Adam Doneger (@ADoneger), Adam Spies, Christopher Kramer, Jordan (Jordy) Roeschlaub (@JordyRoeschlaub) & Michael Collins - Newmark (@Newmark) LOAN AMOUNT: $335,000,000 LOAN TYPE: Recapitalization NOTE: Nathan Berman’s Metro Loft is finalizing a $335M recap of 180 Water Street, bringing in 60 Guilders and Sentry Realty as 50% equity partners, with new debt also being arranged by Newmark.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$335,000,000.00

Monthly NOI$2,233,333.33
Monthly Debt Service$2,117,427.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00