Natixis Corporate & Investment Banking Provides $260 Million Refinance Loan For Gotham Organization's Multifamily Tower
200 West 67th Street
$260,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 18, 2025
AI
AIRE is a 43-story multifamily tower located at 200 West 67th Street in Manhattan's Upper West Side. The property serves as a significant asset within the multifamily sector, and the recent loan transaction highlights its market value. The loan has been structured as a refinance, amounting to $260 million.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $260,000,000
- Lender: Natixis Corporate & Investment Banking
- Landlord: David L. Picket - Gotham Organization
- Broker Representatives: Lawrence Britvan & Michael Straw - CBRE
- Loan Type: Refinance
- Market: Upper West Side
A joint venture between a global investment firm and Gotham Organization was involved in securing the refinancing for AIRE. The transaction was facilitated by Natixis Corporate & Investment Banking, signifying a strategic financial maneuver for the stakeholders involved.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93